---
title: "Hong Kong Stocks Rise on Ceasefire Hopes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287997823.md"
description: "The Hang Seng Index rose 137 points (0.5%) to 25,140, driven by improved risk sentiment following a US-Iran ceasefire extension. Broad-based gains were seen in finance, manufacturing, and tech sectors, with Lenovo surging 19.4%. Other notable movers included Tencent (0.4%), AIA Group (2.3%), and Meituan (0.6%), while Semiconductor Manufacturing and Xiaomi fell 1.7% and 2.4%, respectively."
datetime: "2026-05-29T02:04:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287997823.md)
  - [en](https://longbridge.com/en/news/287997823.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287997823.md)
---

# Hong Kong Stocks Rise on Ceasefire Hopes

The Hang Seng Index rose 137 points, or 0.5%, to 25,140 on Friday, recovering losses from the previous session as improved risk sentiment followed a tentative agreement between the US and Iran to extend their ceasefire by 60 days, easing concerns over potential supply disruptions in the Middle East. Improved sentiment boosted risk appetite, while oil prices edged lower on expectations that shipments through the Strait of Hormuz could resume more smoothly.

In the region, gains were broad-based, led by finance, producer manufacturing, and technology shares with Lenovo jumping 19.4% as optimism surrounding AI-driven demand and strong earnings momentum continued to support the stock.

Among other notable movers were Tencent Holdings (0.4%), AIA Group (2.3%), Pop Mart International (5.8%), Meituan Class (0.6%), and Innovent Biologics (6.1%).

Meanwhile, Semiconductor Manufacturing International Corporation and Xiaomi fell 1.7% and 2.4%, respectively.

### Related Stocks

- [03690.HK](https://longbridge.com/en/quote/03690.HK.md)
- [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md)
- [AAGIY.US](https://longbridge.com/en/quote/AAGIY.US.md)
- [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md)
- [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md)
- [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md)
- [02828.HK](https://longbridge.com/en/quote/02828.HK.md)
- [03115.HK](https://longbridge.com/en/quote/03115.HK.md)
- [07300.HK](https://longbridge.com/en/quote/07300.HK.md)
- [07500.HK](https://longbridge.com/en/quote/07500.HK.md)
- [07200.HK](https://longbridge.com/en/quote/07200.HK.md)
- [00992.HK](https://longbridge.com/en/quote/00992.HK.md)
- [00700.HK](https://longbridge.com/en/quote/00700.HK.md)
- [01299.HK](https://longbridge.com/en/quote/01299.HK.md)
- [09992.HK](https://longbridge.com/en/quote/09992.HK.md)
- [01801.HK](https://longbridge.com/en/quote/01801.HK.md)
- [00981.HK](https://longbridge.com/en/quote/00981.HK.md)
- [688981.CN](https://longbridge.com/en/quote/688981.CN.md)
- [01810.HK](https://longbridge.com/en/quote/01810.HK.md)
- [80992.HK](https://longbridge.com/en/quote/80992.HK.md)
- [80700.HK](https://longbridge.com/en/quote/80700.HK.md)
- [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md)
- [81299.HK](https://longbridge.com/en/quote/81299.HK.md)
- [HPPD.SG](https://longbridge.com/en/quote/HPPD.SG.md)
- [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md)
- [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md)
- [81810.HK](https://longbridge.com/en/quote/81810.HK.md)
- [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md)

## Related News & Research

- [Hong Kong stocks face pressure after Beijing tightens capital controls](https://longbridge.com/en/news/287558412.md)
- [Resilient Demand Drives Hong Kong Exports Amid Headwinds](https://longbridge.com/en/news/287910413.md)
- [China's Meituan Opens Errand Ordering System to Multiple AI Assistants](https://longbridge.com/en/news/287715884.md)
- [Small biotech firms quicker to 'latch onto' AI than big ones, says Tencent Healthcare President](https://longbridge.com/en/news/287909875.md)
- [Chinese Robotics Startup Tianji Bags USD147.4 Million From GL Ventures, Meituan](https://longbridge.com/en/news/287528425.md)