Hang Seng Jumps 2.2% on China Trade Beat, Oil Retreat Boosts Risk Appetite
Hong Kong’s Hang Seng Index climbed 551 points, or 2.2%, to close at 25,960 on Tuesday, snapping back from a 1.4% decline in the prior session as gains broadened across sectors. Market sentiment improved as U.S. equity futures traded higher after President Donald Trump said the Middle East conflict could be resolved soon, while oil prices eased from recent highs, helping to relieve inflation and cost pressures tied to energy.
Risk appetite was further supported by China’s latest trade data, which showed both exports and imports expanding strongly in the first two months of 2026, with the trade surplus coming in above market expectations. Still, upside was tempered by concerns that Beijing may feel less urgency to deliver major fiscal or monetary stimulus in the near term, following signals from the annual parliamentary meeting.
Technology, financial and consumer stocks each rose more than 2%, alongside a solid advance in property shares. Major movers included Tencent Holdings (+6.9%), SMIC (+4.9%), AIA Group (+4.0%), Lenovo Group (+3.3%) and XPeng (+3.0%).
Source : Newsmaker.id
