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ADR of Hong Kong companies show growth in the American markets
According to the latest trading data, securities issued in the form of American Depositary Receipts (ADRs) have shown a significant increase in trading in the United States. This positive trend has encompassed key representatives of the financial and technology sectors in Hong Kong, indicating renewed investor interest in these assets.
Significant Growth in the Financial Sector
HSBC, one of the largest banking giants, demonstrated substantial progress, rising by 3.5% compared to the previous closing price on the Hong Kong market, which was HKD 139.5. Simultaneously, AIA, a leading insurance company, increased by approximately 3%, approaching HKD 85.8. These results are based on data from RTHK and indicate strong demand among American traders.
Broader Recovery Across the Portfolio
At the same time, a number of other financial and technology organizations contributed additional price movements ranging from 1% to over 2%. Industrial and Commercial Bank of China and Bank of China, both major players in the banking market, reported gains of about 1%. This widespread positive dynamic of Hong Kong issuer ADRs indicates a general strengthening of these assets on American exchanges and suggests a recovery of investor confidence in this market segment.