Hang Seng Index Rises 219 Points, Driven by Strong Tech Stocks
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Volatility: The Hang Seng Index has alternated between gains and losses over the past four trading days, having advanced nearly 600 points during a four-day winning streak, currently resting just above the 25,850-point level, indicating cautious market sentiment.
- Sector Performance: On Tuesday, the index rose by 219.37 points or 0.86%, primarily driven by gains in financial, property, and technology stocks, suggesting a rebound in investor confidence in these sectors.
- Stock Movements: Among active stocks, Alibaba increased by 0.84%, while CNOOC surged by 3.97%, reflecting positive market expectations for these companies.
- External Influences: Despite a soft performance from U.S. markets, where major indices declined slightly, investors remain focused on the upcoming release of the Federal Reserve's monetary policy meeting minutes, reflecting a cautious approach towards future interest rate directions.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







