Market Updates

Tech Stocks Powered Rally In China Extended Broader Advance to Second Consecutive Day

Li Chen
17 Mar, 2026
Hong Kong

    Stocks in China and Hong Kong advanced, tracking gains in overnight trading on Wall Street.

    The Hang Seng Index added more than 1%, and the mainland-focused CSI 300 Index inched higher by 0.4%.

    Stock market sentiment recovered in China and Asia amid easing worries over geopolitical conflict and inflation. 

    However, tensions remained high, as Israeli military and politicians consider possibilities of using nuclear warheads against Iran to counter successful drone strikes.

    The Israeli war on Iran, supported by the U.S., has already expanded to at least fifteen neighboring nations, including leading energy suppliers Qatar, Kuwait, Saudi Arabia, and Bahrain. 

    The U.S. president said on Monday that the scheduled meeting with China's leader Xi Jinping for March 31 to April 2 may be delayed, as Trump's war on Iran extends to the third week.

     

    China Indexes and Stocks 

    The Hang Seng Index added 1.1% to 26,108.90, and the mainland-focused CSI 300 Index inched up 0.4% to 4,690.94. 

    Tech stocks led gainers for the second session in a row, as bargain hunters returned. 

    Alibaba Group, Meituan, Baidu, Tencent Holdings, and Xiaomi gained between 0.4% and 1.2%. 

    Bright Smart Securities & Commodities Group soared 65% to HK $15.29 after the company said Ant Group-led takeover received regulatory approvals, clearing major hurdles for the deal to complete by March 30.

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