Helen72

Hong Kong stock market 📈, short covering in the tech sector. After a deep correction earlier, the Hang Seng Tech Index and leading internet stocks have recently seen a significant bottoming-out rebound of over 15%, with market sentiment gradually warming up.

Crude oil surged by 4%~5% in a single day within a short period, directly driving up the energy input costs for aviation fuel, marine fuel, and industrial power generation. Before these costs can be fully passed on to consumers, the short-term profit margins of related companies will be directly eroded, leading to volatile weakness in the stock prices of this sector during the oil price surge.