<div id="readability-page-1"><div>US stocks closed at fresh record highs overnight (28th), with the three major indices setting new closing peaks as the market awaits the outcome of US-Iran talks. This morning (29th), the HSI opened up 155 pts and extended gains, closing at 25,281 pts at midday, up 275 pts or 1.1%, with half-day turnover reaching HKD194.1 billion. The HSTECH closed at 4,969 pts at midday, up 81 pts or 1.66%, while the HSCEI closed at 8,471 pts, up 106 pts or 1.28%.Among blue chips, LENOVO GROUP (00992.HK) +4.720 (+23.984%) Short selling $965.04M; Ratio 23.195% surged on the back of results from Dell Technologies Inc. (DELL.US) , closing at HKD24.4, up 23.98%, making it the best-performing blue chip at midday. SUNNY OPTICAL (02382.HK) +5.750 (+7.807%) Short selling $245.38M; Ratio 22.659% rose 7.81%. LI AUTO-W (02015.HK) -2.900 (-4.797%) Short selling $217.19M; Ratio 24.183% reported a Non-GAAP loss of RMB2.1 billion in 1Q26 and closed down 4.8% at midday, the worst-performing blue chip.Supported by urban renewal planning in mainland China aimed at revitalizing existing land inventory, CN Home stocks rallied. COUNTRY GARDEN (02007.HK) +0.040 (+19.139%) Short selling $4.25M; Ratio 4.927% soared 19.14%; CHINA VANKE (02202.HK) +0.310 (+12.205%) Short selling $7.14M; Ratio 11.710% rose 12.2%; LONGFOR GROUP (00960.HK) +0.440 (+5.882%) Short selling $58.61M; Ratio 28.210% gained 5.88%; CHINA RES LAND (01109.HK) +1.280 (+3.712%) Short selling $418.58M; Ratio 31.963% and CHINA OVERSEAS (00688.HK) +0.480 (+3.170%) Short selling $310.66M; Ratio 33.057% each climbed more than 3%.The pharmaceutical sector advanced. INNOVENT BIO (01801.HK) +7.600 (+10.154%) Short selling $221.68M; Ratio 13.290% entered into a strategic cooperation covering 12 projects with Pfizer, Inc. (PFE.US) , closing up 10.15% at midday. WUXI APPTEC (02359.HK) +5.600 (+4.462%) Short selling $79.45M; Ratio 10.625% gained 4.46%; WUXI BIO (02269.HK) +0.880 (+2.718%) Short selling $97.68M; Ratio 13.795% rose 2.72%; CSPC PHARMA (01093.HK) +0.230 (+3.305%) Short selling $192.24M; Ratio 14.522% added 3.31%.Among leading Tech names, POP MART (09992.HK) +15.100 (+9.350%) Short selling $1.21B; Ratio 19.473% rose another 9.35% after Duan Yongping increased his stake. BIDU-SW (09888.HK) +10.500 (+8.360%) Short selling $410.12M; Ratio 22.599% climbed 8.36%, KUAISHOU-W (01024.HK) +1.560 (+3.476%) Short selling $525.13M; Ratio 17.800% gained 3.48%, TENCENT (00700.HK) +11.200 (+2.635%) Short selling $469.71M; Ratio 2.620% rose 2.64%, and MEITUAN-W (03690.HK) +2.200 (+3.001%) Short selling $2.35B; Ratio 33.742% advanced 3%. BABA-W (09988.HK) +1.900 (+1.560%) Short selling $862.52M; Ratio 6.241% and NTES-S (09999.HK) +2.000 (+1.038%) Short selling $283.55M; Ratio 19.949% each increased more than 1%.On individual stocks, KNOWLEDGE ATLAS (02513.HK) +191.000 (+11.805%) Short selling $267.92M; Ratio 10.905% hit another record high, reaching as high as HKD1,835 and closing up 11.8% at HKD1,809. (mn/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-28 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)</div></div>

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The HSI rose 275 points to 25,281 at midday, buoyed by US stocks hitting record highs. Lenovo Group surged 23.98% following positive results from Dell. CN Home stocks also gained, with Country Garden up 19.14%. The pharmaceutical sector advanced, led by Innovent Bio, which rose 10.15% after a partnership with Pfizer. Other tech stocks like Pop Mart and Baidu also saw significant increases.

- US stocks reached new record highs, driven by anticipation of US-Iran talks.  
- The HSI gained 275 points at midday, closing at 25,281 points, while blue-chip stocks like LENOVO GROUP surged 23.98%.  
- The pharmaceutical sector saw INNOVENT BIO rise 10.15% following a partnership with Pfizer, reflecting positive market momentum across various sectors.

HSI Up 275 pts at Midday, LENOVO GROUP Soars 24%, CN Home Stocks Sought After