Hang Seng Index Closes Up 1.79%, Xiaomi Surges Over 9%

36Kr reports that the Hang Seng Index closed up 1.79% and the Hang Seng Tech Index rose 3.06%. Star tech stocks strengthened, with Xiaomi Group surging over 9%, Tencent Holdings up over 3%; media, non-ferrous metals, and automotive sectors led gains, with Chifeng Gold up over 6%, Kuaishou up over 5%, and Li Auto up over 3%; machinery, semiconductors, and biopharmaceuticals posted the largest declines, with Lead Intelligent down over 5%, Kayla Young down over 4%, and Tianyue Advanced down over 2%; Southbound funds net bought HKD 291 million.