21 October 2025, 05:39 Hong Kong: Shares Extend Gains to Near 1-Month High.
Hong Kong stocks climbed 366 points, or 1.4%, to 26,233 on Tuesday morning, extending strong gains from the prior session and nearing its highest in almost a month. Sentiment strengthened after a rally on Wall Street overnight, as White House top officer indicated the U.S. government shutdown was likely to end this week. President Trump also signaled optimism about reaching a “fair trade deal” with China’s Xi Jinping. Meanwhile, bets mounted that Beijing may launch additional stimulus after China's Q3 GDP growth slowed to 4.8%, the weakest in a year, as elite policymakers meet this week to discuss the new 5-Year Plan ahead of the December Politburo. Gains were capped, however, after local data showed Hong Kong’s jobless rate rose to 3.9% in July–September from 3.7%, led by higher unemployment in social work and construction. Early top movers included Zijin Mining (2.8%), Lenovo (2.2%), SMIC (1.8%), and KE Holdings (1.6%), while Zhejiang Leapmotor surged 1.6% on insider share purchases.
© 1999-2026 Forex EuroClub
All rights reserved