Published on 01/14/2026 at 03:36 am EST
(MT Newswires) -- Hong Kong stocks extended gains on Wednesday as persistent global uncertainties prompted major investment firms to redirect capital towards Asia.
The Hang Seng Index added 151.34 points, or roughly 0.6%, to end at 26,999.81. The Hang Seng China Enterprises Index rose 30.15 points, or 0.3%, to close at 9,315.56.
Global funds, including Goldman Sachs and Bernstein Societe Generale, are growing more bullish on Chinese equities and the yuan amid heightened global uncertainties, Bloomberg News reported.
The shift toward Chinese assets is being driven by attractive valuations, supportive industry policies, and an improving earnings outlook, the report said.
Ongoing tensions between the U.S. and Iran and reports of the Trump administration opening a criminal investigation into Federal Reserve Chair Jerome Powell are fueling fresh inflows to markets beyond the U.S. as investors look to diversify holdings.
Meanwhile, business sentiment among Hong Kong's small and medium-sized enterprises improved marginally in December 2025.
The current diffusion index on business receipts amongst SMEs rose to 44.9 in December from 44.5 in November, data released by the city's Census and Statistics Department showed.
In corporate news, Shanghai Longcheer Technologylaunched its Hong Kong initial public offering, seeking to raise up to HK$1.62 billion.
The smart devices provider is offering 52.3 million shares at a maximum price of HK$31 each.

Sumber : MT Newswires