Hang Seng closed up 1.57% at 23,416.89 after opening roughly 200 points higher and intraday peak near 23,516.70 (about a 400-point intraday high). Hang Seng Tech rose 2.02% to 4,544.44. Market turnover was HK$166.08 bln. Gold miners led gains — Chifeng Gold (06693.HK) +16.22%, Shandong Gold (01787.HK) +11.00% — while robotics and autos outperformed. Kuaishou (01024.HK) closed +0.75% after announcing a spin-off of unit Keling for independent capitalization and investor commitments to a US$3.0 bln

Hang Seng closed up 1.57% at 23,416.89 after opening roughly 200 points higher and intraday peak near 23,516.70 (about a 400-point intraday high). Hang Seng Tech rose 2.02% to 4,544.44. Market turnover was HK$166.08 bln. Gold miners led gains — Chifeng Gold (06693.HK) +16.22%, Shandong Gold (01787.HK) +11.00% — while robotics and autos outperformed. Kuaishou (01024.HK) closed +0.75% after announcing a spin-off of unit Keling for independent capitalization and investor commitments to a US$3.0 bln capital injection. BYD (01211.HK) +5.75%. Estun (02715.HK) jumped 21.5%. Tech names rallied early but pared some gains into the close.