Hong Kong's Hang Seng Index Rallies 412 Points to 23,084, Up 1.82% by Late Morning

HK500.29%
As of 10:30 AM today (June 29), Hong Kong's Hang Seng Index rebounded to 23,084 points, up 412 points or 1.82%, reclaiming the 23,000-point level after closing below it last week. The Mainland Composite Index rose 2.36% to 7,636 points, while the Tech Index gained 3.33% to 4,397 points. Tech and pharmaceutical stocks led the rally, with Baidu up 8.2% as the best-performing blue-chip, followed by Alibaba up 5.5% and Meituan up 6.5%. Pharmaceutical stocks also surged, with Luokang Pharma climbing 7.9% and China Pharma Holdings advancing 6.3%.
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