Hang Seng Down 0.3% at Close
2025-10-28 08:23
By
Farida Husna
1 min. read
The Hang Seng fell 87 points, or 0.3%, to finish at 26,346 on Tuesday, reversing three consecutive sessions of gains as U.S.
futures pointed to a lower open on Wall Street following Monday’s rally.
Mainland stocks also eased after six sessions of strength, down from a decade high ahead of official October PMI data and amid growing doubts over the durability of the recent easing in U.S.-China trade tensions.
Hong Kong's consumer and tech sectors weighed on the index, with steep losses from Zijin Gold Intl.
(-4.5%), Anta Sports (-4.2%), China Hongqiao Group (-3.7%), and Xiaomi Corp.
(-2.3%).
Losses were tempered by remarks from People’s Bank of China Governor Pan Gongsheng, who said policymakers will maintain a supportive monetary policy stance and implement moderately loose measures.
Separately, Beijing plans to ease investor rules to attract long-term capital, with authorities highlighting stability and diversification as key priorities.
Markets will be closed Wednesday for a holiday.