The Hang Seng rose 43 points or 0.2% to close at 25,166 on Wednesday, reversing early-session losses while snapping a four-day losing streak. Market sentiment improved as Chinese equities rallied, buoyed by the PBoC’s decision to keep benchmark lending rates unchanged - an expected move aimed at injecting liquidity and countering deflationary pressures. Meanwhile, Hong Kong’s trading and listing activity continued to accelerate, supported by policy measures to invigorate capital markets and simplify IPO procedures. Investors largely brushed off reports that the U.S. was intensifying scrutiny on Chinese imports - such as steel, copper, and lithium - over alleged human rights violations. Property and financials were higher while consumers fell slightly. Pop Mart Intl. soared 12.7% to a record high on strong H1 earnings and upbeat guidance, while Sunny Optical surged 10% on robust profit. Other notable movers included Laopu Gold (8.9%), Mixue Group (5.7%), and HKEX (1.6%).