<div id="readability-page-1">Hong Kong stocks rose for a second day on Tuesday, buoyed by the festive mood and investor optimism that the gains will extend into the next year.\nThe Hang Seng Index rose 0.2 per cent to 25,847.50 at 10am local time, adding to the 0.2 per cent gain in the previous session. The Hang Seng Tech Index fell 0.2 per cent. On the mainland, the CSI 300 Index climbed 0.2 per cent and the Shanghai Composite Index gained 0.1 per cent.\nLeading the pack, Baidu rose 1.3 per cent to HK$121.70 and logistics firm ZTO Express Cayman advanced 0.9 per cent to HK$166.60. E-commerce heavyweight Alibaba Group Holding strengthened 0.4 per cent to HK$147 and peer JD.com climbed 0.4 per cent to HK$112.70. Chipmaker SMIC increased 1.3 per cent to HK$69.75 and sportswear producer Li Ning added 1.7 per cent to HK$19.51.\nShort-video sharing platform Kuaishou Technology slumped 4.1 per cent to HK$64.10 after it said it suffered a cyberattack. Blind-box toymaker Pop Mart lost 2 per cent to HK$197.90 and travel-booking agency Trip.com dropped 1.4 per cent to HK$567. WeChat operator Tencent Holdings retreated 1.1 per cent to HK$608.50.\nDistressed mainland Chinese developer China Vanke lost 1.4 per cent to HK$3.49, after creditors agreed to extend its bond grace period to January 28, but did not pass a proposal to extend the principal repayment by a year.\nOvernight in the US, the S&amp;P Index added 0.6 per cent and the Nasdaq rose 0.5 per cent.\nHong Kong’s stock market will only trade for half a day on Wednesday and remain closed on Thursday and Friday for the Christmas holiday. Investors pushed stocks higher amid thin trading volume, hoping the gains will extend into the new year.\nThree stocks debuted in Hong Kong. QingSong Health jumped 131 per cent to HK$52.35, Nuobikan Artificial Intelligence Technology Chengdu surged 317 per cent to HK$333.40, while HanX Biopharmaceuticals fell 23 per cent to HK$24.78.\nOn the mainland, Jiangsu Xihua New Energy Technology added 150 per cent to 25.27 yuan in Shanghai, RNBC New Energy surged 199 per cent to 67.61 yuan and Shenzhen Tiansu Calibration &amp; Testing advanced 118 per cent to 79.59 yuan in Shenzhen.\nElsewhere in Asia-Pacific, Japan’s Nikkei 225 climbed 0.1 per cent, South Korea’s Kospi rose 0.5 per cent and Australia’s S&amp;P/ASX 200 added 0.9 per cent.\n</div>

000002

02202

02057

<p>Hong Kong stocks rose for a second day, with the Hang Seng Index up 0.2% to 25,847.50. Gains were led by Baidu, ZTO Express, Alibaba, JD.com, SMIC, and Li Ning. Kuaishou Technology, Pop Mart, Trip.com, Tencent, and China Vanke saw declines. The S&P Index and Nasdaq also rose overnight. Three stocks debuted in Hong Kong with mixed results. Mainland Chinese stocks and other Asia-Pacific markets showed gains.</p>

- Hong Kong stocks experienced a second consecutive day of gains, with the Hang Seng Index rising 0.2% to 25,847.50, supported by festive investor optimism.  
- Notable movements included Baidu and SMIC increasing by 1.3%, while Kuaishou Technology dropped 4.1% following a cyberattack.  
- The market anticipates continued gains into the New Year despite thin trading volumes, as the Hong Kong stock market will close for the Christmas holiday.

Hong Kong stocks climb as Santa rally extends for a second day