Hong Kong Stocks Rally to Begin the Week

2025-09-29 02:51 By Farida Husna 1 min. read

Hong Kong equities jumped 409 points, or 1.6%, to 26,533 in early trade on Monday, reversing two sessions of losses as gains spread across all sectors.

Sentiment was buoyed by stronger U.S.

futures and news that President Trump will meet congressional leaders later in the day to discuss extending government funding and averting a shutdown.

Meanwhile, Trump’s latest tariffs—set to take effect October 1 and targeting items such as kitchen cabinets (50%), furniture (30%), and heavy trucks (25%)—did not trigger the volatility seen in April.

Gains were capped by caution ahead of China’s week-long National Day and Mid-Autumn Festival holidays beginning October 1, as well as anticipation for September PMI data.

The previous month showed conflicting signals, with official data pointing to contraction while a private survey indicated a rebound in manufacturing.

Early top performers included Sands China (4.8%), Kuaishou Tech (4.0%), KE Holdings (3.7%), AIA Group (2.8%), and Meituan (2.1%).



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