At the Hong Kong stock market's opening bell, the Hang Seng Index rose 1.74%, while the Hang Seng Tech Index gained 1.97%. Alibaba (Alibaba) -W opened 5.86% higher, reaching a new high since November 2021. Its US shares closed up 8% overnight. Evergrande Property opened 38% higher upon resuming trading. The company announced that its liquidators have received a non-binding takeover offer, and the potential transaction is still in its early stages.