Hong Kong Stocks Recover After Massive SelloffHong Kong HS50 CashIG:HANGSENGNouzTraderHong Kong Stocks Recover After Massive Selloff The Hang Seng Index (HSI) surged sharply by +2.3%, or a 551-point surge, landing smoothly through the psychological barrier to 25,115, effectively rebounding from last weekend's plunge, led by the technology and consumer discretionary sectors. Global smart money responded immediately to the concrete actions of two Chinese state-backed funds, which poured pure liquidity into buying local stocks. --------------------------------------------------------------------------------------------------------- ✅ Bargain Hunting After Global Tech Sector Capitulation Global fund managers exploited last week's massive tech selloff as a golden opportunity to bargain hunt ahead of earnings season. Optimism about net profit growth in Asian hardware issuers triggered a massive influx of foreign capital. Large-scale wholesale buying sprees hit the HSI's giant anchors this afternoon: - Kingboard Laminates ($1888) Soars +5.4%: Leading the rally in the hardware sector, soaring in response to a surge in orders for basic electronic circuit boards following a resurgence in global chip sentiment. - Semiconductor Manufacturing International Corp ($0981) Soars +4.3%: Chip manufacturing giant SMIC is being flooded with foreign capital, validating the ongoing reversal of the comparative technology cycle in East Asia. - Shanghai Iluvatar CoreX (+3.6%) & Xiaomi Corp (+1.3%): Local AI processing unit developers and compact smart hardware ecosystem manufacturers surged, solidifying the dominance of China's physical ecosystem. - Tencent Holdings ($0700) Soars +1.7%: The digital platform giant also crept higher, acting as a supporting anchor that secured the index's green close.