Hang Seng Rises 0.7%, HSBC Leads Gains
The Hang Seng Index rose 0.7% to 26,765.72 in Hong Kong trading, reversing a 1.8% decline in the previous session. The financial sector led the gains, with HSBC Holdings the largest contributor, surging 5.5%, while Haidilao International recorded the highest daily gain among its constituents, rising 6.2%.
Market-wise, 42 of 88 stocks rose and 42 fell. Sector-wise, two of four sectors rose, led by financial stocks. Despite today's gains, the index is still down 2.3% for the month, but remains up 16% in the past 52 weeks. The Hang Seng is currently 4.6% below its 52-week high on January 29, 2026, and 39% above its low on April 9, 2025.
In terms of valuation, the Hang Seng is trading at a trailing P/E of 13.5x and approximately 13x estimated forward 12-month earnings, with a dividend yield of 2.9% (last 12 months). The total market capitalization of Hang Seng constituents is approximately HK$31.2 trillion. Meanwhile, 30-day price volatility decreased to 19.56% from 19.92% in the previous session, although still above the average of around 17.95% over the past month—indicating the market is starting to calm down slightly, but not yet completely free from volatility. (alg)
Source: Newsmaker.id
