Hong Kong Stocks Recover as Energy Gains Offset AI Worries
The Hang Seng Index edged up 0.5%, or 123 points, to around 23,217 on Monday, supported by strength in energy stocks and selected consumer-facing companies following last week's sharp sell-off. Petroleum shares led the recovery, with PetroChina rising 4.1%, Sinopec gaining 3.7% and CNOOC advancing 2.1% in morning tradi