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Hang Seng Tech Index rises over 2%, Xiaomi and Meituan up 5%, Alibaba up 4%

The Hang Seng Tech Index rose more than 2% in afternoon trading, led by strong gains among Chinese tech giants. Xiaomi Group and Meituan each climbed over 5%, while Alibaba advanced more than 4%. The move marked a broad rally across the index’s largest constituents.

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