NewTimeSpace | Hong Kong Market Close: Three Major Indices Close Higher, Hang Seng Index Up 0.37%; Pharmaceuticals & Biotechnology and Media Themes Strengthen

NewTimeSpace reported,On September 30, 2026, the three major Hong Kong indices closed higher: the Hang Seng Index rose 0.37%, the Hang Seng TECH Index gained 0.10% and the Hang Seng China Enterprises Index rose 0.50%. HSI full-day turnover was HKD 187.2 billion, up from the previous trading day. Southbound capital recorded a net inflow of HKD 6.864 billion.

By industry, pharmaceuticals and biotechnology, media and steel were among the themes that strengthened, while semiconductors, consumer durables and hardware equipment led the declines.

Among Hang Seng Index constituents, 62 advanced and 31 declined. On the upside, CSPC PHARMA rose 6.3%, HANSOH PHARMA 5.3% and WUXI BIO 4.8%; on the downside, MIDEA GROUP fell 3.2% and GEELY AUTO 2.9%.

Among Hang Seng TECH Index constituents, 17 advanced and 13 declined. On the upside, Z.AI rose 4.3%, KUAISHOU-W 2.3% and MEITUAN-W 1.8%; on the downside, ILUVATAR COREX fell 9.7% and TENCENT MUSIC-SW 2.7%.

Among Stock Connect constituent stocks, DEEPZERO rose 20.0%, CANSINOBIO 17.5% and JOINN 15.6%; DIAGENS-B fell 16.2%, SHOUGANG LANZA 15.9% and STAR SPORTS MED 15.3%.

SDIC Securities (Hong Kong) noted that Premier Li Qiang chaired a State Council executive meeting yesterday, which proposed stepping up the counter-cyclical adjustment of macro policy and rolling out a batch of pragmatic and effective incremental policies. The meeting proposed studying and introducing policy measures to stabilise the real estate market and boost employment and income, and continuing to study and reserve policy measures to boost domestic demand.

Previously, the policy focus was mainly on the supply side, targeting overcapacity and "involutionary" competition; this meeting placed stabilising the property market, stabilising employment and expanding domestic demand in a more prominent position. The market will next watch the pace and implementation strength of the incremental policies in the fourth quarter. (Source: SDIC Securities (Hong Kong), Hong Kong Stock Morning Report)

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