Hong Kong Stock Market Rally on January 29, 2026: Property Developers Surge, Tech and Chip Stocks Decline

On January 29, 2026, the Hong Kong stock market showed mixed performance. The Hang Seng Index rose 0.51% to 27,968.09, driven by strong gains in property developers like Sunac China (+29%) and Country Garden (+16%). The Hang Seng China Enterprises Index also increased by 0.42%. However, the Hang Seng Tech Index fell 1%, with chip stocks such as Hua Hong Semiconductor and SMIC declining over 3-5%. The alcohol beverage sector also saw significant gains, with stocks like Zhenjiu Lidu rising over 12%.

Latest News

01-30
Quick Update: Hang Seng Index Opens 0.65% Lower, Tech Index Drops 0.88%; Tech and Internet, Gold Stocks Broadly Decline, Chifeng Gold Plunges Over 8%
Quick Update: Hang Seng Index Opens 0.65% Lower, Tech Index Drops 0.88%; Tech and Internet, Gold Stocks Broadly Decline, Chifeng Gold Plunges Over 8%
01-29
China stocks close up, led by liquor and real estate shares
China stocks close up, led by liquor and real estate shares
01-29
HK Close | HSI Jumps 0.5%, Property Developers Surge While Tech Lags. SUNAC Soars 29%; Hua Hong Semi Falls 5%
HK Close | HSI Jumps 0.5%, Property Developers Surge While Tech Lags. SUNAC Soars 29%; Hua Hong Semi Falls 5%
01-29
港股综述|恒指再刷阶段新高!内房股强势拉升,融创中国飙涨逾29%;酒类股午后爆发,珍酒李渡大涨逾12%
港股综述|恒指再刷阶段新高!内房股强势拉升,融创中国飙涨逾29%;酒类股午后爆发,珍酒李渡大涨逾12%
01-29
Market Close: Hang Seng Index Rises 0.51%, Tech Index Falls 1%; Tech and Chip Stocks Weaken, Property Stocks Strong, Alcohol Beverage Sector Surges in Afternoon
Market Close: Hang Seng Index Rises 0.51%, Tech Index Falls 1%; Tech and Chip Stocks Weaken, Property Stocks Strong, Alcohol Beverage Sector Surges in Afternoon
01-29
Hong Kong stocks mixed, Sunac China surged over 29%, Country Garden rose over 16%
Hong Kong stocks mixed, Sunac China surged over 29%, Country Garden rose over 16%
01-29
收盘|港股收盘涨跌不一,融创中国涨超29%,中国奥园涨超32%
收盘|港股收盘涨跌不一,融创中国涨超29%,中国奥园涨超32%
01-29
收评:港股恒指涨0.51% 科指跌1% 科网股、芯片股走弱 内房股强势 酒精饮料板块午后拉升
收评:港股恒指涨0.51% 科指跌1% 科网股、芯片股走弱 内房股强势 酒精饮料板块午后拉升
01-29
Hong Kong Stock Movement | Chip Stocks Extend Losses in Afternoon Session - HUA HONG SEMI (01347) Down Over 5%, SMIC (00981) Down Over 3%
Hong Kong Stock Movement | Chip Stocks Extend Losses in Afternoon Session - HUA HONG SEMI (01347) Down Over 5%, SMIC (00981) Down Over 3%
01-29
HK Stocks Reverse Losses. HSI Tops 28,000 Mark; Commodity, Property Sectors Gain With Logan Group up 24%; PetroChina, Longfor Group up around 4%
HK Stocks Reverse Losses. HSI Tops 28,000 Mark; Commodity, Property Sectors Gain With Logan Group up 24%; PetroChina, Longfor Group up around 4%

User Discussion

avatarDRust
01-30
$COUNTRY GARDEN(02007)$ Forefront in the industry for delivery volume. Country Garden has delivered 1.85 million houses in 4 years - Country Garden recently released the delivery data of nearly four years on its official Weibo. Data display: Between 2022 and 2025, the company has completed the delivery of about 1.85 million houses. Third-party data shows that its delivery volume continues to be at the forefront of the industry during this period, and it is estimated that these deliveries carry the needs of more than 5.5 million people. Under the background of the deep adjustment of the real estate market in the past few years, guaranteed delivery has become the core task of the industry. Country Garden's delivery work is internally called a syste