The Hang Seng Index advanced 81 points, or 0.3%, to close at 26,442 on Tuesday, extending its gains for a second consecutive session as risk sentiment improved amid signs of potential diplomatic progress in the Middle East. Optimism strengthened following reports that Iran may participate in talks with the United States ahead of a ceasefire deadline, easing some geopolitical concerns.
At the same time, a pullback in crude oil prices lent additional support to equities by tempering inflation fears and reducing cost pressures for companies. However, the overall upside remained limited as investors stayed cautious, closely monitoring the trajectory of negotiations and broader global risks. Persistent uncertainty over the sustainability of any ceasefire continued to restrain stronger gains, leaving markets highly sensitive to incoming headlines.
Among the notable gainers were Tencent Holdings (+0.1%), Shenzhou International (+1.0%), Meituan Class (+1.2%), Xiaomi Corporation (+0.3%), and Pop Mart International (+0.8%).
