0414 GMT - Hong Kong's Hang Seng Index rises 2.1% to 25866.49 as of midday, on track to close at a four-year high. One of the main reasons for recent gains in Chinese stocks is likely the relative stability in U.S.-China relations, Nomura research analysts write in a note. Key market indicators don't suggest stocks are anywhere nearing "bubble" levels, and positive sentiment will likely carry on as investors appear more comfortable with investing in Chinese equities given easing geopolitical risks, they add. Property and technology stocks lead gains. Longfor Group rises 8.2%, Baidu gains 6.0% and Alibaba Group adds 5.85%. The Hang Seng Tech Index is 3.1% higher at 5822.51, on track for its highest close since March. (kimberley.kao@wsj.com)
(END) Dow Jones Newswires
August 25, 2025 00:14 ET (04:14 GMT)
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