Hong Kong stocks closed higher, with the Hang Seng Index rising 1.14% and the Tech Index rising 0.94%. Innovative drug concepts strengthened, and tech stocks rebounded, with China Biopharmaceutical (01177.HK) rising 6.5%, Kuaishou (01024.HK) rising nearly 8%, and Tencent Holdings (00700.HK) rising 4.8%.