Technology stocks have extended their recent recovery, propelling the Hang Seng Tech Index to gain nearly 2% once again.

As of the time of writing, shares of Alibaba Group Holding Ltd (HKEX: 9988) were up 3.70% at HK$112.00.

Shares of Kuaishou Technology (HKEX: 1024) rose 3.61% to HK$43.62.

Baidu Inc (HKEX: 9888) shares advanced 2.89% to HK$117.70.

Meituan (HKEX: 3690) shares were up 1.40%, trading at HK$79.60.