Hong Kong Shares Kick Off Week Higher
Hong Kong stocks rose 201 points (0.8%) to 26,360, marking three consecutive sessions of gains due to easing China-U.S. trade tensions. Key negotiators reached a consensus, paving the way for a meeting between Presidents Trump and Xi. Chinese industrial profits increased by 3.2% year-on-year in the first nine months of 2025, with a significant 21.6% rise in September. Hong Kong's business sentiment improved to -2 in Q4. All sectors advanced, particularly consumer, tech, and property stocks, with notable early movers including Wuxi Biologics and Prada.
Hong Kong stocks climbed 201 points, or 0.8%, to 26,360 on Monday morning trade, marking the third straight session of gains as easing China-U.S. trade tensions lifted risk appetite.
Top negotiators from both countries said they had reached a consensus on key disputes, setting the stage for Presidents Donald Trump and Xi Jinping to meet later this week to finalize a trade deal.
On the data front, Chinese industrial profits rose 3.2% yoy in the first nine months of 2025, picking up from 0.9% previously, with profits in September alone surging 21.6%, the fastest rise since November 2023, boosted by efforts to curb excess capacity.
Locally, Hong Kong’s business mood improved to -2 in Q4 from -8 in Q3, the third straight quarterly rise.
Strength was capped, however, by caution ahead of China’s official PMI for October.
All sectors advanced, led by consumer, tech, and property stocks, with early movers including Wuxi Biologics (5.1%), Prada (3.2%), Techtronic Inds. (2.9%), and SMIC (2.6%).
