Hong Kong stocks opened higher on the morning of November 5 and advanced steadily throughout the session. The Hang Seng Index gained more than 700 points in the first half of the day, reaching an intraday high of 24,749.08. The Hang Seng TECH Index surged over 6% at one point before paring some gains ahead of the midday break. As of the midday close, the Hang Seng Index was up 3.09% at 24,659.03, while the TECH Index had risen 4.79% to 4,124.41, with market turnover reaching HK$198.383 billion. Sector-wise, tech and internet stocks led the rally, precious metals performed strongly, and automobiles, innovative drugs, and AI applications were among the top gainers. Meanwhile, optical communications, PCB, and oil stocks lagged. Among individual stocks, Laopu Gold jumped 8.46%, Li Auto gained 8.26%, Alibaba rose 7.46%, and Tencent Holdings climbed 5.53%. On the downside, Zhongji Innolight dropped 7.72%, and Yangtze Optical Fibre and Cable fell 9.11%.