Hong Kong stocks jump into 2026 as investors bet on continued bull run



Hong Kong stocks started 2026 on a positive note on Friday, as investors bet on economic growth after both the mainland and Hong Kong markets recorded bull runs in 2025.

The Hang Seng Index rose 1.5 per cent to 26,002.82 as of 10am local time on Friday, the best trading start since 2023. The Hang Seng Tech Index added 3 per cent. On the mainland, the markets were closed for public holidays.

The Hang Seng Index ended 2025 with a 28 per cent gain on Wednesday, securing its best yearly performance since gaining 36 per cent in 2017. The CSI 300 Index of the mainland’s yuan-denominated stocks climbed 18 per cent in 2025, the biggest gain since 2020.

Leading the gains on Friday, search-engine giant Baidu jumped 6.7 per cent to HK$140.30, after it said its AI chip unit Kunlunxin has ‌filed a listing application with the Hong Kong stock exchange ‍on Thursday. Electric-vehicle maker Li Auto added 5.9 per cent to HK$68.70, and online game provider NetEase advanced 4.8 per cent to HK$224.60. Online-travel booking agency Trip.com climbed 4 per cent to HK$576, while blind-box toymaker Pop Mart rose 2.9 per cent to HK$193.20.

Limiting gains, electric utility firm Power Assets dropped 1 per cent to HK$54.60, infrastructure company CK Infrastructure Holdings retreated 1.1 per cent to HK$56.95 and clean energy distributor ENN Energy lost 0.4 per cent to HK$68.95.

In its debut, Shanghai Biren Intelligent Technology, the first of China’s up-and-coming graphics processing unit developers to list in the city, jumped 86 per cent to HK$36.58.
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