China Stocks Advanced Ahead of Christmas Break, Gold Scaled New Record High

Li Chen
24 Dec, 2025
Hong Kong

Stocks in China and Hong Kong advanced for the third consecutive session, and investors debated the earnings growth outlook in the year ahead.

The Hang Seng Index and the mainland-focused CSI 300 Index hovered near the flatline in thin trading as investors remained optimistic about the earnings growth outlook. 

The Hong Kong Stock Exchange closed after the first session today and will remain closed on Thursday and Friday in celebration of the Christmas holiday. 

Gold surpassed $4,500 an ounce in intraday trading as investors continued to accumulate yellow metal amid worries about rising U.S. federal government debt and major central banks replacing holdings of U.S. Treasury notes with the precious metal. 

Stock market indexes in Tokyo, Seoul, and Mumbai edged higher, reflecting gains in overnight trading in New York. 

 

China Indexes and Stocks 

The Hang Seng Index increased 0.1% to 25,790.55, and the CSI 300 index inched higher 0.1% to 4,615.39. 

Artificial intelligence-linked stocks dominated trading in Hong Kong and Shanghai, and investors held out for higher earnings amid rising demands. 

Baidu Inc. decreased 0.2% to HK $119.60, SMIC gained 3.3% to HK $71.15, Alibaba Group Holding declined 0.8% to HK $145.90, and Tencent Holdings Ltd. was unchanged at HK $602.0. 

Techtronic Industries edged up 0.1% to HK $91.80, Li Ning Co. Ltd eased 1.1% to HK $19.04, and Anta Sports Products Ltd. decreased 0.7% to HK $81.65.  

The IPO parade continued for the third session in a row, and one stock was listed on the Shanghai Stock Exchange today.

Ningbo Jansen Superconducting Technologies soared 255% to 66.21 yuan in Shanghai trading.