China Indexes Reached New 4-Year Highs Amid Flurry of Successful Public Offerings

Li Chen
17 Sep, 2025
Hong Kong

China's stock market indexes advanced, and investors snapped up technology stocks amid earnings optimism.

The Hang Seng index increased 1.4%, and the mainland-focused CSI 300 index edged higher 0.6% amid positive market sentiment following the US-China "trade framework agreement." 

Despite the optimistic outlook signaled by trade negotiators, few details were released, and sources in Shanghai and Beijing confirmed that the U.S. and China have significant differences in how to lower trade barriers.

Leaders of the U.S. and China are set to talk on Friday, which could lead to finalization of the transfer of TikTok's U.S. assets and a possible announcement of China's purchase of soybeans and jet aircraft.

 

China Indexes and Stocks 

The Hang Seng Index added 1.4% to 26,805.49, and the mainland-focused CSI 300 index increased 0.6% to 4,550.58.

Tencent Holdings increased 2% to HK$658.0, and the WeChat messaging app operator announced a completion of a 9 billion yuan, or $1.3 billion, offshore bond offering. 

Alibaba Group Holding advanced 5% to HK$161.20, Meituan increased 4.4% to HK$105.50, and JD.com jumped 5.7% to HK$137.40. 

Baidu Inc. jumped 15% to HK$130.50 after the search engine operator completed a 4.4 billion senior notes offering. 

160 Health International soared 148% to HK$137.40, and the mainland-based company priced its initial public offering at HK$11.89 per share. 

The digital healthcare matching platform operator sold 33.65 million shares and raised net proceeds of HK$316.1 million.

The company claimed to have 55.2 million registered individual users and 902,300 medical professionals on its platform.