Hong Kong Stocks Close Slightly Higher as Tech Hype Cools; XPeng Soars on AI Buzz — Hang Seng Ends at 26,696 (Nov 11, 2025)
Hong Kong’s Hang Seng Index rose 0.18% to 26,696.41, led by gains in property and financial stocks after an early dip. XPeng surged up to 18% intraday on record deliveries and robotics news, hitting multi-year highs. Alibaba, Meituan, and SMIC fell, weighing on tech sentiment. Investors rotated into defensives ahead of key China data and Hong Kong’s GDP release.