The Hong Kong Hang Seng Index closed up 1.08%, returning above the 20,000-point mark; the Hang Seng Tech Index closed up 1.12%. Chinese bank stocks continued to rise today, with the five major state-owned banks, including Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of China, and China Communications Bank, all reaching historical highs; port and shipping stocks saw significant increases, with PACIFIC BASIN rising over 6% and COSCO SHIP HOLD rising over 3%. Xiaomi Corporation and Alibaba both rose over 3%
