The Hang Seng Index rose by 3.1% on February 4, 2025, closing at 40,000 points, reflecting a 34% increase over the past year. The Hang Seng Tech Index also experienced gains, rising by 4.5%. Notably, the Hang Seng China Enterprises Index, which tracks Chinese stocks traded in Hong Kong, increased by as much as 4%. This performance outpaced the S&P 500 and Nasdaq, which saw increases of 21% and 24% respectively over the same period. In related developments, the financing balances on the Shanghai and Shenzhen stock exchanges rose, with the Shanghai balance increasing by 10.556 billion yuan to 917.393 billion yuan and the Shenzhen balance up by 9.242 billion yuan to 863.353 billion yuan, contributing to a total financing balance of 1.780746 trillion yuan, up 19.798 billion yuan from the previous trading day.