Hong Kong stocks rebounded on August 26 after three sessions of declines, with the Hang Seng Index closing 141.87 points, or 0.55%, higher at 25,652.97. The index rose as much as 0.68% in morning trading before paring gains, while mainland Chinese technology shares including Tencent Holdings, Alibaba Group and JD.com attracted buying after a rally in U.S. technology stocks. Zijin Mining Group also advanced as gold and copper prices strengthened. The rebound followed gains across major U.S. equity indexes and easing concerns about excessive Federal Reserve tightening, although investors remained cautious about China’s economic data and property market. The session also featured strength in chipmakers, biopharmaceuticals, electric vehicles, non-ferrous metals and brokerages, while energy shares lagged. Analysts characterized the move as a recovery supported by valuation repair, improved external liquidity, interim earnings, event catalysts and short covering rather than a confirmed fundamental reversal. Recent company results and buybacks, including Tencent’s HK$300 million repurchase, provided additional market support, while Alibaba’s planned HK$80 billion share placement had pressured sentiment in the previous session.