The Zhitong Finance App learned that on Monday, the Nasdaq China Golden Dragon Index rose. As of press release, the increase had expanded to 2.4%. Popular Chinese securities generally rose, Tencent Music (TME.US) rose nearly 6%, NetEase (NTES.US) rose nearly 4%, Pinduoduo (PDD.US) rose more than 3%, Alibaba (BABA.US) and JD.US (JD.US) rose more than 2%, and Baidu (BIDU.US) rose more than 1%. The military confrontation between the US and Iran has been suspended, and the cooling risk in the Middle East caused oil prices to plummet by more than 6% at one point. The easing of the geographical situation boosted confidence, the overall risk appetite of the market clearly rebounded, and financial sentiment picked up. Today, the three major indices of Hong Kong stocks strengthened collectively. The Hang Seng Index closed up 0.98%, and the Hang Seng Technology Index rose 1.57%.

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