This round of rebound in Hong Kong stocks is something else—the tech sector is leading the charge, Tencent has surged straight to 10%, and the AI concept is going wild too. The 22% gain in Wu Yi Shijie is truly impressive.

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Hong Kong stocks closing review: The Hang Seng Tech Index surged 4.7%, AI application sectors performed strongly, and "veteran stock king" Tencent soared 10.46%
On June 2, Hong Kong stocks surged. The Hang Seng Tech Index rose 4.72%, the Hang Seng Index rose 2.52% to 26,000 points, and the State-owned Enterprises Index rose 3%. Weighted stocks led the rally: Tencent rose 10.46%, Meituan rose over 9%, JD.com/Alibaba were up about 7%, and Baidu/Xiaomi were also lifted. AI-related concept stocks surged across the board, with Wuyi Vision jumping by more than 22%. Heavy machinery stocks rose, as did automotive, Macau gaming, gold, semiconductors, and others. Biopharmaceuticals weakened, while coal, paper, wind power, tea beverage, and pork stocks fell back.
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