Hong Kong Stocks Retreat But Set for Solid Yearly Advance

2025-12-31 03:24 By Farida Husna 1 min. read

Hong Kong shares fell 207 points, or 0.8%, to 25,648 in early trade on Wednesday, the final session of 2025, echoing Wall Street S&P 500's third straight decline overnight after the latest Fed minutes revealed divisions over balancing labor market support with inflation risks.

Still, losses were offset by upbeat China PMI data in December, with both official and private surveys showing a modest rise in factory activity.

Official figures also pointed to the strongest service sector growth in four months, topping forecasts.

Among notable laggards were Innovent Biologics (-3.2%), Techtronic Inds.

(-2.2%), and Meituan (-1.2%).

Despite the dip, Hong Kong markets remain on track for a second consecutive year of robust gains, up about 28% so far, buoyed by a robust IPO market in the city, easing U.S.–China trade tensions, and Beijing’s pledge to sustain growth through proactive fiscal spending and accommodative monetary policy.

Trading will close early for New Year’s Eve and resume on Jan. 2.



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