14 October 2025, 08:14 Hong Kong: Shares Edge Higher After Six-Session Slide.
Hong Kong stocks rose 66 points, or 0.25%, to 25,956 on Tuesday morning trade, attempting to recover following six consecutive sessions of losses. Gains were supported by a strong Wall Street rally overnight and comments from U.S. Treasury Secretary Scott Bessent that President Trump remains on track to meet Xi Jinping in South Korea later this month. Stronger-than-expected Chinese trade data for September also lifted sentiment, as both exports and imports rose sharply ahead of the expiration of the current 90-day tariff truce on November 9. All sectors advanced, led by financials and property, in line with mainland markets. Geely Auto jumped 2.6% after approval for debt financing instruments, while gold-related stocks benefited from record-high bullion prices - Zhaojin Mining Industry (4.7%), China Gold International Resources (3.1%), and Laopu Old (2.8%). However, caution ahead of China’s September credit figures later today and upcoming CPI and PPI data tempered further increases.
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