China tech stocks fuel Hong Kong’s best rally in eight years

Chinese tech stocks led a strong market rebound in 2025, helping the Hong Kong Hang Seng Index jump 26.7%, its best performance since 2017. AI investment, supportive policies and blockbuster IPOs boosted confidence, with Alibaba, Tencent, Baidu and SMIC among the top gainers. Analysts say the momentum could continue into the new year.