China Markets Extended 3-Day Rally Amid Recovering Market Sentiment

Li Chen
26 Nov, 2025
Hong Kong

Stocks in China and Hong Kong advanced for the third consecutive session amid recovering market sentiment and resurgent AI trade.

The Hang Seng Index increased 0.4%, and the mainland-focused CSI 300 index advanced 0.8% as investors awaited the release of domestic macroeconomic data. 

Market indexes in China and Hong Kong extended this week's gains in the hopes that the U.S. Federal Reserve is more likely to lower its benchmark interest rate after a two-day meeting on December 10. 

Expectations were heightened by the latest sluggish macroeconomic data, suggesting that policymakers might opt for prompt action. 

U.S. nominal retail sales, not adjusted for inflation, in September increased 4.3% from a year ago, and producer price inflation held steady at an annual pace of 2.7%. 

Artificial intelligence stocks extended this year's rally, and Alphabet Inc. jumped after a report suggested that Meta Platforms is reviewing the company's advanced chips for its data centers. 

 

China Indexes and Stocks 

The Hang Seng Index added 0.4% to 26,004.17, and the mainland-focused CSI 300 index edged up 0.8% to 4,527.22. 

Alibaba Group Holding decreased 1.5% to HK $156.0, and the e-commerce platform operator reported a smaller-than-expected 52% decline in profit in its latest quarter. 

Property developers in Hong Kong edged higher amid speculation that the U.S. rate cut would spur the HKMA to lower its reference rate to maintain its currency peg.

Wharf Holdings edged up 0.3% to HK $23.34, Henderson Land Development gained 0.7% to HK $29.94, Sun Hung Kai Properties increased 1.9% to HK $99.45, and Swire Properties inched up 0.6% to HK $22.04.