Hang Seng Index rallies on Friday as tech stocks rebound

Hong Kong stocks rallied on Friday, as tech shares rebounded from a week-long selloff following the Middle East war.

The benchmark Hang Seng Index rose 435 points, or 1.7 percent, to 25,757 points at close.

The market turnover dropped to HK$292.8 billion. 

The Hang Seng Tech Index surged by 3.9 percent to 4,947 points, with JD.com (9618) jumping 10 percent.

In the mainland, the Shanghai Stock Exchange Composite Index rose 0.4 percent to 4,124  points and the Shenzhen Stock Exchange Component Index was up by 0.6 percent to 14,172 points.