Hong Kong Shares Rally to Begin 2026

2026-01-02 02:37 By Farida Husna 1 min. read

Hong Kong stocks jumped 413 points, or 1.6%, to 26,043 in early trade Friday, the first session of 2026, rebounding from prior losses and poised for a second straight weekly gain of about 1.0%.

so far.

Markets reopened after the New Year break amid a rally in U.S.

futures, following solid year-end gains on Wall Street.

While U.S.

equities underperformed the strong returns of the past two years due to an April tariff-driven sell-off, 2025 annual gains held firm, buoyed by strength in the AI sector.

All Hang Seng components advanced, led by tech, consumer, and property shares, though upside was capped by caution ahead of November retail sales data.

Baidu surged over 6% after announcing plans to spin off its AI chip unit.

Other top movers were SMIC (4.6%), Trip.com (3.7%), Xiaomi (2.7%), and Tencent (2.6%).

Hong Kong equities in 2025 jumped nearly 28%, their second straight annual rise, boosted by a robust IPO market, easing Sino-U.S.

trade tensions, and China’s growth-focused policies.



News Stream
Hong Kong Stocks Rebound as Asian Markets Recover
The Hang Seng Index rose 0.5%, or 124 points, to close at 24,187 on Friday, recovering from the previous session’s losses as Asian equities rebounded following a selloff in technology and semiconductor stocks, with dip buyers stepping in amid easing concerns over global market volatility. Lower yields helped ease pressure on equities, while investors bought beaten-down shares following recent market volatility and tracking gains in Wall Street. The recovery in regional chipmakers also helped lift risk appetite, although uncertainty surrounding the sustainability of artificial intelligence spending continued to weigh on parts of the technology sector. Investors also awaited Federal Reserve Chair Kevin Warsh’s comments for clues on the US interest-rate outlook. Hong Kong’s business confidence data was also due later in the day. Notable movers included Lenovo (6.2%), Kingboard Laminates (2.5%), Z.AI Co. (1.2%), AIA (1.0%), and Genscript Biotech (5.1%).
2026-10-16
Hong Kong Stocks Face Pressure as AI Selloff Deepens
The Hang Seng Index slipped 1.0%, or 251 points, to close at 24,063 on Thursday, as hotter-than-expected US inflation data heightened concerns over further Federal Reserve rate hikes, weighing on global technology and AI-related shares. The weakness followed another sharp decline on Wall Street, where the Nasdaq fell 1.88% on Wednesday, posting its biggest one-day drop since July. In the region, technology and semiconductor shares remained under pressure, with investors awaiting TSMC's earnings for further signals on semiconductor demand. Meanwhile, Brent crude eased to around US$104.67 a barrel, although tensions near the Strait of Hormuz continued to raise concerns over energy supplies and inflation. Investors also watched Transsion Holdings Hong Kong debut, as the smartphone maker sought to raise up to HK$3.36 billion amid rising memory costs and margin pressures. Notable laggards were Lenovo (-14.5%), Z.AI (-10.2%), Tencent (-1.3%), Kingboard Laminates (-9.6%), and SMIC (-4.0%).
2026-10-15
Hong Kong Stocks Edge Lower
The Hang Seng Index closed nearly flat, down 0.1% at 24,314 on Wednesday, as losses in financial and technology technology stocks outweighed gains in energy, electronic services and retail shares. Asian chipmakers rebounded following heavy losses, although concerns over AI valuations, Chinese semiconductor competition and the returns on AI infrastructure spending persisted. Brent crude rose to around US$106.60 a barrel amid escalating attacks on Saudi energy infrastructure, heightening concerns over disruptions to Persian Gulf supplies and renewed inflationary pressure. Meanwhile, China's producer price inflation accelerated to 5.0% year-on-year in September, its strongest increase since June 2022, while consumer inflation edged up to 0.9%, below expectations of 1.0%. Notable decliners were Akeso (-9.6%), Z.AI Co. (-4.8%), and Kingboard Laminates (-5.2%). Investors also awaited US September CPI data for clues on the Federal Reserve's interest-rate outlook.
2026-10-14