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

Indonesia News Portal for Traders | Financial & Business Updates

14 May 2025 09:53  |

Hong Kong Stocks Jump Ahead Of Tech Earnings

Hong Kong stocks rose 259 points, or 1.1%, to 23,368 in early trade on Wednesday, recovering from sharp losses in the previous session as most sectors rallied ahead of key earnings from major Chinese technology companies. The Hang Seng Tech Index led the gains, jumping 1.3%, after a rally in U.S. chipmakers overnight on news that Nvidia and AMD will supply semiconductors to Saudi firm Humain for data center projects.

Ubtech Robotics jumped 3.3% after announcing a partnership with Huawei to launch humanoid robots in homes and factories. Consumer and financial stocks also posted solid gains, lifted by optimism over a temporary U.S.-China tariff truce. Meanwhile, President Trump said he would speak directly with Chinese President Xi Jinping in the coming days. However, gains were capped by caution ahead of April credit growth data from China. In March, new yuan loans had already topped expectations. Top performers included SITC Intl. (6.0%), Zhejiang Leapmotor (5.5%), and AIA Group (3.2%).(Newsmaker23)

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