The Hang Seng rose 156 points, or 0.6%, to close at 27,183 on Tuesday, marking a second straight rise as most sectors advanced. Sentiment was supported by Wall Street’s record Dow close on Monday, ahead of key U.S. economic releases, including delayed payrolls data. In China, equities managed to end higher on optimism that Lunar New Year travel demand will be strong. Meanwhile, Politico said that U.S. President Trump is set to meet Chinese leader Xi Jinping in Beijing in April, adding to the global backdrop. Still, earlier strength was trimmed as caution set in before Chinese CPI and PPI data, due Wednesday, ahead of the nine-day holiday starting from February 15. Innovent Biologics jumped 5.0% on confidence in hitting its 2027 revenue target of CNY 20 billion, while JF SmartInvest Holdings surged 9.3% on robust earnings estimates. Axera Semiconductor also closed notably higher in its Hong Kong debut. However, Zhaojin Mining slumped 6.3% after reports of a fatal gold mine accident.
