Hong Kong Stocks End Mixed Thursday; Chery Automobile Makes Debut

Published on 09/25/2025 at 05:01 am EDT
(MT Newswires) -- Hong Kong stocks were mixed Thursday as life in the city began to return to normal and authorities warned the public against investing in unauthorized stablecoins.
The Hang Seng Index fell marginally by 33.97 points, or 0.13%, to 26,484.68, while the Hang Seng China Enterprises Index rose 1.23 points, or 0.01%, to 9,444.22.
The Hong Kong Monetary Authority warned investors against trading in a supposedly-approved offshore yuan-pegged stablecoin. The city's de facto central bank clarified that it had yet to grant any licenses for stablecoin issuers, the South China Morning Post reported.
Meanwhile, authorities were assessing damage and taking remedial steps from the powerful Ragasa typhoon following nearly two days of standstill in Hong Kong.
In corporate news, Chery Automobilemade its debut in Hong Kong after pricing its public listing at HK$30.75 per share, the top end of the indicative range.
The Chinese auto manufacturer closed at HK$31.92 per share, higher than its IPO price.
Meanwhile, CTF Servicesis looking to raise HK$2.25 billion via the issue of 0.75% exchangeable bonds due Oct. 3, 2028.
Shares of the construction firm were up nearly 4% at close.

Sumber : Reuters