Hong Kong stocks closed higher, with the Hang Seng Index rising 2.99% and the Tech Index rising 4.97%. Large-scale model concept stocks and technology stocks surged, with Zhipu (02513.HK) rising over 13%, SenseTime (00020.HK), Alibaba (09988.HK), and MINIMAX-W (00100.HK) rising approximately 12%, and Xiaomi Group (01810.HK) rising 9.5%.