<div id="readability-page-1"><div>Hong Kong stocks climbed 71 points, or 0.3%, to 25,762 in Monday morning trade, hitting their highest level in over one week and gaining for a fourth straight session.The move tracked an upbeat session on Wall Street, as technology stocks outperformed due to re-ignited optimism around AI-related shares.Sentiment was also supported by the PBoC’s decision to keep key lending rates at record lows for a seventh straight meeting, as the economy remains on track to meet this year’s growth target.News that ByteDance had struck a deal with three major investors to form a joint venture to operate TikTok’s US app continued to lift sentiment.Most sectors traded in the green, including non-energy minerals, manufacturing, and tech services.Among the top performers were Semiconductor Manufacturing International Corp (+4.2%), Zijin Mining Group (+3.6%), Pop Mart International Group (+3.4%), Li Auto (+2.9%), and Baidu (+1.7%).</div></div>

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Hong Kong stocks rose 0.3% to 25,762, driven by Wall Street's positive session and PBoC's decision to maintain low lending rates. Optimism around AI shares and ByteDance's TikTok deal boosted sentiment. Top performers included Semiconductor Manufacturing International Corp, Zijin Mining Group, and Baidu.

Hang Seng Rises on PBoC Move, Tracks Wall Street Higher