US markets continued their advance on Monday, with the artificial intelligence theme remaining in focus. The three major indices once again reached new highs and closed with gains. The US dollar held steady, while the yield on the 10-year Treasury note rose back to around 4.45%. Gold prices were volatile with a softer bias, and oil prices initially fell before stabilizing.
Today, the three major Hong Kong stock indices opened collectively higher. The Hang Seng Index opened down 0.01% at 25,395.97 points, the Hang Seng Tech Index rose 0.62%, and the Hang Seng China Enterprises Index gained 0.04%.
In terms of sector performance, technology and internet stocks were broadly higher. **Lenovo Group Ltd (SEHK: 992)** rose over 2%, while **Meituan (SEHK: 3690)**, **JD.com Inc (SEHK: 9618)**, and **Alibaba Group Holding Ltd (SEHK: 9988)** all gained over 1%.
Some lithium battery stocks also saw increases, with **Contemporary Amperex Technology Co Ltd (SZSE: 300750)** rising over 2%.
Energy stocks were active, with **Shandong Molong Petroleum Machinery Co Ltd (SZSE: 002490)** climbing over 4%.
In contrast, airline stocks experienced a pullback, with **China Southern Airlines Co Ltd (SHSE: 600029)** falling over 2%.

