Hang Seng Index surges by 505 points, major banks call for tech stocks to rally. End of war hopes boost market sentiment, but short-term volatility may continue.

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April 2, 2026

Hang Seng Index surges 505 points. Big banks call for betting on tech stocks.
End-of-war optimism lifts sentiment, but near-term volatility is not yet over

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Good news came from the first trading day of the second quarter across global stock markets. In a rare move, both the U.S. and Iran simultaneously issued signals indicating a willingness to end the war, triggering a broad rally in stock markets worldwide. The Hang Seng Index jumped to recapture the 250-day bull-bear line (25135 points) and the 25,000 level. Analysts expect global stock markets to remain volatile, but Mainland China and Hong Kong markets show relatively more resilience within the Asia region. Investors can take this opportunity to position for constituents of the Hang Seng Tech Index.
After the Hang Seng Index opened up 569 points with global peers, the gain in the early part of the session narrowed for a time …

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