---
title: "The Hong Kong stock market is booming! The Hang Seng Index has risen above 22,000 points for the first time since October last year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228116128.md"
description: "Hong Kong stocks surged, with the Hang Seng Index surpassing 22,000 points for the first time since October last year. Alibaba rose over 3%, with its stock price approaching the high point from October last year"
datetime: "2025-02-13T02:18:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228116128.md)
  - [en](https://longbridge.com/en/news/228116128.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228116128.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/228116128.md) | [繁體中文](https://longbridge.com/zh-HK/news/228116128.md)


# The Hong Kong stock market is booming! The Hang Seng Index has risen above 22,000 points for the first time since October last year

Hong Kong stocks surged, with the Hang Seng Index standing above 22,000 points for the first time since October last year. Alibaba rose over 3%, with its stock price approaching the high point since October last year. Alibaba Health increased by over 8%, and Baidu rose nearly 5%.

According to the Hong Kong Radio website, the Hong Kong General Chamber of Commerce proposed to expand the cross-border wealth management connect program to other major cities in mainland China and broaden the range of products. Regarding the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, it is suggested to relax the eligibility criteria for "southbound trading" investors and exempt mainland individual investors from the 20% tax on purchasing Hong Kong stocks through the Shanghai-Hong Kong Stock Connect

### Related Stocks

- [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md)
- [BABA-WR (89988.HK)](https://longbridge.com/en/quote/89988.HK.md)
- [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md)
- [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md)
- [ALI HEALTH (00241.HK)](https://longbridge.com/en/quote/00241.HK.md)
- [BIDU-SW (09888.HK)](https://longbridge.com/en/quote/09888.HK.md)

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