Hong Kong shares rebound as Trump says Iran conflict could end soon

Hong Kong stocks rebounded in the early trading on Tuesday, after US President Donald Trump said the Middle East conflict could end soon.

The benchmark Hang Seng Index rose 331 points, or 1.31 percent, to 25,740.

The tech gauge advanced 2 percent to 5,040.

Zhipu (2513) surged 12.7 percent after it launched AutoClaw, which can deploy the artificial intelligence agent OpenClaw with a single click, while its rival MiniMax (0100) rose 4.9 percent.

CATL (3750) jumped 6 percent after posting a better-than-expected result.

As oil prices plunged to below US$90 (HK$703.6) per barrel, CNOOC (0883) and PetroChina (0857) fell 4.6 percent and 3.8 percent, respectively.