US President Trump said, regarding Israel, the US is very close to reaching an agreement on Iran.

Iranian Foreign Ministry spokesperson Baghaei said on the 27th that Iran and Oman are holding talks on the Strait of Hormuz and the talks are unrelated to the United States.

After four straight weekly advances, Hong Kong stocks extended gains as the Hang Seng Index closed up 0.98%, trading as high as 25,276 after reclaiming the 25,000 level and the 100-day moving average. The Hang Seng Tech Index rose 1.57%. Market turnover was HK$210.5 billion. Sector winners included film and entertainment, travel, consumer electronics, new-consumer and PCB-related stocks; airlines and autos also rebounded. Lagging sectors included road transport, semiconductors and oil & gas, while optical communications and coal pulled back. Notable movers: MiniMax (00100.HK) +17%, Xiaomi Group (01810.HK) +7.3%, Laopu Gold (06181.HK) +5.5%; PetroChina (00857.HK) -3.5%, CSPC PHARMA (01093.HK) and China Resources Beer (00291.HK) both down >2.5%.