Bullish
Hang Seng Index rises 1.7% amid regional market declines on July 29, 2026.
On July 29, 2026, the Hang Seng Index (HSI) closed at 25,310 points, up 1.7%, bucking the regional downtrend. This positive movement was driven by strong performances in technology stocks, including Tencent, Alibaba, Meituan, JD.com, and NetEase. The HSI's resilience contrasts with declines in other Asian markets, such as South Korea's Kospi, which fell over 8%, and Japan's Nikkei 225, down 1.8%.
Key points
- HSI closes at 25,310 points, up 1.7%, bucking regional downtrend.
- Technology stocks like Tencent and Alibaba lead HSI gains.
- South Korea's Kospi plunges over 8% amid AI investment concerns.
- Japan's Nikkei 225 declines 1.8% following Kyushu earthquake.
Sources
- South Korea's Kospi share index falls 8%, other Asian shares are also mostly lowerAssociated Press · July 29, 2026
- HSI ends up 103 pts at 25,310; TEH up 28 pts at 4,730ET Net News Agency · July 28, 2026
- Asian stock markets in red, Kospi down 10.8%Anadolu Agency · July 28, 2026
- Market Quick Take - Chip rout goes global as AI doubts deepen Fed in focusSaxo Bank Switzerland · July 28, 2026
AI-generated from public news sources. Not financial advice.
