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HK stocks close more than 3pc higher after Iran deal

Xenia. W by Xenia. W
8 April 2026
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Hong Kong stocks soared more than three percent on Wednesday, in line with a rally across Asia and Europe, after the United States and Iran agreed to a two-week ceasefire that will see the crucial Strait of Hormuz reopened.

The Hang Seng Index finished 3.1 percent higher at 25,893 on hopes for peace in the Middle East after more than a month of war that has battered world markets.

Meanwhile, the Hang Seng China Enterprises Index gained 2.61 percent to finish at 8,677 points, while the Hang Seng Tech Index jumped 5.22 percent to end the day at 4,923.

The positive vibe was felt on the mainland as the Shanghai Composite added 2.5 percent to finish at 3,988. (Agencies)

Edited by Edmond Fong

Tags: BusinessFinance
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

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