Hang Seng Index Falls 0.2%; Xiaomi Leads Declines
The Hang Seng Index weakened for the fourth consecutive day, falling 0.2%, or 53.95 points, to 25,122.90 in Hong Kong. Xiaomi Corp. was the largest contributor to the index's decline, falling 1.2%, while Sino Biopharmaceutical Ltd. recorded the largest decline, falling 6.6%.
Today, of the 85 member stocks, 43 fell, 38 rose, while three of the four sectors moved lower, led by the trade and industrials sector. Over the past 52 weeks, the Hang Seng Index has gained 43%, compared to a 16% increase in the MSCI AC Asia Pacific Index over the same period. Currently, the index is 2.5% below its 52-week high of August 14, 2025, but still 48.1% above its low of September 11, 2024.
In the past five days, the Hang Seng Index has risen 0.6%, and in the past 30 days, it has risen 1.2%. The index is currently trading at a price-to-earnings (P/E) ratio of 12 times trailing earnings and 11.5 times estimated forward earnings for the year. The index's dividend yield is 3.1% on a 12-month basis. The total market capitalization of all index members reached HK$29.6 trillion. Meanwhile, 30-day price volatility decreased to 15.38%, compared to 15.78% in the previous session and an average of 15.31% over the past month. (ayu)
Source: Newsmkaer.id
