Hong Kong stock market: Hang Seng index recovers from intraday losses, extends gains for 3rd day - what gave it a boost?
The Hang Seng Index gained 0.3% on Tuesday, recovering from intraday losses and marking its third consecutive day of gains. This recovery occurred despite a 0.8% decline in the Hang Seng Tech Index, as investor concerns about AI valuations and competition from Chinese chipmakers weighed on market sentiment. Continued volatility in technology stocks suggests ongoing investor caution.