<div id="readability-page-1" class="page"><div> (RTTNews) - The Hong Kong stock market has moved higher in consecutive trading days, advancing more than 320 points or 1.2 percent in that span. The Hang Seng Index now rests just beneath the 26,490-point plateau although it may spin its wheels on Wednesday. The global forecast for the Asian markets remains grim thanks to ongoing geopolitical concerns in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to follow that lead. The Hang Seng finished modestly higher on Tuesday following gains from the financial shares, property stocks and technology companies. For the day, the index improved 126.41 points or 0.48 percent to finish at 26,487.48 after trading between 26,342.02 and 26,529.49. Among the actives, AIA tumbled 0.84 percent, while Alibaba Group dropped 0.51 percent, Baidu rallied 1.47 percent, Bank of China gained 0.77 percent, BOC Hong Kong fell 0.13 percent, China Construction Bank added 0.90 percent, China Life Insurance shed 0.36 percent, China Merchants Bank and JD.com both collected 0.49 percent, China Mobile spiked 2.32 percent, China Petroleum &amp; Chemical expanded 1.32 percent, China Shenhua Energy surged 3.10 percent, CITIC skidded 0.62 percent, CNOOC elevated 1.06 percent, Hong Kong Exchange vaulted 1.36 percent, HSBC climbed 1.05 percent, Industrial and Commercial Bank of China and PetroChina both advanced 0.97 percent, Meituan jumped 1.53 percent, NetEase sank 0.49 percent, Nongfu Spring lost 0.29 percent, Ping An Insurance eased 0.08 percent, Semiconductor Manufacturing rose 0.50 percent, Sun Hung Kai Properties accelerated 2.06 percent, Tencent Holdings slumped 0.67 percent, Xiaomi Corporation perked 0.25 percent, WuXi AppTec plummeted 2.26 percent and Zijin Mining soared 2.91 percent. The lead from Wall Street is soft as the major averages opened higher on Tuesday but quickly turned lower and remained in the red for the remainder of the day, ending at session lows. The Dow dropped 293.18 points of 0.59 percent to finish at 49,149.38, while the NASDAQ sank 144.43 points or 0.59 percent to end at 24,259.96 and the S&amp;P 500 lost 45.13 points or 0.63 percent to close at 7,064.01. The weakness that emerged on Wall Street came as the price of crude oil has moved sharply higher over the course of the day. Crude oil prices continued to surge on Tuesday as the ongoing shutdown of the Strait of Hormuz kept supply disruption concerns alive. West Texas Intermediate crude for May delivery was up $3.99 or 4.45 percent at $93.60 per barrel. Earlier in the session, the markets benefitted from positive corporate earnings news from the likes of UnitedHealth (UNH) and homebuilder D.R. Horton (DHI), both of which handily beat expectations. Early buying interest was also generated in reaction to a Commerce Department report showing retail sales in the U.S. surged by more than expected in the month of March. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. </div></div>

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The Hong Kong stock market has seen a rise of over 320 points or 1.2% recently, with the Hang Seng Index closing at 26,487.48. Despite this, the outlook for Asian markets remains negative due to geopolitical tensions in the Middle East. Major stocks showed mixed results, with AIA and Alibaba declining, while Baidu and China Mobile saw gains. Wall Street's performance was weak, influenced by rising crude oil prices and disappointing market trends. Overall, the market may experience consolidation in the coming days.

nasdaq

Hang Seng Index

CHINA MOBILE

ISHARESHSI

BABA-W

Alibaba

BIDU-SW

Baidu

BANK OF CHINA

Bank Of China

BOC HONG KONG

CHINA LIFE

China Life

CM BANK

China Merchants Bank

JD-SW

JD.com

China Mobile

SINOPEC CORP

Sinopec Corp.

CHINA SHENHUA

CSEC/China Shenhua

CITIC

CNOOC

HKEX

HSBC HOLDINGS

HSBC

ICBC

PETROCHINA

MEITUAN

NTES-S

NetEase

NONGFU SPRING

PING AN

Ping An

SMIC

SHK PPT

TENCENT

XIAOMI-W

WUXI APPTEC

WuXi AppTec

ZIJIN MINING

Zijin Mining

Dow Jones Industrial Average

NASDAQ Composite Index

S&P 500

Unitedhealth

D.R. Horton

Nasdaq

AIA-R

AIA Group

BABA-WR

Alibaba HK SDR 5to1

BIDU-SWR

Bank of China

JD-SWR

CN Mobile HK SDR 5to1

CHINA MOBILE-R

CNOOC-R

HKEX-R

Hong Kong Exchanges and Clearing (HKEX)

HSBC 5xShortSG241213

HSBC Holdings Plc

PetroCN HK SDR 1to2

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

PING AN-R

Ping An Insurance

SMIC HK SDR 5to1

SHK PPT-R

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

Consolidation Expected For Hong Kong Shares