The Hang Seng Index closed up 1.07%, with consumer stocks generally pulling back.

Hong Kong stocks closed with the Hang Seng Index up 1.07% and the HSTECH Index up 1.93%. The rare earth concept and semiconductor sectors led the gains, with GEM Co. Ltd. rising more than 12% and Hong Guang Semiconductor rising more than 10%; However, consumer stocks generally fell back, with Lao Puhuang Jin dropping more than 9% and Cha Baidao falling more than 7%.