Hong Kong's Hang Seng Index Rises 341 Points to 24,371 in Afternoon Trading

HK501.08%
BABA0.35%
XIAOMI3.89%
ZHIPU-13.12%
MINIMAX-10.39%
According to HKEJ, Hong Kong's stock market extended gains in afternoon trading on July 10. The Hang Seng Index rose 341 points, or 1.42%, to 24,371 by 1:24 PM. The Composite Index gained 104 points, or 1.31%, to 8,102, while the Tech Index advanced 83 points, or 1.76%, to 4,814. Major tech stocks led the rally, with Alibaba up 3.1% and Xiaomi climbing 4.2%, though AI-focused stocks retreated—ZhiPu fell 12% and MiniMax dropped 12.9% following recent funding announcements.
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