Hong Kong Stocks Soar; Fitch Affirms Yuexiu Property's Credit Rating

MT Newswires Live06-02

Hong Kong stocks soared Tuesday as tech shares rallied, led by renewed enthusiasm for artificial intelligence.

The Hang Seng Index rose by around 640.14 points, or roughly 2.5%, to end at 26,038.32, while the Hang Seng China Enterprises Index increased by 255. points, or around 3%, to close at 8,762.97.

The Hang Seng TECH Index similarly jumped 234.36 points, or 4.7%, to 5,199.28.

Markets continued to follow updates in the Middle East which is yet to see a breakthrough between the U.S. and Iran and were balancing renewed geopolitical risks against continued enthusiasm for artificial intelligence-driven growth and technology investment, Reuters reported, citing Robert Savage, head of markets macro strategy at BNY.

In corporate news, Fitch Ratings affirmed Yuexiu Property's (HKG:0123) long-term foreign-currency issuer default rating at BBB- and maintained a stable outlook

Fitch attributed the affirmation to Yuexiu Property's stable market position and positive operating cash flow, despite a decline in contracted sales amid China's property market downturn.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2640915236?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-02 16:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640915236","market":"nz","top_or_hot":-1,"title":"Hong Kong Stocks Soar; Fitch Affirms Yuexiu Property's Credit Rating","media":"MT Newswires Live","content":"<html><body><p> Hong Kong stocks soared Tuesday as tech shares rallied, led by renewed enthusiasm for artificial intelligence.</p><p>The <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Index rose by around 640.14 points, or roughly 2.5%, to end at 26,038.32, while the Hang Seng <a href=\"https://laohu8.com/S/CSHEF\">China Enterprises</a> Index increased by 255. points, or around 3%, to close at 8,762.97.</p><p>The Hang Seng TECH Index similarly jumped 234.36 points, or 4.7%, to 5,199.28.</p><p>Markets continued to follow updates in the Middle East which is yet to see a breakthrough between the U.S. and Iran and were balancing renewed geopolitical risks against continued enthusiasm for artificial intelligence-driven growth and technology investment, Reuters reported, citing Robert Savage, head of markets macro strategy at BNY.</p><p>In corporate news, Fitch Ratings affirmed <a href=\"https://laohu8.com/S/YUPRF\">Yuexiu Property</a>'s (HKG:0123) long-term foreign-currency issuer default rating at BBB- and maintained a stable outlook</p><p>Fitch attributed the affirmation to <a href=\"https://laohu8.com/S/00123\">Yuexiu Property</a>'s stable market position and positive operating cash flow, despite a decline in contracted sales amid China's property market downturn.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Soar; Fitch Affirms Yuexiu Property's Credit Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Soar; Fitch Affirms Yuexiu Property's Credit Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-06-02 16:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Hong Kong stocks soared Tuesday as tech shares rallied, led by renewed enthusiasm for artificial intelligence.</p><p>The <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Index rose by around 640.14 points, or roughly 2.5%, to end at 26,038.32, while the Hang Seng <a href=\"https://laohu8.com/S/CSHEF\">China Enterprises</a> Index increased by 255. points, or around 3%, to close at 8,762.97.</p><p>The Hang Seng TECH Index similarly jumped 234.36 points, or 4.7%, to 5,199.28.</p><p>Markets continued to follow updates in the Middle East which is yet to see a breakthrough between the U.S. and Iran and were balancing renewed geopolitical risks against continued enthusiasm for artificial intelligence-driven growth and technology investment, Reuters reported, citing Robert Savage, head of markets macro strategy at BNY.</p><p>In corporate news, Fitch Ratings affirmed <a href=\"https://laohu8.com/S/YUPRF\">Yuexiu Property</a>'s (HKG:0123) long-term foreign-currency issuer default rating at BBB- and maintained a stable outlook</p><p>Fitch attributed the affirmation to <a href=\"https://laohu8.com/S/00123\">Yuexiu Property</a>'s stable market position and positive operating cash flow, despite a decline in contracted sales amid China's property market downturn.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09115","symbol_name":"安硕恒生指数—U","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2640915236","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640915236","pubTimestamp":1780389477,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hong Kong stocks soared Tuesday as tech shares rallied, led by renewed enthusiasm for artificial intelligence.The Hang Seng Index rose by around 640.14 points, or roughly 2.5%, to end at 26,038.32, while the Hang Seng China Enterprises Index increased by 255. points, or around 3%, to close at 8,762.97.The Hang Seng TECH Index similarly jumped 234.36 points, or 4.7%, to 5,199.28.Markets continued to follow updates in the Middle East which is yet to see a breakthrough between the U.S. and Iran and were balancing renewed geopolitical risks against continued enthusiasm for artificial intelligence-driven growth and technology investment, Reuters reported, citing Robert Savage, head of markets macro strategy at BNY.In corporate news, Fitch Ratings affirmed Yuexiu Property's  long-term foreign-currency issuer default rating at BBB- and maintained a stable outlookFitch attributed the affirmation to Yuexiu Property's stable market position and positive operating cash flow, despite a decline in ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"82800":"盈富基金-R","83115":"安硕恒生指数—R","513600":"恒生指数ETF南方","09115":"安硕恒生指数—U","HSI":"恒生指数","03423":"招商恒生科技","HSTECH":"恒生科技指数","03032":"恒生科技ETF","03088":"华夏恒生科技","03033":"南方恒生科技","07226":"南方两倍做多恒科","03115":"安硕恒生指数","LU2279858448.HKD":"富国中国中小盘成长基金 A1 类（港元）","02833":"恒指ETF","07552":"XI二南方恒科","09067":"安硕恒生科技-U","09088":"华夏恒生科技-U","03417":"AGX恒科备兑","07200":"FL二南方恒指","03037":"南方恒指ETF","LU1171460220.USD":"FULLGOAL CHINA SMALL-MID CAP GROWTH \"A1\" (USD) INC","BK1240":"房地产开发","00123":"越秀地产","07300":"FI南方恒指","BK1555":"内房股","03419":"A GX恒指备兑","02837":"GX恒生科技","02800":"盈富基金","HSCCI":"红筹指数","07500":"FI二南方恒指","03067":"安硕恒生科技"},"translate_title":"港股大涨；惠誉确认越秀地产信用评级","themeId":"5f8282190eed47f3c2bfaf994aae9d40","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"82800":0.6,"83115":0.6,"513600":0.6,"07226":0.6,"03115":0.6,"02833":0.6,"03088":0.6,"02837":0.6,"02800":0.6,"HSI":1.89,"09088":0.6,"HSCCI":1.9,"03417":0.6,"MHImain":0.6,"03423":0.6,"MCHmain":0.6,"03037":0.6,"09115":0.6,"03067":0.6,"HHImain":0.6,"00123":1.97,"03032":0.6,"07200":0.6,"07500":0.6,"03033":0.6,"07552":0.6,"03419":0.6,"07300":0.6,"09067":0.6,"HSTECH":1.89},"content_text":"Hong Kong stocks soared Tuesday as tech shares rallied, led by renewed enthusiasm for artificial intelligence.The Hang Seng Index rose by around 640.14 points, or roughly 2.5%, to end at 26,038.32, while the Hang Seng China Enterprises Index increased by 255. points, or around 3%, to close at 8,762.97.The Hang Seng TECH Index similarly jumped 234.36 points, or 4.7%, to 5,199.28.Markets continued to follow updates in the Middle East which is yet to see a breakthrough between the U.S. and Iran and were balancing renewed geopolitical risks against continued enthusiasm for artificial intelligence-driven growth and technology investment, Reuters reported, citing Robert Savage, head of markets macro strategy at BNY.In corporate news, Fitch Ratings affirmed Yuexiu Property's (HKG:0123) long-term foreign-currency issuer default rating at BBB- and maintained a stable outlookFitch attributed the affirmation to Yuexiu Property's stable market position and positive operating cash flow, despite a decline in contracted sales amid China's property market downturn.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640915236","isCrawlerRequest":true}