Additional Support Expected For Hong Kong Shares

Hong Kong shares have climbed for three straight sessions, gaining nearly 1,050 points (about 4.2%), with the Hang Seng sitting just below the 26,040 level and expected to open higher. Tuesday’s strong breadth was led by financials and tech, sending the index up 640.14 points (2.52%) to 26,038.32. Optimism for a de-escalation in the Middle East and continued AI-related enthusiasm on Wall Street supported sentiment, though mixed political comments and a rebound in crude limited upside. Major US averages also closed at fresh highs, adding to the positive lead for Asian markets. Overall market tone is constructive for Hong Kong equities.