Hong Kong stocks closed above the 26,000 level by Monday noon

Hong Kong stocks closed above the 26,000 level by noon on Monday.

The benchmark Hang Seng Index rose 209 points to 26,068 points as of midday, after once tipping 26,179.

The half day turnover recorded HK$115 billion.

The tech gauge gained 1 percent to 5,654 at noon.

Tech shares delivered mixed performance. Alibaba (9988) rose 3.3 percent while Xiaomi (1810) lost 2 percent.

In mainland China, the Shanghai Composite Index rose 0.42 percent to 3,904 points while the Shenzhen Component Index gained 0.95 percent to 13,106.