Hong Kong Stocks Rise 1.37% This Morning; Auto Shares Lead Gains

According to Zhitong Finance App, the Hang Seng Index rose 1.37%, or 346 points, to 25,657 this morning. The Hang Seng Tech Index gained 2.2%, with morning trading volume reaching 173 billion Hong Kong dollars.

Automotive stocks led advances after China's Ministry of Industry and Information Technology accelerated planning for intelligent connected vehicle development under the 15th Five-Year Plan. Li Auto-W (02015) surged 10%, leading blue-chip gainers, while Chery Auto (09973) climbed 6.73%. Smart driving concept stocks also performed strongly, with Hidings (03881) up 8% and Hesai-W (02525) up 7%.

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