Media365
The Hang Seng Index rose 0.9 per cent to 25,274.40 as of 9.40am local time. The Hang Seng Tech Index gained 1.4 per cent.
On the mainland, the CSI 300 Index climbed 0.9 per cent and the Shanghai Composite Index added 0.7 per cent.
Bottled water maker Nongfu Spring rallied 8 per cent to HK$45.78 and electric vehicle maker Li Auto gained 4.5 per cent to HK$70.95. Laopu Gold advanced 5.9 per cent to HK$689.50 and Zijin Mining Group added 4.2 per cent to HK$36.36. Alibaba Group Holding rose 1.1 per cent to HK$124.50.
Hesai Group, the world’s largest supplier of lidar sensors, slumped 9.4 per cent to HK$161.50 after Deutsche Bank lowered the forecast for its 2026 profit by 40 per cent, citing higher-than-expected expenditure on research and development.
US President Donald Trump signalled good faith in negotiations, saying Iran had offered a “present” related to Strait of Hormuz flows. The US and regional mediators were discussing the possibility of holding high-level peace talks as soon as Thursday, pending a response from Tehran, American news outlet Axios reported.
