Investors bet on AI innovations as policy address by Hong Kong’s leader boosts sentiment for supportive measures.

EV makers BYD and Li Auto gain along with technology companies, while Pop Mart slumps after JPMorgan downgrade.

Ample domestic and external liquidity should fuel another rally in Hong Kong this month, strategists at China Merchants Securities say.

Investors bet on AI innovations as policy address by Hong Kong’s leader boosts sentiment for supportive measures.

Chinese tech giant Baidu saw its shares jump 16% amid signs the company is ramping up its artificial intelligence plans and partnerships.