Hong Kong’s stock market concluded October on a high note, propelled by a wave of impressive earnings reports from listed companies. The Hang Seng Index reached a new peak as investors reacted favorably to the strong financial performance of various corporations.

Positive sentiment was widespread, with gains observed across multiple sectors. Companies exceeding expectations in their earnings announcements fueled optimism and encouraged further investment. This surge reflects a growing confidence in the overall health and prospects of the Hong Kong economy.

Market analysts attribute the strong performance to a combination of factors, including robust global demand and effective cost management by local businesses. The positive momentum is expected to continue into the next trading sessions.