Hang Seng Index Rises 0.2%, Financial Sector Leading the Way
The Hang Seng Index rose 0.2% to 26,834.77 in Hong Kong, stabilizing after the previous session's 2.2% decline. Today's gains were led by the financial sector, with three of the four sectors posting gains; of the 88 stocks, 61 rose and 27 fell.
HSBC Holdings, the largest contributor to the index's gains, rose 3.1%. Meanwhile, CSPC Pharmaceutical Group, the stock with the largest surge, surged 8.1%.
In terms of medium-term performance, the Hang Seng has risen about 33% in the past 52 weeks—still below the 37% rise of the MSCI AC Asia Pacific Index over the same period. The index is currently 4.4% below its 52-week peak (January 29, 2026) and 39.3% above its low (April 9, 2025).
In its most recent movement, the Hang Seng Index fell 1.1% in the last five days, but is still up 1.9% in the last 30 days. The index's valuation is recorded at a P/E of 13.6 (trailing) and approximately 13x estimated forward earnings for the year, with a dividend yield of 2.9% (last 12 months). The total market capitalization of index members is approximately HK$31.8 trillion.
30-day volatility decreased slightly to 18.34% from 18.43% in the previous session (average for the past month was 16.62%). This signals the market is calming down, but remains more volatile than the monthly average. (Asd)
Source: Newsmaker.id
