HSI Rises Over 500 Points After Noon; ZIJIN GOLD INTL Jumps Approximately 14% on Its Second Day of Trading; HIPINE Soars 65%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2025
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Source: aastocks
Market Performance: The Hang Seng Index (HSI) surged 503 points to a four-year high of 27,359, closing at 27,281, up 425 points or nearly 1.6%, with a turnover of HKD151.62 billion, despite a temporary halt in southbound funds due to China's National Day holiday.
Semi-IPO Highlights: Two of the three semi-IPOs debuted on September 30 showed strong demand, with ZIJIN GOLD INTL rising 13.6% to HKD137, significantly above its listing price, and HIPINE soaring 64.8% to HKD174.7, while PATEO experienced a slight decline but remained 48% above its listing price.
Analyst Views on 02259
Wall Street analysts forecast 02259 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02259 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 165.400
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Current: 165.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
