the Hang Seng Index in Hong Kong closed up 2.15%, and the Hang Seng Technology Index rose 2.2%. Alibaba rose more than 18%; the gold sector led the gains, with China Gold International rising more than 11%, Zhaojin Mining, Lingbao Gold, and Shandong Gold Group all rising more than 8%; SMIC, NIO rose more than 4%; BYD Co. fell more than 5%, and Mixue Group fell more than 4%.
