On Tuesday, the stock markets in China and Hong Kong closed higher, led by gains in the technology sector. Market participants indicated that the improvement in domestic economic expectations, coupled with easing tensions in the Middle East, boosted investors' risk appetite.
The Shanghai Composite Index closed up 0.7%, at 4,123.14 points; the CSI 300 Index rose 1.3%. The technology growth sector showed stronger performance, with the ChiNext Index rising 3% and the STAR50 Index increasing by 2.2%.
In the Hong Kong market, the Hang Seng Index rose 2.2%, closing at 25,959.9 points; the Hang Seng Tech Index increased by 2.4%.
In terms of sectors, stocks related to 5G communication led the gains. The CSI 5G Communication Theme Index rose 4.8%.
Market analysts noted signs of easing tensions in the Middle East, while expectations for China's economic fundamentals are improving. Combined with the recent strengthening of the renminbi, this has increased the attractiveness of Chinese assets for overseas funds.
Additionally, China's foreign trade data for the first two months of 2026 showed strong performance. Analysts pointed out that resilient external demand supports Chinese exports, though full-year trends still need to consider geopolitical risks.
