China Stock Market Today: Defence and Tech Lead Modest Mainland Rebound as MSCI Rebalance Supercharges Hong Kong — November 24, 2025
Hong Kong’s Hang Seng Index surged 1.97% to 25,716.50 on Monday, boosted by MSCI index changes and hopes for a December Fed rate cut. Mainland benchmarks were little changed, with the Shanghai Composite up 0.05% and the CSI 300 down 0.12%. Defence, shipbuilding, and AI stocks led gains amid tensions with Japan. JD.com’s supply-chain arm advanced plans for a Hong Kong IPO.