Market Performance: The HSI rose 244 points (0.9%) to 27,092, with significant gains in tech stocks like HSTECH, which increased by 1.5% to 5,959, and a total market turnover of HKD162.674 billion at midday.

Notable Stock Movements: BABA-W surged 5.3% to HKD168.3, while ALI HEALTH skyrocketed 16% after launching a new drug. KUAISHOU-W and Q TECH also saw substantial increases of 5.5% and 13.5%, respectively.

Short Selling Trends: Various stocks experienced significant short selling, with BABA-W and ALI HEALTH having ratios of 9.235% and 22.547%, respectively, indicating investor caution despite their price increases.

Economic Indicators: China's PPI YoY for December was reported at -1.9%, slightly better than expected, while the inflation rate for the same month was 0.2%, showing a rise from the previous -0.1%.

Market Performance: The HSI rose by 1.4% to close at 26,608, with significant gains in the HSCEI and HSTECH, which increased by 1.9% and 3.1% respectively, and total market turnover reached HKD306.223 billion.

Regulatory Investigation: China's State Council's Anti-Monopoly and Anti-Unfair Competition Committee announced an investigation into the food delivery platform service industry, impacting companies like MEITUAN-W.

Tech Stock Rally: AI and software stocks surged, with notable increases from BIDU-SW and KUAISHOU-W, following news of a new AI model release by DeepSeek, while other tech stocks like TENCENT and BILIBILI-W also saw significant gains.

Chip and Automotive Stocks: Chip stocks like BIREN TECH and ILUVATAR COREX experienced substantial growth, while automotive companies such as BYD and XPENG-W saw moderate increases, with XPENG reportedly preparing for a listing in Hong Kong.

Market Performance: The Hang Seng Index (HSI) rose by 224 points (0.9%) to 26,456, while the Hang Seng Tech Index (HSTI) increased by 117 points (2.1%) to 5,805, and the Hang Seng China Enterprises Index (HSCEI) gained 97 points (1.1%) to 9,146.

Top Gainers: MEITUAN saw a significant increase of 7.3% closing at $105.7, followed by BABA with a 5.3% rise to $154.3, and TENCENT which rose by 2.3% to $625.

Notable Declines: PING AN experienced a decline of 2.1% closing at $68.55, while HANSOH PHARMA and GEELY AUTO fell by 3.2% and 3.1% respectively.

High Performers in Other Stocks: WEIMOB INC surged by 22.9% to $2.47, and SYNAGISTICS increased by 19.6% to $2.26, with several other stocks also showing significant gains.

Market Performance: The HSI rose by 82 points (0.3%) to 26,231, with total market turnover reaching HKD245.13 billion. The HSCEI and HSTECH also saw slight increases, closing at 9,048 and 5,687 respectively.

Stock Highlights: Hang Seng Bank and HSBC Holdings both increased by 0.4%, while CKH Holdings surged 3.7% after appointing Goldman Sachs and UBS for a listing. Notable tech stocks like Alibaba and JD-SW experienced gains, while Tencent and Meituan saw declines.

AI-Related Stocks: Stocks related to AI showed significant growth, with Knowledge Atlas jumping 20.6% and XTALPI rising 10.5%. However, Unisound faced a sharp decline of 11.3%.

New Listings: MINIMAX-WP debuted at HKD345, marking a 109% increase from its listing price of HKD165, indicating strong investor interest in new offerings.

Stock Performance: KINGDEE INT'L saw a 3.56% increase in shares, with a short selling ratio of 28.13%, while MEITU and KINGSOFT CLOUD also experienced gains of 3.1% and 3.06%, respectively.

Analyst Ratings: BofAS has identified KINGDEE INT'L, MEITU, and KINGSOFT OFFICE as top picks among Chinese software stocks, while M Stanley anticipates further collaboration between MEITU and Alibaba, assigning a target price of $15.7.

Short Selling Data: The short selling amounts for various companies include KINGSOFT at $84.43M and WEIMOB INC at $14.20M, indicating varying levels of market skepticism.

Market Outlook: Ratings for KINGSOFT have shifted from "Buy" to "Neutral," reflecting a change in investor sentiment, with target prices adjusted accordingly.