Hong Kong share prices close higher on banking and tech rebounds
(Il Sole 24 Ore Radiocor) - Milano, 29 apr - Hong Kong share prices closed higher, rebounding as investors sought bargains after recent declines. Although a tech selloff on Wall Street and doubts over AI returns pressured regional markets, local buying in heavyweight stocks helped the index decouple from weaker neighboring exchanges.
Market participants remained alert to energy supply risks and to the evolution of peace talks in the Middle East.
Gains in the banking, technology, and consumer sectors led the advance.
The Hang Seng index rose 1.68% to close at 26,111.84 points.
(RADIOCOR) 29-04-26 10:46:03 (0288) 5 NNNN