Hong Kong's Hang Seng Index rises 0.8% to 25,633.91 at close
Title: Hang Seng Index Surges 0.8% to 25,633.91 at Close
The Hang Seng Index (^HSI) closed at 25,633.91 on September 2, 2025, marking a 0.8% increase from the previous day's close [2]. This gain follows a significant 2.1% rise in the index two days prior, which was its largest advance in over two weeks [2].
The Hang Seng Tech Index also saw a modest decline of 0.6% on September 1, 2025 [2]. Meanwhile, on the mainland, the CSI 300 Index slipped by 0.1% and the Shanghai Composite Index retreated by 0.3% [2]. Car dealer Zhongsheng Group Holdings advanced 5% to HK$16.78, while household appliances maker Midea Group gained 3.5% to HK$86.95 [2]. On the downside, China Unicom slid 3.9% to HK$9.42 and machine tool maker Techtronic Industries lost 2.7% to HK$97.15 [2].
The recent performance of the Hang Seng Index is in line with broader market expectations that the Federal Reserve will cut borrowing costs later this month, adding impetus to market sentiment [2]. Additionally, Chinese air-conditioner maker Aux Electric dropped 4.1% to HK$16.71 on the first day of trading in Hong Kong after its US$532 million IPO [2].
In a separate development, Ping An Insurance (Group) Company of China, Ltd. (HKEX: 2318; SSE: 601318) has been upgraded from "A-" to "A" in the 2025 sustainability ratings for listed companies [3]. This upgrade recognizes Ping An's outstanding achievements in Environmental, Social, and Governance (ESG) performance.
References
[1] https://finance.yahoo.com/quote/%5EHSI/
[2] https://www.scmp.com/business/china-business/article/3323983/hong-kong-stocks-tread-water-after-hang-seng-indexs-biggest-advance-2-weeks
[3] https://www.morningstar.com/news/pr-newswire/20250901cn62680/ping-ans-hang-seng-index-2025-sustainability-rating-upgraded-to-a
[4] https://cnevpost.com/2025/09/08/hesai-launches-hong-kong-offering/
Comments
No comments yet