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The Hang Seng Index advanced 0.2 per cent to 25,925.26 as of 10.14am local time and was poised to halt a six-day, 5.1 per cent drop. The Hang Seng Tech Index slipped 0.1 per cent.
On the mainland, the CSI 300 Index and the Shanghai Composite Index both gained 0.6 per cent.
Pop Mart International Group, the producer of hit plush toy Labubu, rallied 3.5 per cent to HK$270 and Chinese EV maker BYD advanced 3.6 per cent to HK$110.10. Gold producer Zijin Mining Group added 1.5 per cent to HK$34.74 after bullion prices continued their record-setting run. Alibaba Group Holding gained 0.8 per cent to HK$163.90.
The market stabilised after a sell-off sparked by a flare-up of geopolitical tensions. US President Donald Trump said he might still meet his Chinese counterpart Xi Jinping in South Korea at the end of the month, while China’s commerce ministry said its tightening of rare earths exports was not intended to block the US’ access to the critical metals.
