Hong Kong stock midday review: Hang Seng Index rose 0.92% to return to 27,000 points, AI-related concept stocks surged again, while bank and insurance stocks fell.

In the morning session, the three major indexes of the Hong Kong stock market opened high and continued to rise, achieving a four-day winning streak. The Hang Seng Tech Index took the lead, closing up by 1.54% at noon, while the Hang Seng Index and the state-owned enterprise index rose by 0.92% and 0.89% respectively, with the Hang Seng Index returning above 27,000 points. Weighted technology stocks generally rose, especially Alibaba, which rose by over 5% again, recording a four-day increase. Stocks related to AI applications soared again, particularly in the AI healthcare sector, with Alibaba Health surging by over 16%, accumulating a high increase of 50% within the month. On the other hand, some aviation stocks, power stocks, insurance stocks, and domestic bank stocks experienced declines.