Jun 15, 2026, 11:56 GMT+7
By Summer Zhen
Reuters - China and Hong Kong stocks rose on Monday, as a tentative peace deal between the U.S. and Iran promised to open the Strait of Hormuz, easing concerns over soaring energy prices.
** China's blue-chip CSI300 Indexgained 1.5% by the lunch break, while the Shanghai Composite Indexclimbed 0.9%.
** Hong Kong benchmark Hang Sengwas up 0.5%.
** The market gain tracks a broader rally in Asian stocks, while the U.S. dollar slipped and oil prices tumbled.
** "Risk sentiment improved sharply on Monday following the weekend announcement of a U.S.-Iran peace agreement," Wee Khoon Chong, APAC Macro Strategist at BNY, said in a note. "The development is supporting equities and AI-led equity optimism remains intact."
** Chipmakers and AI models led the gains, while consumer and property stocks were among the biggest drags.
** Hong Kong's information technology sector (. HSIT ) jumped 6% by midday, with Hua Hong Grace Semiconductorand InnoScience Technologygaining 11% each.
** AI agent developer Knowledge Alts, known as Zhipu AI, surged 28% after the firm announced the full open access to its latest model.
** In mainland A-shares, 5G Communicationsand AI-related stocksoutperformed, up 5.5% and 4.6% respectively.
** The smaller Shenzhen indexwas up 2.3%, the start-up board ChiNext Composite indexwas higher by 3.66% and Shanghai's tech-focused

STAR

50 indexwas up 3.62%.
** Beyond AI-driven demand and strong exports, however, China's economy still faces challenges, analysts said.
** The country's new bank lending rose less than expected in May after contracting the previous month, as a prolonged property downturn continued to weigh on household borrowing.

Sumber : Reuters