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The Hang Seng Index gained 0.72% to close at 15,427.9, the Hang Seng China Enterprises Index up 0.49% and the Hang Seng Tech Index up 1.1%.
Technology heavyweights rebounded, with JD.com surging nearly 6%, Alibaba up more than 4%, Bilibilib and Meituan up 1%. Semiconductor companies staged a strong rally, with Hua Hong Semiconductor surging 7%.
Education companies were mostly higher, with New Oriental Education surging 20% and its online education and e-commerce subsidiary rising by more than 8%. E-cigarette companies continued to rally due to policy visibility, with Smoore International surging 6%. Precious metal companies, paper makers, traditional Chinese medicine companies were mostly higher.
Electric power companies tumbled. Automakers, auto parts suppliers and alcoholic beverage makers closed significantly lower.
The Shanghai Composite Index fell 0.55% to close at 2,982, the Shenzhen Component Index down 0.6% and the tech-heavy Chinext Price Index fell 1.5%.
Liquor makers tumbled, with an index tracking the sector compiled by Wind Information sliding by 4.5%, making it the worst-performing sector in the A-share market. Luzhou Laojiao plunged more than 8%, Kweichow Moutai and Wuliangye sliding more than 4%.
Electric power companies and healthcare companies also significantly lower. Solar power companies, energy storage companies and lithium battery were mostly lower.
Precious metal companies, software developers, internet companies, telecom companies, paper makers outperformed.
Overseas investors bought a net 959 million yuan of Chinese A-share via the Mainland – Hong Kong Stock Connect scheme on Thursday, marking the third consecutive trading day of net buying.
