Hong Kong Stocks Finish Higher; Fosun Pharma Gains on Vaccine Unit Spin-Off Plan
Friday, January 23, 2026       15:52 WIB

Published on 01/23/2026 at 03:41 am EST
(MT Newswires) -- Hong Kong stocks finished higher on Friday amid signals from China's central bank that reinforced expectations of further policy support.
The Hang Seng Index gained 108.02 points, or 0.4%, to close at 26,737.98, while the Hang Seng China Enterprises Index added 41.35 points, or 0.5%, to 9,155.65.
People's Bank of China Governor Pan Gongsheng said the central bank still has room to ease policy this year, the South China Morning Post reported, citing an interview with Xinhua News Agency.
He said easing could include cuts to reserve requirements and interest rates, while monetary policy would remain accommodative, the report added.
Meanwhile, markets are pricing a 96% chance that the U.S. Federal Reserve will leave interest rates unchanged at its Jan. 28 policy meeting, based on CME Group's FedWatch tool.
In corporate news, Hong Kong-listed shares of Shanghai Fosun Pharmaceutical closed nearly 2% higher after its board approved a proposed spin-off listing of its vaccine unit, Fosun Adgenvax.
Meanwhile, J&T Global Express closed over 3% lower after saying it is seeking to raise around HK$4.65 billion through a convertible bond issuance.

Sumber : Reuters