Hang Seng Index Trend | Continues to Rise Over 300 Points in Early Afternoon Session, Fluctuating Around 24700 Level

SighingCashier · 2026-03-24T07:30:29+00:00

The Middle East situation has eased slightly, US stocks rebounded, Asia-Pacific markets rose broadly, and Hong Kong stocks stopped falling and stabilized. The Hang Seng Index opened higher but declined at one point, then recovered as A-shares rose, closing at midday at 24,829 points, up 447 points. Performance stocks showed strong performance, with WuXi AppTec and Lai Sun Gold stocks rising, tech stocks generally recovered, and HSBC and AIA also gained.

SighingCashier

2026-03-24 07:30:29

Abstract generation in progress

Middle East tensions slightly ease, and U.S. stocks rebounded sharply overnight. Asia-Pacific stock markets generally performed well today, with A-shares fluctuating and rebounding. Hong Kong stocks halted a three-day decline of 1,642 points and stabilized. In early afternoon, the market maintained a gain of over 300 points.

The Hang Seng Index opened 377 points higher at 24,759, but quickly faced selling pressure, with gains narrowing to 173 points, reaching a low of 24,555. Following the upward momentum from A-shares, the market’s gains expanded again, with the early session peaking at a 455-point increase, reaching 24,837. The Hang Seng closed at 24,829, up 447 points. In early afternoon, it maintained a gain of over 300 points, staying above 24,700. As of 1:33 p.m., the Hang Seng was at 24,709, up 326 points or 1.34%.

The China Enterprises Index rose 75 points or 0.91%, to 8,383; the Tech Index increased 21 points or 0.46%, to 4,734.

Earnings stocks remain a market focus. WuXi AppTec (02359) reported more than doubling its profit last year, rising 7.4% to 110.3 HKD; the heavily sold Golden Eagle (06181) saw profit surge 2.3 times last year, with dividends up nearly 90%, up 10.7% to 618.5 HKD; Tingyi (00322) earned 21% more last year, with total dividends of 79.84 cents including special dividends, and its stock performed well, up 6.2% to 12.77 HKD, making it one of the best-performing blue chips.

Tech stocks generally rebounded. Tencent (00700) rose 1.2% to 504.5 HKD; Kuaishou (01024) up 0.2% to 51.8 HKD; JD.com (09618) up 0.2% to 105.3 HKD; Xiaomi (01810) up 0.6% to 32.24 HKD.

HSBC (00005) increased 2.1% to 121.4 HKD; China Mobile (00941) up 0.3% to 78.1 HKD; AIA (01299) rebounded 5.4% to 83.65 HKD.

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