Svmuu News: At the close of trading in Hong Kong, the Hang Seng Index rose 1.14%, and the Tech Index rose 0.94%.Innovative drug stocks gained momentum, and tech and internet stocks rebounded, with China Biopharm (01177.HK) rising 6.5%, Kuaishou (01024.HK) gaining nearly 8%, and Tencent Holdings (00700.HK) climbing 4.8%.