Hang Seng Nearly Flat, AIA a Powerhouse
The Hang Seng Index edged higher and closed at 26,847.32 in Hong Kong. Market sentiment remained stable, with gains in certain stocks managing to withstand pressure from other issuers.
The largest contributor to the index's rise came from AIA Group Ltd., which rose 1.4%. Meanwhile, the stock with the biggest surge was Xinyi Glass Holdings Ltd., which surged 5.9%, providing additional support to the index's movement.
Broadly speaking, the market was mostly in the green: 64 of 88 stocks rose, 23 fell, and the majority of sectors advanced—led by the financial sector. Over the past 12 months, the Hang Seng has gained around 29%, although it remains 4.3% below its 52-week high recorded on January 29, 2026.
However, in the short term, the index remains volatile: down 3.5% in 5 days, but up 1.9% in 30 days. In terms of valuation, the Hang Seng is trading at around 13.6x trailing and 13.1x forward PER, with a dividend yield of 2.9% and a total capitalization of approximately HK$31.8 trillion. Its 30-day volatility is around 18.32%, relatively stable compared to the previous session. (Asd)
Source: Newsmaker.id
