---
title: "Iran Situation | US-Iran Ceasefire, Hong Kong stocks rise 684 points, airline stocks soar, Cathay Pacific up 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281965847.md"
description: "The US and Iran agreed to a two-week ceasefire, easing investor tensions, which led to oil prices falling below $100, and the Asia-Pacific stock markets generally rose. The Hong Kong stock market rose 684 points to 25,801 points, with airline stocks performing strongly, as Cathay Pacific rose 3.2%. US stock futures rose across the board, while South Korean and Japanese stocks increased by 5.2% and 4.8%, respectively. Oil stocks fell against the trend, with CNOOC down 3.3%"
datetime: "2026-04-08T03:20:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281965847.md)
  - [en](https://longbridge.com/en/news/281965847.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281965847.md)
---

# Iran Situation | US-Iran Ceasefire, Hong Kong stocks rise 684 points, airline stocks soar, Cathay Pacific up 3%

The United States and Iran have agreed to a two-week ceasefire. The news has helped ease investor tension, causing New York crude oil and Brent crude oil to both fall below the $100 mark, while futures for all three major U.S. stock indices rose. The Asia-Pacific stock markets generally rose today (the 8th).

Hong Kong stocks maintained an increase of over 600 points, with the latest report at 25,801 points, up 684 points.

Airline stocks soared, with China Eastern Airlines (0670) up 8.1%, Air China (0753) up 5.4%, China Southern Airlines (0670) up 5.4%, and Cathay Pacific (0293) up 3.2%.

The increase in Hong Kong stocks expanded to 700 points, with the latest report at 25,817 points.

However, oil stocks fell against the trend, with CNOOC (0883) hitting a low of 25.6 HKD, a one-month low, and the latest report at 26.12 HKD, down 3.3%.

The Hang Seng Index latest report is at 25,772 points, opening up 656 points, the National Index latest report is at 8,598 points, opening up 141 points, and the Tech Index latest report is at 4,817 points, opening up 137 points.

With the U.S. and Iran agreeing to a temporary ceasefire, oil prices have plummeted, and oil stocks generally fell, with CNOOC (0883) opening down 5.3%.

In the oil equipment sector, Shandong Molong (0568) opened down 14.9%.

In the airline sector, Cathay Pacific (0293) opened up 5.4%, reporting 12.03 HKD.

In the technology sector, Alibaba (9988) opened up 2.9%, Meituan (3690) opened up 2.9%, and Tencent (0700) opened up 3.1%.

In the financial sector, HSBC (0005) opened up 6.2%, and Hong Kong Exchanges and Clearing (0388) opened up 3.4%.

During today's (the 8th) Asian trading session, futures for all three major U.S. stock indices rose, with Dow futures up 902 points, reporting 47,714 points, S&P futures up 146 points, reporting 6,803 points, and Nasdaq futures up 715 points, reporting 25,086 points.

In the Asia-Pacific stock markets, South Korea's stock market rose 5.2%, reporting 5,782 points; Japan's stock market rose 4.8%, reporting 55,991 points.

The Singapore H50 index futures, commonly known as "black futures," rose 459 points, reporting 25,675 points

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