The Hang Seng Index rose 0.16%, or 39 points, to 24,384 points, while the Hang Seng Tech Index climbed 1.61%. Morning trading turnover in Hong Kong reached HK$86.7 billion.
Xiaomi Corp-W (01810) surged more than 5%, leading blue-chip gains. Its first-month locked orders for the YU7 exceeded 70,000 units, and institutions are bullish on the company's closed-loop ecosystem spanning people, cars, and homes.
China Tobacco Hong Kong (06055) rose 4.5% as its new chairman took office, with expectations that he will lead the company into a new phase of development.
Axera (00600) gained 8.95% after officially launching its AX8860 high-computing-power edge AI chip series.
Liu Liu Mei (06658) jumped over 27% as the company entered the fresh snacks sector, with its new brand Ai Kai Shi making its debut.
Boleton (01333) rose 5.5% on plans for a share placement to raise net proceeds of approximately HK$199 million, continuing its strategy of expanding overseas solar-storage microgrid business.
Bloks (00325) advanced 4.7% after Bloks unveiled multiple first-time public new products at WF 2026.
Robotechnik (03757) soared over 9%, with ficonTEC contributing 80% of revenue as CPO industrialization accelerates.
China Qinfa (00866) rose more than 5% as raw coal output in the first three quarters grew 104% year-on-year, turning profitable in the first half.
Domestic insurance stocks continued their decline, with third-quarter stock market losses and property insurance payouts likely significantly weighing on earnings. China Life Insurance (02628) fell 2%, and China Pacific Insurance (02601) dropped 2.17%.
Guoen Technology (02768) plunged over 19% again as its A-shares hit the daily limit down once more, following its plan to acquire 80% equity in Zhongfuneng at a high premium in cash.
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