Hang Seng Index closes up 0.44%, Hang Seng Tech Index gains 1.08%

The action is concentrated in the tech gauge rather than the broader index, and the leadership reads as a narrow cluster of AI and computing names rather than a broad risk-on move — Manycore, Iluvatar CoreX, Zhipu, MiniMax and Biren are all in the same thematic lane. That concentration matters because it makes the session more a statement about sentiment toward AI-linked listings than about Hong Kong equities generally. Whether the gains stay confined to this group or begin to broaden across the wider index is the open question.