FX.co ★ Hang Seng Rises 0.4% at Close

On Tuesday, the Hang Seng index experienced a 0.4% rise, adding 87 points to close at 23,207. This positive shift followed a lackluster session the previous day and marked a recovery from a four-week low. The uptick was largely spurred by growth in China's manufacturing sector, with a private survey indicating the most significant factory activity increase in four months. This followed Monday's official data showing that the manufacturing sector had expanded at its fastest rate in a year. However, traders remained cautious due to the anticipated announcement of President Trump's tariffs on Wednesday, which tempered the gains. The index saw a boost primarily from the technology, commercial services, energy minerals, and miscellaneous sectors. Leading the charge were notable gains from Wharf Real Estate, up 4.9%, Netease Inc., up 4.1%, Kuaishou Technology, up 3.3%, China Shenhua Energy, up 2.5%, and Shenzhou International Group, up 2.4%.