The US and Iran plan to ceasefire for 1 month, precious metals collectively rebound, gold price reaches 4,500 USD, oil price plummets over 6%, Hong Kong stocks open up 216 points | Hong Kong stock market opening

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2026.03.25 01:30
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The US and Iran plan to ceasefire for 1 month, with Trump's son-in-law Jared Kushner responsible for mediation. Following the news, oil prices plummeted, with Brent crude and New York crude falling by 6.6% and 5.6% respectively. Hong Kong stocks opened up 216 points, with the Hang Seng Index at 25,280 points. Several earnings reports attracted attention: Xiaomi Group's net profit fell by 23.7% in the fourth quarter of last year, WuXi Biologics earned 46.3% more, Haidilao's net profit dropped by 14%, and Nongfu Spring's net profit increased by 30.9%. Southbound funds net sold HK stocks worth HKD 27.361 billion, and US stocks were under pressure, with the Dow Jones down 84 points