Hang Seng gains 118 points as oil stocks lead rebound
Published on 10/26/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOil and earnings shape trading
- Hang Seng closed at 23,211.81 points on October 26, up 118.44 points or 0.5 percent.
- Oil stocks led the rebound, with PetroChina gaining 5.8 percent.
- PetroChina was the top blue-chip gainer at 5.8 percent, while Zijin Mining fell 5.8 percent.
- Hang Seng reopens October 27 at 9:30 a.m. HKT as HSBC earnings are due during the session.
The Hang Seng closed at 23,211.81 points on October 26, gaining 118.44 points or 0.5 percent. Oil, property and healthcare shares offset weakness in technology stocks, China Labour Bulletin Board reports.
PetroChina rose 5.8 percent after higher oil prices supported energy shares. AI hardware and semiconductor stocks fell, while HSBC earnings are scheduled for October 27, Futunn reports.
Why did the Hang Seng rise on Monday?
The index recovered after falling more than 80 points early in the session. It gained as much as 166 points in afternoon trading before paring the advance, according to China Labour Bulletin Board.
Oil stocks led as Middle East tensions kept supply concerns in focus. Property shares also gained, while the technology index fell 0.4 percent. Healthcare and consumer shares helped the recovery, Il Sole 24 Ore reports.
Winners and losers in the Hang Seng market
Blue-chip winners and losers at the October 26 close were detailed by Zhitong Finance:
- PetroChina up 5.8 percent: higher oil prices and stronger first-half profit supported the shares.
- Sinopec up 4.0 percent: oil stocks led the market rebound.
- Zijin Mining down 5.8 percent: gold and non-ferrous metal shares weakened.
- Hua Hong Grace down 4.7 percent: semiconductor shares remained under pressure.
Hang Seng closes near its afternoon high
The Hang Seng reached an intraday high of 23,259.13 points before closing below that level. Main-board turnover reached HKD 175.758 billion, while the Hang Seng Tech Index fell 0.4 percent, Zhitong Finance reports.
What comes next for the Hang Seng
The Hang Seng resumes trading on October 27 at 9:30 a.m. HKT. HSBC Holdings, Hengrui Pharma, Shandong Molong and Guanghe Technology are due to release earnings during the day, Futunn reports.
Hang Seng price data for October 26, 2026
The Hang Seng closed at 23,211.81 points on October 26, 2026, according to Xinhua via NAMPA. It gained 118.44 points or 0.5 percent versus the previous close of 23,093.37 points. The session high was 23,259.13 points.
Hang Seng by the numbers on October 26, 2026
- Index: Hang Seng
- Home exchange: Hong Kong Stock Exchange, Hong Kong
- Close on October 26, 2026: 23,211.81 points
- Change versus previous close of October 23, 2026: up 118.44 points (up 0.5 percent)
- Previous close: 23,093.37 points
- Top gainer: PetroChina up 5.8 percent
- Top loser: Zijin Mining down 5.8 percent
- Next scheduled event: October 27, 2026, 9:30 a.m. HKT: Hang Seng opens as HSBC earnings are due during the session
