AsianFin -- The Hang Seng Index surged 2% to 25,846.55 on Monday, marking its highest level since October 26, 2021, as technology shares led broad market gains. The Hang Seng Tech Index advanced 3%.

Chinese internet giants drove the rally, with Alibaba Group Holding Ltd. and Baidu Inc. climbing more than 5% each. NetEase Inc. and JD.com Inc. rose over 4%, while Meituan, Kuaishou Technology, and Tencent Holdings Ltd. added about 3%.