Wall Street staged a technical rebound on Thursday following a sharp sell-off, with all three major indexes closing higher. The US dollar weakened, the 10-year Treasury yield held around 4.67%, gold prices advanced, while oil prices moved lower.

Hong Kong's three major indices opened mixed on Friday. The Hang Seng Index edged down 0.08% to open at 25,837.72 points, while the Hang Seng Tech Index rose 0.3%. The State-owned Enterprises Index slipped 0.24%.

In sector performance, tech stocks showed mixed results. Lenovo Group surged over 8%, while Baidu and Alibaba both gained more than 2%. On the downside, Xiaomi dropped over 5%, and JD.com fell more than 3%.

Memory concept stocks opened higher, with CSOP Double Long SK Hynix advancing over 14%. PCB concept stocks recovered, led by KB Laminates surging more than 14%. AI application stocks were broadly higher, with Z.AI climbing over 15%.