H Hong Kong equities rose at the close of trading on Tuesday, propelled by strong gains in major financial stocks. HSBC (0005) and Standard Chartered (2888) each climbed around 4‑5%, while Z.AI (2513) jumped 11%.
The Hang Seng Index finished up 108 points, or 0.44%, at 24,557, with total turnover reaching HK$178 billion.
Financial sector performers included HSBC (+4.37%), Standard Chartered (+5.1%), BOC Hong Kong (+1.38%), AIA (+1.0%) and Hong Kong Exchanges and Clearing (+0.52%).
Technology stocks were mostly higher even though giants Alibaba (9988) and Tencent (0700) slipped 2.87% and 0.14%, respectively. Lenovo (0992) and Pop Mart (9992) each rose around 2.5%, CATL (3750) added 2.22%, and Xiaomi (1810) gained 1.66%.
On the tech‑focused index, Shanghai Tianshu Zhixin Semiconductor led with a 15.5% rise. Z.AI (+11.11%) and Minimax (0100) also posted double‑digit gains, up 10.11%.
Chipmakers rebounded, with Hua Hong Grace Semiconductor (1347) up 3.76% and Semiconductor Manufacturing International Corporation (0981) gaining 2.61%.
Softer oil‑major performance followed easing geopolitical tensions between the US and Iran in the Strait of Hormuz. PetroChina (0857) fell 3.45%, CNOOC (0883) slipped 2.57% and China Petroleum & Chemical (0386) declined 1.5%.
In mainland China, the Shanghai Composite Index rose 2.93 points, or 0.08%, to 3,663, while the Shenzhen Composite Index climbed 0.86% to 11,241.
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