Market Updates

China and Hong Kong Indexes Inched Higher Tracking Wall Street Gains

Li Chen
11 Nov, 2025
Hong Kong

    China's indexes hovered near a one-month high amid improving global risk appetite, but frothy tech valuations overshadowed market sentiment.

    The Hang Seng Index decreased 0.2%, and the mainland-focused CSI 300 index declined 0.7% as bargain hunters avoided high-flying tech stocks.

    The U.S. Senate lawmakers passed a key vote to end the federal government shutdown, amid a short-term deal that could provide funding for various government programs for as long as one year.

    The lifting of the longest government shutdown will facilitate the resumption of economic data flow, covering everything from inflation to employment and helping policymakers with key decisions, including interest rate actions. 

    On the domestic front, investors remained cautious amid weak consumer demand, a persistent decline in the residential market, elevated youth unemployment, and fading effects of a bump in international trade.

     

    China Indexes and Stocks 

    The Hang Seng Index decreased 0.2% to 26,588.41, and the CSI 300 index dropped 0.7% to 4,663.53. 

    Alibaba Group Holding decreased 2.2% to HK $159.30, Tencent Holdings dropped 0.6% to HK $643.50, Meituan fell 2.2% to HK $101.20, and Baidu Inc. jumped 3.3% to $130.0. 

    Nongfu Spring Co. Ltd. decreased 0.6% to HK $53.75, Pop Mart International declined 2.2% to HK $220.20, and Zijin Gold International rose 1.4% to HK $145.80.  

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