Hang Seng Index opened sharply higher on 10th April , climbing by 545 points to reach 20,810. The index later rose by 561 points, or 2.77%, settling at 20,825. The Hang Seng China Enterprises Index advanced by 196 points, or 2.61%, to 7,732, while the Technology Index increased by 152 points, or 3.25%, to 4,841. The main board reported a trading volume of HK$46.2 billion. At 10.18am, the Hang Seng Index surged by over 800 points, rising by 868.04 points or 4.28%.
Technology stocks led the rally, with Tencent rising 2.4%, Alibaba gaining 3.1%, Meituan up 2.1%, Xiaomi increasing by 4.1%, and Kuaishou climbing 3.2%.
Financial stocks also contributed to the market's strength, with HSBC Holdings advancing 4.8%, AIA increasing 1.9%, China Ping An rising 2.1%, and Hong Kong Exchanges and Clearing up 3.5%.
The automotive sector saw significant gains, with BYD up 3.2%, Geely rising 5.7%, NIO increasing by 4.1%, Xpeng Motors climbing 5.7%, and Li Auto up 3.1%.
Chip stocks were in demand, with SMIC rising 4% and Hua Hong Semiconductor increasing 3.3%.
Shares particularly affected by the new tariffs exhibited notable rebounds, with Shenzhou International up 7.4%, Techtronic Industries gaining 5.9%, and Sunny Optical soaring 13.2%.

Shares jumped in Hong Kong on Thursday after Donald Trump announced a 90-day pause on the toughest tariffs on U.S. trading partners, while Shanghai also advanced even as he ramped up levies on China.
The Hang Seng Index rose 2.69 percent, or 545.94 points, to 20,810.43, while the Shanghai Composite Index jumped 1.29 percent, or 41.03 points, to 3,227.84.

Source: Dimsumdaily.hk