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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

22 August 2025 15:17  |

Hang Seng Rises 0.9%, Alibaba Leads Rally

The Hang Seng Index rose 0.9% to 25,339.14, its biggest daily gain since August 13 (+2.6%), after a 0.2% decline in the previous session. The increase occurred from the opening and persisted until the morning's close.

The main driver came from Alibaba's +2.0% gain, which contributed the most to the index's rise. SMIC jumped 10.1%, becoming the day's biggest gainer. Overall, 50 of 85 stocks rose, while 30 fell.

Most sectors also advanced: 3 out of 4 sectors were in the green, led by the commerce & industrials group. This fairly widespread increase indicates improved buying interest in technology and consumer stocks. (ayu)

Source: Newsmaker.id

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