31.03.202602:11:46UTC+00Hong Kong Stocks Rises as China Resilience Supports Market

The Hang Seng Index rose 0.3% to around 24,817 on Tuesday, rebounding from the previous session as strength in technology and consumer shares supported the broader market. The advance came despite ongoing tensions in the Middle East, with investors engaging in bargain hunting following recent losses. Sentiment was also aided by the relative resilience of Chinese equities, which have outperformed global peers since the onset of the Iran conflict. Stable domestic conditions, easing deflationary pressures, and robust performance in the renewable energy sector further underpinned confidence, alongside more positive assessments from global banks. The rebound mirrored a modest recovery across regional markets, even as elevated crude oil prices and a stronger US dollar remained headwinds. Notable gainers included Zijin Mining (+3.5%), China Hongqiao (+3.7%), Akeso (+5.3%), Shenzhen Xunce Technology (+8.3%), and Geely Automobile (+0.8%).