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16.03.202608:22:08UTC+00Hang Seng Snaps Losing Streak on Strong China Data

The Hang Seng Index climbed 368 points, or 1.45%, to close at 25,834 on Monday, breaking a three-session losing streak amid broad-based sector gains. Risk appetite improved after China’s combined January–February 2026 activity data beat expectations, with industrial production, retail sales, and fixed-asset investment all coming in stronger than forecast. U.S. equity futures also traded markedly higher ahead of this week’s Federal Reserve policy meeting.

Upside in Hong Kong was limited, however, by a third straight decline in mainland Chinese shares, as investors weighed speculation that a planned meeting between Donald Trump and Xi Jinping could be postponed while Washington presses Beijing to help reopen the Strait of Hormuz. In addition, China’s statistics bureau warned that external headwinds, geopolitical risks, and domestic structural challenges remain significant.

Notable gainers included Knowledge Atlas (up 14.0%), Mixue Group (6.4%), Akeso Inc. (6.0%), Xiaomi Corp. (5.3%), Orient Overseas (4.2%), and Meituan (3.0%).

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