Hang Seng rose 0.72% to 25,853.69 at midday after an early gap higher that
briefly added more than 200 points and brought the index back above its 250-day
moving average; the Hang Seng Tech index briefly gave back gains before noon and
was up 0.37% at 4,876.20. Market turnover hit HK$140.8 billion. Livestock and
innovative-drug names led gains, with gold, coal and consumer sectors also
outperforming; storage, optical communications and
semiconductor/compute-hardware-related sectors lagged. Guotai Junan
International (01788.HK) resumed trading and jumped 36.3% after Guotai Haitong
(02611.HK) proposed a take‑private at about a 44.2% premium. Wuxi AppTec
(02359.HK) closed up 2.86% after an intraday record high of HK$204.20. Muyuan
Foods (02714.HK) rose 4.18%, Chifeng Gold (06693.HK) gained 3.09%; GigaDevice
(03986.HK) fell 6.17% and Hua Hong Semiconductor (01347.HK) dropped 3.05%.