The Hong Kong stock market saw a sharp intraday rally, with both the Hang Seng Index and the Hang Seng Tech Index turning positive, having previously fallen by more than 1% and over 2%, respectively.
Among the constituents of the Hang Seng Tech Index, NIO-SW shares surged more than 6%, while Minimax and NTES-S shares gained over 2%, and MEITUAN-W shares rose nearly 2%.