Hong Kong equities closed modestly higher on Wednesday, with the Hang Seng Index rising 0.6% to settle above a key psychological level. The Hang Seng Tech Index gained 0.57%, continuing its recent outperformance. Trading activity remained healthy, with southbound capital recording its seventh consecutive day of net inflows, reflecting mainland investors’ growing confidence in Hong Kong’s valuation recovery. Internet giants and semiconductor equipment stocks led the advance, while some consumer electronics names rose on anticipation of Apple’s upcoming product launches.
China’s A-share market posted broad-based gains, with Shenzhen-listed shares showing particular strength. The Shenzhen Component Index climbed 0.87%, while the ChiNext Index outperformed with a 1.11% advance. The STAR 50 Index also rose 0.8% on steady turnover of 1.18 trillion yuan across Shanghai, Shenzhen and Beijing exchanges. Notably, new energy stocks rebounded in afternoon trading, with solar module and energy storage equipment plays attracting fresh capital. The AI theme also regained momentum after a brief consolidation period.
The Beijing Stock Exchange maintained its upward trajectory, with the BSE 50 Index gaining about 1% to outperform main board indices. Trading activity remained brisk among specialized “little giant” enterprises, particularly in precision instruments and bio-testing sectors. Analysts note that with the interim earnings season approaching, high-growth small and mid-cap stocks with solid fundamentals are becoming a key focus for investors. The improved liquidity environment at the Beijing exchange has further reinforced this trend.
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