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Hong Kong Stocks Close Higher: Hang Seng Up 0.28%, Tech Index Up 0.62%

Hong Kong stocks closed higher, with the Hang Seng Index up 0.28% and the Hang Seng Tech Index up 0.62%. Zhipu gained more than 6%. PCB and optical module shares were strong, with Kingboard Laminates up nearly 12% and Cambridge Technology up nearly 8%.

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AI take

The tech index outpacing the broader benchmark points to a market still paying a premium for AI-adjacent exposure, with Zhipu's move and the strength in PCB and optical module names suggesting the bid is concentrated in hardware and infrastructure rather than the platform giants. That is a narrower rally than the headline numbers imply. Whether that leadership broadens beyond a handful of supply-chain names is the open question worth watching.

Generated by AI for reference only.

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