US stocks posted strong gains on Thursday as employment data remained weak and core inflation met expectations, reinforcing the Federal Reserve's rationale for interest rate cuts. All three major indices reached new record highs. The US dollar trended lower while 10-year Treasury yields declined to the 4.02% level. Gold prices maintained their strength, though oil prices moved downward.

Hong Kong's three major indices opened collectively higher today. The Hang Seng Index rose 1.74% to 26,593.44 points, the Hang Seng Tech Index gained 1.97%, and the H-shares Index climbed 1.73%.

Across sectors, technology stocks posted broad gains. Alibaba surged over 5%, while Baidu and JD.com advanced more than 3%. Tencent and Kuaishou rose over 2%, NetEase gained 2%, and Lenovo and Xiaomi climbed more than 1%.

Property stocks opened higher, with Country Garden jumping over 4%. The innovative drug concept showed signs of recovery, with Zai Lab surging over 6%. Auto stocks were mixed with some gains, as NIO rose over 4%.

Chinese brokerage stocks were active, with China Galaxy Securities gaining over 1%. Most insurance stocks opened higher, with Yunfeng Financial rising over 1%.