The Hang Seng Index continues

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The Hang Seng Index continues to extend its multi-session recovery, supported by strength in the tech, biotech, and IPO sectors.
Key market hot spots driving today's action:
Big Tech & AI Capex (Alibaba, SMIC, Xiaomi): Tech names are rebounding following high-profile executive insider buying from Jack Ma and Joe Tsai. This has helped absorb market anxiety surrounding Alibaba’s HK$80B placement for AI infrastructure, driving renewed interest across contract chipmakers like SMIC and hardware names like Xiaomi.
Healthcare & Biotech Surges: The biotech sector is outperforming the broader market, fueled by strong H1 results from leaders like WuXi Biologics (+14.8%) alongside a rally in cancer-vaccine developers following global platform breakthroughs.

# What are the hot spots in the Hong Kong stock market today?

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