Group 1 - Hong Kong bank stocks rebounded after several days of decline, with Standard Chartered Group rising by 4.67% to HKD 176.9 and HSBC Holdings increasing by 3.08% to HKD 133.9 [1] - The easing of tensions in the US-Iran conflict has positively impacted market sentiment, with Trump stating that the war with Iran may soon be over, which has led to a significant drop in international oil prices, falling over 10% at one point [1] - JPMorgan noted that geopolitical uncertainties in the Middle East are short-term drivers for Hong Kong bank stock prices, highlighting that Standard Chartered has a higher exposure to the region, with UAE loans and revenue accounting for 2.5% and 5.6% respectively by 2025, while HSBC's figures are 2.3% and 3.8% [1]