Hong Kong stocks midday report: The Hang Seng Index rose by 0.32%, with heavyweight technology stocks generally rising, while gold stocks once again led the rise in non-ferrous metal stocks.

Hong Kong stocks saw a high opening followed by a decline in the morning session, with the Hang Seng Technology Index briefly turning negative before rising slightly by 0.12% at noon. The Hang Seng Index and the State-owned Enterprises Index increased by 0.32% and 0.33% respectively, with both rising by 1% at the start of the session. Most weighted technology stocks rose, with reports that Qitai Brothers plans to conduct an IPO, Alibaba rising by nearly 3%, Xiaomi rebounding by over 2%, and Baidu showing a slight decline. The price of gold is nearing $5000! Gold stocks once again lead the rise in non-ferrous metal stocks, with China Gold International, Zijin Gold International, and Chifeng Gold hitting historic highs. Additionally, tensions between Europe and the United States over Greenland are easing, leading to a decrease in oil stocks and weakness in aviation stocks.