---
title: "\"Hong Kong Stocks\" Hang Seng Index rises 297 points in half a day, Baidu up over 5%, domestic property stocks rebound sharply"
description: "The Hong Kong stock market rose on expectations of easing tensions in China-U.S. trade, with the Hang Seng Index up 297 points at 22,206 points. Baidu's stock price increased by 5.3% due to the releas"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/237500135.md"
published_at: "2025-04-25T04:22:40.000Z"
---

# "Hong Kong Stocks" Hang Seng Index rises 297 points in half a day, Baidu up over 5%, domestic property stocks rebound sharply

> The Hong Kong stock market rose on expectations of easing tensions in China-U.S. trade, with the Hang Seng Index up 297 points at 22,206 points. Baidu's stock price increased by 5.3% due to the release of a new model. Technology stocks such as Alibaba and Tencent also saw varying degrees of increase. The overall market turnover was HKD 116.36 billion. Automotive stocks performed actively, with Leapmotor and Nio both experiencing gains

The market continues to anticipate a thaw in US-China trade tensions, with US stocks rising for three consecutive days. The Hong Kong stock market rose in the morning, with the Hang Seng Index opening up 170 points and the gains expanding, peaking at 358 points to reach 22,267 points. By midday, it rose 297 points or 1.4%, closing at 22,206 points; the National Index rose 104 points or 1.3%, closing at 8,160 points; the Hang Seng Tech Index rose 92 points or 1.9%, closing at 5,068 points. The total turnover of the market at midday was HKD 116.36 billion.

Baidu (09888.HK) released the Wenxin large model 4.5 Turbo and X1 Turbo, with its stock price rising 5.3%. Alibaba (09988.HK) and Tencent (00700.HK) rose 3.3% and 2.7%, respectively, while Bilibili (09626.HK), NetEase (09999.HK), and Kuaishou (01024.HK) rose between 3.4% and 3.7%. Meituan (03690.HK) and JD.com (09618.HK) rebounded by 1.6% and 1.4%, while Xiaomi (01810.HK) fell 0.1% to HKD 48.15.

In addition, Gaowe (01415.HK) and Horizon (09660.HK) rose 8.8% and 7.3%, respectively, while Lenovo Group (00992.HK) and AAC Technologies (02018.HK) rose 6% and 5.7%. GDS Holdings (09698.HK) rose 4.8%, while FIH Mobile (02038.HK), Sunny Optical (02382.HK), and BYD Electronics (00285.HK) rose between 3.2% and 4.2%. In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) fell 1.3% and 4.4%, respectively.

The market is focused on Leapmotor (09863.HK) providing electric vehicle platforms and electronic system architecture to FAW's Hongqi brand, with Leapmotor rising 2.3%. In other automotive stocks, Nio (09866.HK) surged 6.4%, while BYD (01211.HK), Geely (00175.HK), and Li Auto (02015.HK) rose between 2.5% and 2.7%. In the consumer domestic demand sector, Anta (02020.HK), Jiumaojiu (09922.HK), Miniso (09896.HK), and China Duty Free (01880.HK) rose between 2.4% and 2.8%. Chow Tai Fook (01929.HK) reported an 11.6% year-on-year decline in retail value for the fourth fiscal quarter ending March this year, with its stock falling 3.9%.

Domestic property stocks surged, with China Oceanwide (03377.HK) rising 11%, while Agile (03383.HK), CIFI (00884.HK), and Hopson Development (01813.HK) rose between 7.6% and 8.3%. Longfor (00960.HK) rose 6.6%, while Jinmao (00817.HK), Sunac (01918.HK), Greentown (03900.HK), and R&F Properties (02777.HK) rose between 4.6% and 5.9%. Runze (01109.HK) and Yuexiu Property (00123.HK), Vanke (02202.HK) and China Overseas (00688.HK) rose over 3%. Local property stock New World (00017.HK) increased by 6.7%.

Gaming stocks performed well, with Melco International (00200.HK) up 8.9%, Sands China (01928.HK) and Galaxy Entertainment (00880.HK) rising 4.9% and 3.2%, respectively. MGM China (02282.HK), Wynn Macau (01128.HK), and SJM Holdings (00027.HK) increased by over 2%. Resource stocks, including China Minmetals (01208.HK) and Chalco (02600.HK), rose 5.9% and 4.3%, while photovoltaic stocks Xinyi Solar (00968.HK) and Xinte Energy (01799.HK) increased by 3.9% and 3.1%.

In the financial sector, HSBC (00005.HK) and AIA (01299.HK) rose by 0.5%, while Standard Chartered (02888.HK) and Hong Kong Exchanges and Clearing (00388.HK) increased by 1.3% and 1.9%. Among brokerage stocks, CICC (03908.HK), CITIC Securities (06030.HK), and GF Securities (01776.HK) rose by 3.5% to 3.8%

### Related Stocks

- [TCTZF.US - Tencent Holdings Limited](https://longbridge.com/en/quote/TCTZF.US.md)
- [TCEHY.US - Tencent](https://longbridge.com/en/quote/TCEHY.US.md)
- [00700.HK - TENCENT](https://longbridge.com/en/quote/00700.HK.md)
- [BIDU.US - Baidu](https://longbridge.com/en/quote/BIDU.US.md)
- [09888.HK - BIDU-SW](https://longbridge.com/en/quote/09888.HK.md)
- [00960.HK - LONGFOR GROUP](https://longbridge.com/en/quote/00960.HK.md)
- [01128.HK - WYNN MACAU](https://longbridge.com/en/quote/01128.HK.md)
- [01918.HK - Sunac China](https://longbridge.com/en/quote/01918.HK.md)
- [01208.HK - MMG](https://longbridge.com/en/quote/01208.HK.md)
- [09626.HK - BILIBILI-W](https://longbridge.com/en/quote/09626.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
