• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

29 April 2025 15:36  |

Hang Seng Pares Gains at Finish

The Hang Seng rose 36 points or 0.2% to end at 22,008 on Tuesday, mainly helped by gains in tech and financials after a subdued prior session. Markets trimmed early gains, amid caution ahead of April’s official PMI data in China that will be due Wednesday.

Investors continued to await more clarity on U.S. tariff plans and their potential impact on China. Beijing Monday held off on new stimulus but reiterated support for exporters and workers affected by U.S. tariffs and said contingency plans for the economy is in place. Meantime, mainland markets will be closed from May 1 for a five-day Labour Day break.

Auto stocks advanced, with Geely up 3.7% and Li Auto 2.2%, as President Trump plans to ease some duties on foreign auto parts to help U.S. carmakers. Wuxi AppTec jumped 4% on strong Q1 profits. Other notable gainers included Sichuan Kelun-Biotech (9.5%), Alibaba Health (6.5%), Trip.com (2.9%), and Meituan (2.8%). Meanwhile, Sinopec fell 1.4% after reporting weaker quarterly earnings.

Source : Trading Economics

 

Related News

HANGSENG

Hang Seng Ends 0.4% Higher Amid Upbeat Wall Street Sentimen...

The Hang Seng rose 87 points, or 0.4%, to close at 19,664 on Tuesday (11/19), marking its second session of gains amid positi...

19 November 2024 15:25
HANGSENG

Hang Seng Index Down 2.2%; Trade Sector Led

The Hang Seng Index fell 2.2% to 19,623.32 in Hong Kong. The decline was the biggest since a 2.8% drop on Nov. 12 and followe...

2 January 2025 15:57
HANGSENG

Hang Seng Index Drops 3.3%; Alibaba Leads Declines

The Hang Seng Index fell for a second day, dropping 3.3%, or 776.97, to 22,941.32 in Hong Kong. It was the biggest decline si...

28 February 2025 15:19
HANGSENG

Hang Seng Index Falls 0.8%; Xiaomi Leads Decline

The Hang Seng Index fell for the fourth day, dropping 0.8%, or 181.83 to 23,600.31 in Hong Kong. Xiaomi Corp. contributed t...

12 March 2025 15:57
BIAS23.com NM23 Ai