Hong Kong stocks rebounded today, with the Hang Seng Index currently at 24,303, up 263 points or 1.1%, driving the biotech sector higher. Zai Lab (09688) rose 5.6% to HK$20.14; Genscript Biotech (01548) gained 4.9% to HK$47.86; China Biologic Products (01177) advanced 2.3% to HK$5.68; WuXi Biologics (02269) climbed 2.7% to HK$56.9.

　　Overnight, U.S. tech stocks performed well, with Meta (US.META) up 1.9%; Microsoft (US.MSFT) up 1.5%; Alphabet (US.GOOGL) up 0.9%; NVIDIA (US.NVDA) up 2.1%, reaching a new high; SpaceX (US.SPCX) CEO's secretary Musk announced renaming its AI business to "SpaceXAI"; subsequently, Morgan Stanley followed up on SpaceX's business development, stating that after considering the growth potential brought by the launch of AI, space, and cloud products, SpaceX's stock remains undervalued, driving its overnight share price up 7.6%. Strong tech performance pushed the Nasdaq Composite to close above 1%, hitting a record high of 27,477.31 points.

　　Current main board turnover exceeds HK$17.9 billion. The Hang Seng China Enterprises Index stands at 8,143, up 91 points or 1.1%. The Hang Seng Tech Index is at 4,233, up 50 points or 1.2%.
 

Table showing performance of related stocks in the same sector

Stock (Code)	Current Price (HK$)	Change (%)
Zai Lab (09688)	20.14	Up 5.61%
Derqui-B (02526)	263.2	Up 4.86%
Genscript Biotech (01548)	47.86	Up 4.86%
Ascentage Pharma (06855)	28.98	Up 3.35%
Hansoh Pharmaceutical (03692)	34.76	Up 2.18%
China Biologic Products (01177)	5.68	Up 2.34%
WuXi Biologics (02269)	56.9	Up 2.71%
XTAL Pi (02228)	8.05	Up 2.68%
Alphamab Oncology (09926)	108	Up 1.89%

(am)