Hang Seng Rises 1.2%, Alibaba and Xiaomi Lead!
The Hang Seng Index rose 1.2% to 26,095.88 in Hong Kong trading on Monday (April 5), reversing course after a 1.3% decline in the previous session. This increase was supported by broad gains across almost all components, with 71 of the 90 stocks ending in the green.
Alibaba Group Holding was the largest contributor to the index's rise, rising 4.5%, while Xiaomi recorded the largest daily gain with a 6.8% surge. All sectors rose, led by commerce and industrial stocks, indicating improved risk appetite at the index level.
Trendwise, the Hang Seng has risen 0.5% in the last five days and strengthened 3.9% in the 30 days, with a 52-week performance of 16%. However, the index remains about 7% below its 52-week peak reached on January 29, 2026, and 16.2% above its low on May 6, 2025.
In terms of valuation, the index is trading at a price-to-earnings ratio of 13.4 times (trailing) and 11.5 times estimated forward earnings for the full year, with a dividend yield of around 3% (twelve-month trailing). The 30-day volatility edged up to 23.82% from 23.59% in the previous session, while the total market capitalization of its constituents stands at around HK$30.4 trillion. (asd)
Source: Newsmaker.id
