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The Hang Seng Index has rebounded to 24,765, with bulls aiming to surpass the 26,350 resistance level to confirm a sustained recovery. During the 2026 US-Iran conflict, the index and CSI 300 outperformed peers like the KOSPI and Nikkei 225, which faced steeper declines amid oil-driven stagflation concerns. Policy interventions, including liquidity injections and fiscal stimulus, have cushioned market volatility in Hong Kong and mainland China. Technical analysis suggests a breakout above 26,350 could trigger a rally toward 28,000, while a failure to hold 24,765 may retest 23,000 levels. This development is critical for traders monitoring Asia-Pacific equities, as it reflects investor confidence in regional markets amid geopolitical risks. For MENA investors, the Hang Seng’s performance offers insights into global risk appetite, which could indirectly influence Gulf equity flows and commodity-linked assets.