Reported about 22 hours ago
Chinese tech stocks in Hong Kong experienced their longest winning streak since 2020, driven by unexpected earnings and renewed interest in the artificial intelligence sector. The Hang Seng Tech Index rose 6.5%, marking its highest point in three years, while Alibaba and Lenovo saw significant gains following positive quarterly results. Investor confidence was boosted by a high-profile meeting between President Xi Jinping and major business leaders, hinting at a potential policy shift after previous regulatory crackdowns.
Source: YAHOO