The Hong Kong stock market bounced higher again on Monday, one session after ending the three-day winning streak in which it had added more than 110 points or 0.4 percent. The Hang Seng Index now sits just above the 27,025-point plateau and it's got a positive lead for Tuesday's trade. The global forecast for the Asian markets is cautiously optimistic amidst an extended rebound among technology companies and ahead of key U.S. data later this week. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.
The Hang Seng finished sharply higher on Monday following gains from the financial shares, property stocks and technology companies. For the day, the index rallied 467.21 points or 1.76 percent to finish at 27,027.16 after trading between 26,879.10 and 27,111.54. Among the actives, Alibaba Group expanded 1.87 percent, while Alibaba Health Info spiked 2.79 percent, ANTA Sports rallied 2.54 percent, China Life Insurance surged 3.98 percent, China Mengniu Dairy tumbled 1.13 percent, China Resources Land increased 1.20 percent, CITIC vaulted 2.26 percent, CNOOC eased 0.08 percent, CSPC Pharmaceutical improved 1.24 percent, Galaxy Entertainment soared 2.91 percent, Haier Smart Home was up 0.07 percent, Hang Lung Properties jumped 2.53 percent, Henderson Land strengthened 2.50 percent, Hong Kong & China Gas rose 0.79 percent, Industrial and Commercial Bank of China collected 0.46 percent, JD.com added 0.94 percent, Lenovo slumped 0.65 percent, Li Auto gathered 0.35 percent, Li Ning advanced 1.31 percent, Meituan sank 0.38 percent, New World Development skyrocketed 8.04 percent, Nongfu Spring accelerated 2.77 percent, Techtronic Industries gained 0.89 percent, Xiaomi Corporation perked 0.06 percent and WuXi Biologics climbed 1.49 percent.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.