The Hang Seng Index closed up 149 points, with Baidu surging 5% and insurance stocks showing significant gains.

The mainland stock market rose, with the Shanghai Composite Index gaining 0.7%, driving positive performance in Hong Kong stocks. The Hang Seng Index opened 102 points lower and initially fell 177 points to a low of 25,758 points before rebounding. By midday, it surged 195 points to a high of 26,131 points, eventually closing up 149 points or 0.6% at 26,085 points. The Hang Seng China Enterprises Index gained 91 points or 1% to close at 9,198 points, while the Hang Seng Tech Index rose 47 points or 0.8% to close at 5,662 points. Total turnover for the day amounted to HKD 210.473 billion. After the market closed, Hang Seng Indexes conducted its regular constituent stock review. Innovent Bio (01801.HK), which will be added to the index next week, fell by 1.7%, while another stock set to be included in the Hang Seng Tech Index...

AASTOCKSDec 5 16:33

Bike-sharing Firm Hellobike Expects to See Mass Production of L4 Robotaxis by Jun 2026

CnEVPostDec 4 19:07

Exclusive | The mass production of Hello's first L4-level vehicle model is expected in June next year, as the Robotaxi track becomes a fiercely contested arena.

The L4 model will also undergo a small-scale delivery and implementation in March next year.

lanjinger.comDec 4 19:07

Tech, Media & Telecom Roundup: Market Talk

WSJDec 4 01:20

Pony AI Concludes Stabilization Period for Global Offering

TipRanksDec 3 20:08

Pony AI-W: End of stabilization period, over-allotment option expired

Pony AI-W (02026) announced that the stabilization period related to the global offering ended on Wednesday, December 3, 2025 (i.e., the 30th day after the deadline for applications under the Hong Kong public offering). The overall coordinator (on behalf of the international underwriters) did not exercise the over-allotment option during the stabilization period, and the over-allotment option lapsed on Wednesday, December 3, 2025.

Zhitong FinanceDec 3 20:05