Hong Kong shares rise at close, Lenovo surges 19pc

Hong Kong stocks closed higher on Friday, led by tech heavyweights.

The benchmark Hang Seng Index rose 309 points, or 1.22 percent, to 25,695 points, with a full-day turnover of HK$281.2 billion.

The Hang Seng Tech Index went up 2.11 percent to 4,869 points.

Lenovo (0992) surged 19.7 percent after posting robust full-year results, marking the biggest gainers among blue chips.

It's followed by the chipmaker, SMIC (1981), which jumped 7.6 percent. 

NetEase (9999) also lifted 5.7 percent after reporting a growth in its first-quarter profit.

Chinese artificial intelligence companies Zhipu (2513) skyrocketed 27 percent to a new high, while MINIMAX (0100) jumped 16 percent, as these two stocks are reportedly to be included in the Hang Seng Tech Index.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓