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2026.04.1602:03:23UTC+00Hang Seng Extends Rally to Third Session

The Hang Seng Index advanced 230 points, or 0.9%, to 26,160 on Thursday, marking a third straight session of gains and mirroring the overnight rally on Wall Street. Risk appetite improved as investors grew more optimistic about the prospect of US–Iran ceasefire talks, while easing oil prices— with crude trading below the $100-per-barrel threshold— helped temper inflation concerns and lent support to regional equities.

Even so, markets remained highly sensitive to developments in the Strait of Hormuz, with any renewed disruption to key energy shipping lanes seen as a potential drag on sentiment and a source of fresh volatility.

In Hong Kong, gains were broad-based, led by technology, financial, and consumer names that benefited from the brighter outlook and stronger global cues. Sentiment was further bolstered by targeted buying in key index heavyweights, with Tencent Holdings (+1.5%), AIA Group (+1.5%), Meituan (+0.6%), Kuaishou Technology (+1.2%), and Pop Mart International (+1.5%) among the standout performers.

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