17 Sep 2025 | 5 Mins Read
Hong Kong stocks reach four-year peak on AI, TikTok deal boost
Flipitmoney
Hong Kong shares rose 1.4%, their highest level in four years, driven by tech stocks, as confidence in China's AI capabilities grew. Baidu surged 16% to its highest level since October 2023, while Alibaba rose 5% to its strongest point since November 2022. Mainland Chinese stocks hovered near a 3.5-year peak. A potential TikTok deal and AI developments lifted sentiment.