Hong Kong Shares Tipped To Open In The Green

Hong Kong's Hang Seng halted a four-day losing streak, rallying 323.43 points (1.79%) to finish at 18,403.04, and is tipped to open higher as Asian markets look to pare recent losses. Gains were broad-based, led by technology and financial stocks (Alibaba, JD.com, Meituan among actives). However, falling oil prices (WTI down about 3.6%) and mixed European and U.S. markets may limit upside ahead of key data later in the week. Overall the tone is cautiously bullish for Hong Kong equities after the sharp short-term rebound.