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Hong Kong Stocks Rise as Investors Reassess China’s Economic Outlook

Market Express01-09 16:30

Hong Kong stocks rebounded on Friday, spurred by an improved China inflation reading.

The Hang Seng Index rose 0.3%. while the Hang Seng Tech Index gained 0.2%.

In terms of star stocks, MiniMax soared 109% on debut; Knowledge Atlas rose 21%; Laopu Gold rose 6%; Kuaishou rose 4%; Bilibili, Alibaba, and JD.com rose 3%; while Mixue Group fell 4%; Meituan fell 3%; Baidu fell 2%; Li Auto, NetEase, NIO, and CATL fell 1%; Tencent fell 0.8%; Xiaomi fell 0.5%.

Official data on Friday showed that a 1.9% year-on-year decline in producer prices in December was narrower than the consensus estimate of a 2% drop, it represented a 39th straight month of contraction. Consumer prices rose 0.8%, the fastest pace since February 2023. For the whole of 2025, factory-gate prices fell 2.6% and consumer prices stayed unchanged.

The US is due to release the monthly non-farm payroll report later on Friday and more monthly China economic data will be published next week, testing investors’ appetite for risk assets.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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