Hang Seng closes 0.7 percent higher as AI stocks rebound
Published on 10/23/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI and next-session calendar
- Hang Seng closed at 23,093 points, up 159 points or 0.7 percent on October 23.
- AI supply-chain, robotics and lithium-battery shares led the rebound after a 3.0 percent selloff.
- BYD rose 6.2 percent, while Lenovo fell 2.3 percent.
- China industrial profits are scheduled for October 26 at 1:30 a.m. HKT, with 15.7 percent prior growth.
The Hang Seng closed at 23,093 points on October 23, up 159 points or 0.7 percent. AI supply-chain, robotics and lithium-battery shares led a rebound after the index fell 3.0 percent on Thursday, Longbridge reports.
BYD rose 6.2 percent as auto and lithium-battery shares strengthened. The rebound restored the Hang Seng above 23,000 points, but the index still fell 4.5 percent for the week.
Why did the Hang Seng rebound on October 23?
Hong Kong stocks recovered despite a sharp overnight decline in US technology shares. Buying returned to AI hardware, large-model companies, robotics and battery makers during afternoon trading.
Wuyi Shijie surged 30.3 percent after joining Nvidia's Halos SAFE ecosystem. The move helped lift robotics shares, while CATL gained 5.4 percent as lithium-battery stocks rebounded, Futunnam reports.
Winners and losers in the Hang Seng
Winners and losers at the October 23 close are listed by TradingKey and Longbridge:
- BYD up 6.2 percent: auto and lithium-battery shares strengthened.
- CATL up 5.4 percent: lithium-battery shares rebounded.
- Standard Chartered down 2.3 percent.
- Lenovo down 2.3 percent.
Hang Seng course and market breadth
The index opened at 23,028 points, then fell to a session low of 22,804 points before recovering above 23,000. It closed at 23,093 points, according to China Daily Asia.
The previous close was 22,935 points on October 22. The Hang Seng Tech Index gained 2.1 percent, while the China Enterprises Index rose 0.9 percent, showing stronger performance in technology and mainland-linked shares.
What comes next for the Hang Seng
China's industrial profits for September are scheduled for October 26 at 1:30 a.m. HKT. The calendar lists prior growth of 15.7 percent, Trading Economics reports.
Hang Seng price data for October 23, 2026
The Hang Seng closed at 23,093 points on October 23, up 159 points or 0.7 percent versus the previous close of 22,935 points, Hong Kong China News Agency reports. It opened at 23,028 points and recorded a session low of 22,804 points.
Hang Seng by the numbers on October 23, 2026
- Index: Hang Seng
- Home exchange: Hong Kong Stock Exchange, Hong Kong
- Close on October 23, 2026: 23,093 points
- Change versus previous close of October 22, 2026: up 159 points (up 0.7 percent)
- Previous close: 22,935 points
- Open: 23,028 points
- Day low: 22,804 points
- Top gainer: BYD up 6.2 percent
- Top loser: Standard Chartered down 2.3 percent
- Next scheduled event: October 26, 2026, 1:30 a.m. HKT: China industrial profits
