Hong Kong shares closed higher: the Hang Seng Index rose 2.99% and the Hang Seng TECH Index gained 4.97%. Large-model AI-related and broader tech names led gains — Zhipu.AI (02513.HK) +13%; SenseTime Group (00020.HK), Alibaba Group (09988.HK) and MIN

2026-07-08

Hong Kong shares closed higher: the Hang Seng Index rose 2.99% and the Hang Seng TECH Index gained 4.97%. Large-model AI-related and broader tech names led gains — Zhipu.AI (02513.HK) +13%; SenseTime Group (00020.HK), Alibaba Group (09988.HK) and MINIMAX-W (00100.HK) around +12%; Xiaomi Group (01810.HK) +9.5%.