Hong Kong Shares Poised to Open Higher After Hang Seng Climbs to 26,160
Hong Kong shares are set to open to the upside on May 22 after the Hang Seng Index posted consecutive gains and closed at 26,160.15. The index had slipped to 26,241.83 on May 19 amid tech weakness and mixed global sentiment, then rebounded 122.67 points to 25,797.85 on May 20 despite Middle East tensions and rising U.S. yields. Fresh support from financials, technology stocks, and stronger U.S. markets—where the Dow and S&P 500 hit record closes—has lifted the Hang Seng more than 380 points over recent sessions, improving near-term sentiment.