Hang Seng Closes at 26,389.04 as Additional Upside Expected

Hong Kong's Hang Seng hovered just below 26,390 at 26,389.04 on May 15, logging modest 40-point gains (~0.2%) over two sessions with financials and properties countering tech softness. This caps a volatile period after May 14's sharp 468.59-point (2.23%) plunge to 20,538.38, ending a prior three-day rally of nearly 700 points amid profit-taking. Strong Wall Street records—Nasdaq at 26,635.22, S&P 500 at 7,501.24—plus US tech and chip news, European positivity, and WTI at $101.31 fuel expectations for a tech-led higher open. Q1 GDP data (prior q/q +2.9%, y/y +5.9%) is next in focus.