China and Hong Kong Indexes Extend Weekly Gains Amid Fragile Peace In Middle East

Li Chen
25 Jun, 2025
Hong Kong

China and Hong Kong stock market indexes advanced on the hopes that a temporary cooling of tensions in the Middle East may avert a wider war in the region. 

The Hang Seng index jumped nearly 1%, and the mainland-focused CSI 300 index gained 0.3% after crude oil prices decreased for the third consecutive session. 

Market sentiment in Hong Kong improved on the hopes that foreign investors are likely to resume their purchases driven by increased risk appetite. 

Investors also held out for a rate cut in Hong Kong following a balanced testimony by the U.S. Federal Reserve Chairman Jerome Powell. 

Traders speculated that the Federal Reserve is more likely to cut rates following the recent decrease in energy prices, which could offset tariff-driven inflation. 

 

China Indexes and Stocks 

The Hang Seng Index advanced 0.9% to 24,388.16, and the mainland-focused CSI 300 index edged up 0.3% to 3,914.58. 

Vitasoy International Holdings Ltd. decreased 2.8% to HK $9.10, and the beverage maker reported a sharp jump in earnings in the year ending in March. 

The beverage maker reported revenue in the fiscal year was nearly flat at HK$6.21 billion compared to HK$6.27 billion, and net income soared 102% to HK$235 million from HK $116 million a year ago, respectively. 

The company announced a final dividend of 10.2 cents, increasing the total dividend to 14.2 cents from 7.7 cents a year ago. 

CaoCao dropped 14% to HK $36.20, and the ride-hailing operator by Zhejian Geely sold 44.17 million shares at a price of HK $41.94 per share.

XJ Electrics declined 7% to HK $2.57, and the household appliance maker listed its stock on the Hong Kong Stock Exchange. 

The company sold 68.22 million shares for a price of HK $2.86.