Shares in Hong Kong experienced a robust increase, climbing 638 points, or 2.5%, to reach 25,885 around midday on Monday. This marked a significant rebound from a 2.5% decline in the previous session, driven by widespread gains across all sectors. The market was buoyed by rising expectations that China may implement new stimulus measures to bolster the economy, following a GDP growth rate of 4.8% year-on-year for the third quarter of 2025. This growth rate was the slowest in a year, influenced by ongoing trade tensions and a sustained slump in the property market, both of which have dampened demand.
Meanwhile, it is anticipated that Chinese leaders will meet through Thursday to deliberate on the 15th five-year plan, which is expected to emphasize high-tech manufacturing in light of escalating competition with the United States. Additionally, traders are looking forward to the forthcoming Politburo meeting and December's Central Economic Work Conference.
On the international front, U.S. futures also pointed upwards after President Trump hinted that tariffs on China might be reduced if Beijing undertakes measures that benefit the U.S. However, gains were tempered by caution ahead of the release of Hong Kong’s jobless rate and inflation data for September.
Leading performers in the market included AIA Group, which rose by 4.4%, SMIC up by 3.7%, Tencent climbing 3.4%, and Meituan advancing by 2.5%.
