FX.co ★ Hong Kong Equities Rise Further to Near 3-Week Peak

Hong Kong's stock market saw a rise of 213 points, or 0.8%, reaching 26,025 on Monday morning, marking gains for the second consecutive session as traders entered the final week of 2025. The Hang Seng Index approached a three-week peak with widespread sector gains. Investor sentiment received a boost from Shanghai's benchmark, which achieved its ninth successive gain on Monday, marking its longest winning streak since April. Additionally, Beijing announced on Sunday that it plans to adopt a more proactive fiscal policy next year, focusing on boosting domestic demand, technological innovation, and reinforcing social safety measures. Leading the market rally were technology stocks, which rose by 1.8%, with Meituan increasing by 2.0%, followed by Trip.com at 1.0%, and SMIC at 0.9%. Consumer and financial stocks also saw an uptick due to heightened expectations of increased household spending as supportive policies remain in place. Markets are poised to conclude 2025 with a nearly 30% increase, marking the second year of consecutive growth, driven by policy optimism, enhanced liquidity, and a resurgence in risk appetite as China-U.S. trade tensions begin to ease.