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Hang Seng Index Rises Amid Tariff Cuts, Tech Declines

2/4/2026

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Summary

Story summary

Hong Kong's Hang Seng Index rose 0.2% to 26,834.77 on February 3, 2026.
Hang Seng Tech Index fell 1.1% amid speculation that Chinese authorities may adjust tax rates on internet services.
Notable gains included HSBC Holdings up 3.1%, Zijin Mining Group up 4.6%, and the CSI 300 Index up 1.2%.
Market sentiment improved after U.S. President Donald Trump announced tariff cuts on India, contributing to gold and silver prices.

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Story summary

Hong Kong's Hang Seng Index rose 0.2% to 26,834.77 on February 3, 2026.
Hang Seng Tech Index fell 1.1% amid speculation that Chinese authorities may adjust tax rates on internet services.
Notable gains included HSBC Holdings up 3.1%, Zijin Mining Group up 4.6%, and the CSI 300 Index up 1.2%.
Market sentiment improved after U.S. President Donald Trump announced tariff cuts on India, contributing to gold and silver prices.