The Hong Kong stock market saw a strong rebound, with major indices closing higher as investor sentiment improved. The Hang Seng Index (HSI) surged 2.18% to close at 20,657.36, driven by gains in technology and financial stocks.
The Hang Seng TECH Index led the charge, jumping 3.79% to 4,917.23, as investors showed confidence in China’s tech giants. The Hang Seng China Enterprises Index (HSCEI) rose 2.65% to 7,579.89, while the Hang Seng China 50 Index remained stable at 7,539.96 USD.
Despite the upward trajectory, some market participants remain cautious about geopolitical risks and global economic uncertainties, which could lead to a mixed response in the coming sessions.
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