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The Hang Seng Index added 0.2 per cent to 26,974.64 at 10am local time, paring some of the 0.3 per cent loss recorded on Thursday. The Hang Seng Tech Index was little changed after rising as much as 1.1 per cent. On the mainland, the CSI 300 Index added 0.1 per cent, while the Shanghai Composite Index was little changed.
Leading the gainers, e-commerce giant Alibaba Group Holding added 2 per cent to HK$167.90, and Chinese home-grown chipmaker Semiconductor Manufacturing International Corporation advanced 1.6 per cent to HK$78.65. Electric-car maker BYD added 1.3 per cent to HK$100.50.
Limiting gains, e-commerce and logistics firm JD.com lost 1 per cent to HK$114, while blind-box toymaker Pop Mart International dropped 3 per cent to HK$183.60. Search-engine giant Baidu slid 1.2 per cent to HK$144.40, while short-video sharing platform Kuaishou Technology fell 2 per cent to HK$78.
US stocks advanced overnight, after TSMC delivered an upbeat outlook that reassured investors about the sustainability of data-centre and AI spending. The S&P 500 and Nasdaq 100 both rose 0.3 per cent, while a gauge of chipmakers climbed to near a record high.
The results helped ease concerns over a slowdown in AI-related investment amid a shift away from lofty valued technology shares.
