Hong Kong stocks closed 7 points lower and returned to 20,000-points level after the decline led by the United States tariffs narrowed down in the afternoon session.
The benchmark Hang Seng Index closed at 20,217 points, dipping down 0.04 percent, before once dropping to as low as 19,764 points, with a turnover of HK$124.96 billion.
Chinese tech stocks surged amid the market optimism on China artificial intelligence development as well as concerns of a new round of Sino-US trading war.
Semiconductor Manufacturing International Corporation (0981) gained 10.3 percent to HK$41.9 apiece – the best performer among blue chips.
Recommended
The History of Unions in the United States
Euro parity is now matter of when, not if after hitting 2022 low
RedNote takes up Times Square office
DeepSeek HK expansion to boost fintech development
