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

Indonesia News Portal for Traders | Financial & Business Updates

30 September 2025 10:30  |

Hong Kong Stocks Rise, China Stimulus Hopes Strengthen

Hong Kong stocks opened higher on Tuesday, following Wall Street's rally, amid hopes of fresh stimulus after a report showed China's manufacturing activity remained weak. The Hang Seng Index rose 0.4% to 26,736.44, while Hang Seng Tech added 1%. Technology and e-commerce stocks led the gains, with Alibaba surging nearly 2%, JD.com rising 0.8%, and Semiconductor Manufacturing International surging 3.7%. Meanwhile, Baidu and Trip.com shares weakened, while New Oriental plunged nearly 2%.

Official data showed China's manufacturing PMI in September stood at 49.8, marking the sixth consecutive month of contraction. This figure is better than August's 49.4, but still below expectations of 50.1.

Weak domestic demand and trade uncertainty with the US have manufacturers awaiting clarity on economic policy direction. Investors are now awaiting the outcome of Beijing's meeting on the 15th five-year plan, which is expected to provide signals on further stimulus.

Source: Newsmaker.id

Related News

HANGSENG

Hang Seng Down 1.4%, Tencent Pressures Index

The Hang Seng Index closed down 1.4% to 26,544.85 in Hong Kong—its biggest daily decline since July 31 (-1.6%)—after a 1....

18 September 2025 15:15
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 Ends at Near 3-Month High on Trade Optimism

The Hang Seng jumped 389 points, or 1.6%, to close at 24,181 on Monday, recovering from losses in the previous session and hi...

9 June 2025 15:51
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
BIAS23.com NM23 Ai