--- title: "Hang Seng TECH Index rose by 1.17%, Baidu surged over 9%, Alibaba increased by over 4%" description: "Hong Kong stocks continued to rise in the afternoon, with the Hang Seng Index closing up 0.85% and the Hang Seng TECH Index closing up 1.17%. Technology stocks saw widespread gains, with Baidu rising " type: "news" locale: "en" url: "https://longbridge.com/en/news/256336713.md" published_at: "2025-09-08T08:09:41.000Z" --- # Hang Seng TECH Index rose by 1.17%, Baidu surged over 9%, Alibaba increased by over 4% > Hong Kong stocks continued to rise in the afternoon, with the Hang Seng Index closing up 0.85% and the Hang Seng TECH Index closing up 1.17%. Technology stocks saw widespread gains, with Baidu rising over 9%. Luobo Kuaipao's second-quarter commercial travel orders achieved a year-on-year growth of 148%, demonstrating a clear leading advantage in the global autonomous driving market; Horizon Robotics rose over 7%, and Alibaba rose over 4%; Pop Mart fell over 7%, with an intraday drop of nearly 8.9%, marking the largest decline in 5 months Hong Kong stocks continued to rise in the afternoon, with the Hang Seng Index closing up 0.85% and the Hang Seng TECH Index closing up 1.17%. Technology stocks saw widespread gains, with Baidu rising over 9%. Luobo Kuaipao's second-quarter commercial travel orders achieved a year-on-year growth of 148%, demonstrating a clear leading advantage in the global autonomous driving market; Horizon Robotics rose over 7%, and Alibaba rose over 4%; Pop Mart fell over 7%, with an intraday drop of nearly 8.9%, marking the largest decline in five months ### Related Stocks - [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md) - [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md) - [BIDU.US - Baidu](https://longbridge.com/en/quote/BIDU.US.md) - [09888.HK - BIDU-SW](https://longbridge.com/en/quote/09888.HK.md) - [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | U.S. withdraws Chinese military backed companies list-Federal Register | WASHINGTON, Feb 13 (Reuters) - The Trump administration on Friday withdrew an updated version of its list of Chinese mil | [Link](https://longbridge.com/en/news/275920026.md) | | U.S. Removes List Linking Alibaba, Baidu to China Military | The Pentagon added several Chinese companies, including Alibaba and Baidu, to its Section 1260H list, linking them to Ch | [Link](https://longbridge.com/en/news/275920712.md) | | Pop Mart balances boom and bust: can Labubu’s leap match Molly’s momentum? | Pop Mart, the international art toy brand, faces challenges as its breakout figure Labubu sees a decline in secondary-ma | [Link](https://longbridge.com/en/news/275993548.md) | | Alibaba unveils new Qwen3.5 model for 'agentic AI era' | Alibaba has launched its new AI model, Qwen 3.5, which is designed for independent task execution and boasts significant | [Link](https://longbridge.com/en/news/276045126.md) | | China's Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year | Baidu is set to integrate OpenClaw AI into its main smartphone app, allowing its 700 million users to directly interact | [Link](https://longbridge.com/en/news/275868006.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.