Hong Kong Shares Advance Slightly

2026-05-21 02:02 By Nicole Aliyah 1 min. read

The Hang Seng Index rose 127 points, or 0.5%, to 25,780 on Thursday, recovering losses from the previous session as benchmark tracked gains after Wall Street advanced, with investors encouraged by easing geopolitical concerns following progress in US-Iran negotiations, which helped improve risk sentiment and supported a pullback in oil prices.

On the domestic front, sentiment was also lifted by strength in global equities, as optimism over artificial intelligence demand continued to underpin technology shares, even as volatility in NVIDIA weighed on parts of the chip sector after a lukewarm reaction to its sales forecast.

Electronic technology shares surged about 12.2%, led by Semiconductor Manufacturing International Corporation, which gained around 4.5%.

Other notable movers included Tencent Holdings (0.1%), AIA Group (1.3%), Meituan (2.8%), Lenovo Group (1.4%), and XPeng Inc. (4.1%).



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