The Hang Seng jumped 446 points, or 1.8%, to close at 25,977 on Friday, picking up from a subdued session the day before amid solid gains across sectors after two key benchmarks on Wall Street hit new records Thursday following the third rate cut this year from the Fed.
Sentiment was further boosted by a rise in mainland stocks after China's leaders pledged in the Central Economic Work Conference to maintain a "proactive" fiscal stance in 2026 aimed at supporting consumption, investment, and overall growth.
Meantime, remarks from President Xi Jinping noted that 2025 is "a truly extraordinary year" and that major targets would be met.
Among notable movers were China Hongqiao (-4.0%), Kuaishou Tech. (-2.5%), Xiaomi Corp. (-2.4%), and AIA Group (-2.3%).
For the week, however, Hong Kong shares logged a weekly loss of 0.4%, the first drop in three weeks, rattled by caution ahead of China's November activity data due next week and concerns that the Fed may deliver fewer rate cuts next year.
Sumber : tradingview.com
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