20.08.202508:24:21UTC+00Hang Seng Up Slightly at Finish

The Hang Seng index advanced by 43 points, equivalent to a 0.2% increase, closing at 25,166 on Wednesday. This rise marked the end of a four-day losing streak, as the index reversed losses from earlier in the session. Market sentiment saw an uplift due to a rally in Chinese equities, driven by the People's Bank of China's decision to maintain its benchmark lending rates. This anticipated move was designed to boost liquidity and combat deflationary trends. Concurrently, Hong Kong witnessed an increase in trading and listing activities, bolstered by policy initiatives aimed at energizing capital markets and streamlining IPO processes. Investors seemed largely indifferent to news that the U.S. was stepping up scrutiny on Chinese imports—specifically steel, copper, and lithium—amid allegations of human rights abuses. In sector movements, property and financial stocks gained, while consumer stocks slightly declined. Pop Mart International surged 12.7% to reach a record high, supported by robust first-half earnings and an optimistic outlook. Sunny Optical also experienced notable gains, climbing 10% on strong profits. Additional key performers included Laopu Gold with an 8.9% increase, Mixue Group rising by 5.7%, and a 1.6% gain for HKEX.