17 Sep 2025 | 5 Mins Read
Hong Kong stocks hit four-year high due to AI optimism
Flipitmoney
Hong Kong shares closed at a four-year high on Wednesday, driven by technology stocks. The Hang Seng Index rose 1.8%, CSI300 Index increased 0.6%, and Shanghai Composite Index gained 0.4%. Baidu surged nearly 16% and Alibaba rose 5% to their strongest points since 2023 and 2022 respectively. China's tech majors jumped 4.2% and SMIC shares rose nearly 7%, amid renewed AI infrastructure optimism.