According to Zhitong Finance APP, the Hong Kong Hang Seng Index rose 0.35%, up 90 points, closing at 25,508 points; the Hang Seng Tech Index rose 0.27%. The turnover of Hong Kong stocks in the morning session was HKD 165.9 billion.
Alibaba-W (09988) rose 3.64%, with its subsidiary Tongyi Qianwen launching the strongest model Qwen3-Max-Preview.
Lithium stocks continued to rise, with mining certificate disturbance issues likely to persist until the fourth quarter, and lithium prices may experience significant fluctuations. Ganfeng Lithium (01772) rose 5%; Tianqi Lithium (09696) rose 2.5%.
Aviation stocks collectively rose, with oil exchange rates expected to benefit airline performance releases, and institutions expect significant profits in the industry during the Q3 peak season. Air China (00753) rose 4.82%; China Southern Airlines (01055) rose 2.96%; China Eastern Airlines (00670) rose 2.41%.
Gold stocks were collectively active, as U.S. non-farm payroll data ignited interest rate cut expectations, with the central bank increasing gold holdings for the 10th consecutive month. Chifeng Jilong Gold Mining (06693) rose 1.4%; Tongguan Gold (00340) rose 1.85%; Lingbao Gold (03330) rose 0.8%.
Jiajie Ankang-B (02617) rose over 20% to a new high, as the Phase II clinical trial of the combination of Tiengoti and Ketaner/Idafang completed its first patient dosing.
Guangshen Railway Co., Ltd. (00525) rose over 8% again, with a cumulative increase of over 30% after earnings, driven by high growth in the Hong Kong high-speed rail.
China Everbright Green Environmental Protection (01257) rose over 10%, having received over 2 billion yuan in renewable energy subsidies.
Jin Yang New Energy (01121) rose 5%, with BC technology expected to accelerate implementation; the company previously partnered with LONGi to produce HBC batteries.
Horizon Robotics-W (09660) rose over 6% to a new listing high, with adjustments in Hang Seng Tech weights, and the company is expected to welcome passive capital inflows.
Harmony Auto (03836) rose over 14%, as BYD strategically invested in ICAR, taking their cooperation to a new height.
Esou Technology (02550), which was removed from the Hong Kong Stock Connect list, fell over 28%, while Meizhong Jiahe (02453) fell over 27%

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The Hong Kong Hang Seng Index rose 0.35% in the morning session, with Alibaba leading the gains, up 3.64%. Gold stocks were active due to interest rate cut expectations triggered by the U.S. non-farm payroll data, and the central bank increased its gold holdings for the 10th consecutive month. Lithium stocks and airline stocks also performed strongly, rising 5% and 4.82% respectively. Yisou Technology surged over 20%, while GUANGSHEN RAIL rose over 8%. Yisou Technology's stock price fell over 28% due to its removal from the Hong Kong Stock Connect list

- The Hang Seng Index rose by 0.35% to 25,508 points, with a trading volume of HKD 165.9 billion.  
- Notable stock movements included Alibaba increasing by 3.64% and lithium stocks like Ganfeng Lithium rising by 5% amid ongoing market volatility.  
- Airline stocks also gained, with China Southern Airlines up 2.96%, while gold stocks surged due to expectations of interest rate cuts, and Yisou Technology fell over 28% after being removed from the Hong Kong Stock Connect list.

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Hong Kong Stock Mid-Review | Hang Seng Index rose 0.35% in the morning session, with Alibaba leading the index weight