The Hang Seng Index rose 0.95%, driven by expectations of Beijing’s capital injection plan despite weak private sector data. Baidu and Alibaba saw strong gains, driven by news of Chinese AI ...
Sentiment toward China’s AI sector boosted tech stocks, with the Hang Seng Tech Index rallying 1.42%. Tech giants Baidu (9888) and Alibaba (9988) soared 7.66% and 4.19%, respectively.
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