U.S. stocks experienced a volatile session last Friday, initially rising before retreating. The latest employment data revealed weakness in the labor market, further fueling expectations for interest rate cuts. The market reached new intraday highs before profit-taking at elevated levels led to declines across all three major indices by the close. The U.S. dollar weakened, while the 10-year Treasury yield fell back to the 4.07% level. Gold prices performed well, while oil prices came under pressure.

Hong Kong's three major indices opened collectively higher today. The Hang Seng Index rose 0.09% to 25,440.01 points, the Hang Seng Tech Index gained 0.11%, and the H-shares Index advanced 0.02%.

On the market front, technology stocks showed mixed performance, with Baidu rising over 2%, Alibaba gaining more than 1%, while Kuaishou declined over 0.5%. Innovative pharmaceutical concepts opened higher, with WuXi AppTec surging over 3%. Gold and non-ferrous metals sectors advanced, with Shandong Gold climbing over 4%. Solar energy stocks continued their upward momentum, with Kam Hing International Holdings jumping 15%. Chinese securities firms were active, with GF Securities rising over 1%. Property stocks posted broad gains, with COUNTRY GARDEN soaring over 14%.