Published on 11/20/2025 at 03:50 am EST
(MT Newswires) -- Hong Kong stocks ended little changed on Thursday as investors weighed China's steady lending rates and looked past Nvidia's strong results, which only briefly eased concerns about a potential AI bubble.
The Hang Seng Index barely moved in positive territory, adding 4.92 points to close at 25,835.57, while the Hang Seng China Enterprises Index edged lower, slipping 7.70 points, or 0.08%, to 9,143.34.
Nvidia's robust third-quarter earnings and upbeat fourth-quarter forecast helped calm investor nerves, albeit temporarily, that the AI boom may have outpaced fundamentals.
However, HSBC strategists said in a report that although valuations of Chinese technology stocks have risen sharply this year, they remain well below "bubble" territory, within the range seen in recent years, according to a South China Morning Post report.
Meanwhile, closer to home, China kept its one-year loan prime rate at 3% and the five-year loan prime rate at 3.5%.
In a Reuters survey of 23 market participants conducted this week, all respondents expected no change to either rate.
In corporate news, Lenovo closed 1% higher despite reporting a slip in fiscal second-quarter profit, as revenue climbed.
Sa Sa Internationalgained 2% after reporting higher fiscal first-half profit and a 7% increase in turnover.

Sumber : MT Newswires