Media365
The Hang Seng Index climbed 0.8 per cent to 26,244.46 as of 10.08am local time, heading for the highest close since November 17. The Hang Seng Tech Index gained 0.6 per cent.
On the mainland, the CSI 300 Index slipped 0.1 per cent and the Shanghai Composite Index added 0.3 per cent.
Technology stocks led the gains as short-video operator Kuaishou Technology advanced 3.9 per cent to HK$71 and Alibaba Group Holding rose 2.8 per cent to HK$159.40. Chinese electric-vehicle manufacturer BYD gained 3.1 per cent to HK$101.
Other major Asian markets all rose, defying a pullback in US stocks after a liquidation of leverage positions on bitcoin. Japan’s Nikkei 225 climbed 0.5 per cent, South Korea’s Kospi rose 1.5 per cent and Australia’s S&P/ASX 200 added 0.3 per cent.
