Hong Kong stocks extended gains, with the Hang Seng Index closing up 1.96% and the Hang Seng Tech Index rising 2.84%. Turnover widened to HK$312.2 billion. Autos and internet/tech names led the rally—Li Auto (02015.HK) climbed nearly 10%, Leapmotor (09863.HK) jumped 9.5%, Xiaomi (01810.HK) rose about 9% and MiniMax (00100.HK) gained roughly 8%—while Laopu Gold (06181.HK) fell about 5% and SMIC (00981.HK) slipped 2.7%. The advance was supported by rebounds in Japan, South Korea and mainland marke

2026-07-29

Hong Kong stocks extended gains, with the Hang Seng Index closing up 1.96% and the Hang Seng Tech Index rising 2.84%. Turnover widened to HK$312.2 billion. Autos and internet/tech names led the rally—Li Auto (02015.HK) climbed nearly 10%, Leapmotor (09863.HK) jumped 9.5%, Xiaomi (01810.HK) rose about 9% and MiniMax (00100.HK) gained roughly 8%—while Laopu Gold (06181.HK) fell about 5% and SMIC (00981.HK) slipped 2.7%. The advance was supported by rebounds in Japan, South Korea and mainland markets; new-consumer and tourism names outperformed, while memory/storage, recent AI listings and PCB stocks extended declines and biotech/brain‑computer interface names pulled back.