Hong Kong's Hang Seng closed up 0.4% at 25,311 after a V-shaped session, bucking the regional chip rout as mainland banks and select tech heavyweights offset persistent energy weakness.
Hong Kong market temperature sits in neutral territory — shaped mainly by slightly elevated valuations (near the 69th historical percentile), while the share of advancing stocks is on the low side (around the 33rd historical percentile). No single catalyst stood out today; the market is searching for a fresh direction.