Hong Kong Stocks Rise for 2nd Session

The Hang Seng Index rose 0.9% to around 25,284 in Wednesday trading, marking a second straight session of gains, supported by easing oil prices and a pause in immediate geopolitical escalation that helped stabilize risk sentiment. Investors reassessed earlier concerns over a potential energy shock, after surging crude prices and rising global bond yields had triggered heavy foreign outflows from Asian equities and pressured valuations across the region. Despite the uptick, investors remained cautious, with lingering concerns over liquidity, growth momentum, and the risk of renewed oil spikes likely to keep markets volatile in the near term. All stock sectors traded in the green, except for energy minerals and communications. Top performers included Hansoh Pharmaceutical (+3.50%), Tencent Holdings (+0.97%), and AIA Group (+1.65%). In contrast, Shenzhen International Holdings (-0.22%) and Xiaomi Corporation (-1.96%) declined.

The Hang Seng surged 681 points, or 2.8%, to end at 25,064 on Tuesday, halting a three-day losing streak with broad sector gains as bargain hunters entered after local markets hit their lowest since early August. Sentiment also improved after U.S. President Trump cited “productive” talks with Iranian officials, despite Tehran denying negotiations. Meantime, mainland stocks rebounded on reports that China would halve planned fuel price hikes to ease the burden on drivers. Further, PBoC Governor Pan Gongsheng pledged to maintain a supportive policy to foster stable growth and financial market stability. However, caution emerged ahead of Hong Kong’s February trade data following December’s swing to a deficit. Alibaba Hong Kong jumped 3.3% after unveiling a next-gen chip for agentic AI. Meantime, China Resources Beer jumped 8.2% on stronger sales, while Li Ning gained .44% on upbeat guidance. Cathay Pacific added 1.7% after extending flight cancellations to Dubai and Riyadh through May.

Hong Kong’s stocks climbed 305 points, or 1.3%, to 24,686 in Tuesday morning trade, snapping a three-day losing streak as bargain hunters stepped in after the market hit a near eight-month low. The rebound tracked gains across Asia after U.S. President Donald Trump postponed strikes on Iran’s power grid, easing fears of a deeper energy shock. Sentiment also improved after China's Premier Li pledged to boost imports of high-quality foreign goods and promote balanced trade, while PBoC Governor Pan Gongsheng sought to calm concerns over China’s trade surplus. However, caution lingered ahead of February trade data in Hong Kong, following December’s swing to a deficit. Financials and property stocks led the upturn, with Laopu Gold surging nearly 10% on stronger-than-expected Q1 results. Zijin Gold Intl. added 2% on higher sales and prices, while China Hongqiao jumped 4.2% on aluminum optimism. Other top movers were China Resources Beer (5.2%), Pop Mart Intl. (4.3%), and SITC Intl. (3.6%).