Hong Kong Market Rises to Near Two-Week High
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Hong Kong stocks rose 292 points (1.1%) to 27,059, marking a near two-week high. Financials led the gains with a 2% increase, spurred by Beijing's commitment to enhance financial ties with Hong Kong. Positive sentiment was bolstered by a 0.6% year-on-year growth in China's industrial profits for 2025. However, U.S. futures weakened due to President Trump's tariff hike on South Korean imports. Notable gainers included Zijin Gold Intl. (12.0%) and Minimax Group (10.2%).
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