On July 8, all three major indices of the Hong Kong stock market demonstrated a collective upward trend. The Hang Seng Index experienced a robust 2.99% increase, closing at 24,199.46 points. The Tech Index witnessed an even more impressive surge, climbing 4.97% to settle at 4,731.02 points. Meanwhile, the H-shares Index also rose, gaining 3.02% to close at 24,180 points. The rally was largely driven by heavyweight tech stocks, with Alibaba leading the charge, surging over 12%. Xiaomi Corporation followed closely, rising over 9%, while Kuaishou and Baidu Group posted gains of over 8% and 6%, respectively. JD.com and Tencent Holdings also contributed to the positive sentiment, both rising over 3%. In the realm of AI large model stocks, Zhipu saw a remarkable surge of over 13%, and MiniMax wasn't far behind, rising nearly 12%. The semiconductor sector also experienced an uptick, with Shanghai Fudan surging over 6%, and Hua Hong Semiconductor and SMIC both rising over 3%. However, the lithium sector faced a downturn, with Tianqi Lithium dropping over 8% and Ganfeng Lithium falling over 7%.