Hong Kong's Hang Seng Index rises 0.5% to 25,130.03 at close

Hong Kong's Hang Seng Index rises 0.5% to 25,130.03 at close

Hong Kong's Hang Seng Index (HSI) closed at 25,130.03 on July 2, 2025, marking a 0.5% increase from the previous close. This upward movement was driven by broad-based sector gains and renewed investor optimism across Asia, as reported by Business Today [2].

The HSI advanced from around 24,280 on July 14 to close at 24,825.66 on July 18, before reaching its new peak on July 2, 2025. This week's rally mirrored upbeat sentiment in regional markets, with the MSCI Asia-Pacific ex-Japan index also hitting a multi-year high. The positive momentum was buoyed by strong US economic data and positive corporate earnings, according to CNBC [1].

Investors in Hong Kong shares climbed sharply, with all sectors contributing to the advance. Chinese blue-chip stocks led the gains, while lingering tariff concerns were shrugged off in favor of improving macro signals from the US and China.

The Hong Kong Exchanges and Clearing (HKEX) also announced major infrastructure updates, including a proposal to shorten the equities settlement cycle from T+2 to T+1, aiming for implementation by 2027. Additionally, HKEX launched a 30-year RMB interest rate swap under Northbound Swap Connect and introduced a new order routing service on its Integrated Fund Platform, further solidifying Hong Kong’s position as a key cross-border financial center.

Looking ahead, investors are eyeing this week’s US macroeconomic data and developments in China’s property sector for further direction. Analysts remain cautiously optimistic, noting that volatility could return on shifting global trade and interest rate dynamics.

References:
[1] https://www.cnbc.com/quotes/.HSI
[2] https://www.businesstoday.com.my/2025/07/20/hkse-recap-hong-kong-stocks-rally-as-hang-seng-hits-multi-year-high/