Hang Seng Index closes up 0.69%, Hang Seng Tech up 2.05%; MINIMAX jumps 17%

The tech-heavy leg of Hong Kong's market is doing the heavy lifting here, with the broader index's modest gain masking a much stronger move in growth names. The dispersion within the tech cohort is the real story: MINIMAX's outsized jump alongside Bloks and Zhipu points to selective, name-specific appetite rather than a uniform sector bid, even as CATL and Shein post more measured gains. The open question is whether this concentration in a handful of AI and platform names broadens out or remains a narrow, momentum-driven trade.