Hong Kong Stocks Climbs on Tech Rally
2026-05-19 02:20
By
Nicole Aliyah
1 min. read
The Hang Seng Index edged higher 123 points, or 0.5%, to close at 25,798 on Tuesday, rebounding from the previous session as lower oil prices and easing fears of supply disruptions in the Middle East supported risk appetite.
Sentiment improved after President Donald Trump said he had called off a planned strike on Iran, although he warned that military forces remain on standby if no agreement is reached.
In Hong Kong, tech stocks advanced broadly, with the technology services sector leading gains, rising 10.5%, while financial shares also advanced.
Among notable gainers were Tencent Holdings (2.1%), Meituan Class (0.7%), AIA Group (0.8%), Xiaomi Corporation (0.7%), and PICC Property and Casualty Corporation (0.5%).
In contrast, Semiconductor Manufacturing International Corporation and Li Auto declined 2.8% and 3.5%, respectively.