Hong Kong stock market midday review: Hang Seng Index surged 2.21% to refresh its recent high, with the fintech sector leading the gains.

In the morning session, the three major stock indexes in Hong Kong opened higher and continued to rise, with major financial stocks, technology stocks, and stocks with names starting with "zhong" collectively boosting the market. By midday, the Hang Seng Index rose by 2.21% to 27,725 points, reaching a new high since August 2021. The state-owned enterprise index rose by 2.37%, and the Hang Seng Technology Index rose by 1.74%, with positive market sentiment prevailing. Financial technology sector performed well, with stocks in oil, aluminum, semiconductor, and telecommunications industries all experiencing significant gains. On the other hand, aviation stocks, household appliance stocks, and traditional Chinese medicine stocks were somewhat sluggish. In addition, snack chain retailer Ming Ming was busy with its listing, soaring by 70% in half a day, while AI computing power infrastructure ignited global demand for optical fiber, leading to record highs for Changfei Optical Fiber Co., Ltd. in intraday trading.