Hang Seng Tech Index fluctuated weakly, BYD Electronics rose nearly 8% to a two-year high. Alibaba, SenseTime, and "Wei Xiaoli" fell more than 1%-3%.

The three major US stock indexes rebounded on Friday, with gains ranging from 0.9% to 1.6%. The Nasdaq outperformed, reflecting the performance of Chinese concept stocks, and the Golden Dragon China Index surged 2.6% on Friday. However, the escalation of the Israel-Palestine conflict led to further price increases in commodities in Asia, especially oil prices, which soared by more than half. The US dollar index also rebounded. US stock futures once gave back all their gains, with losses ranging from 0.8% to 0.9%. Among them, Dow Jones futures fell to a low of 33,333 and now stand at 33,384, down 216 points or 0.6%. S&P 500 futures and Nasdaq 100 futures fell to lows of 4,302 and 14,978, and now stand at 4,310 and 15,004, down 0.7% together. Hong Kong stocks were suspended in the morning due to a typhoon and resumed trading at 2 pm. They continued their upward trend of the past two days, with the Hang Seng Index opening 14 points higher at 17,500. It rose as much as 147 points or 0.8% to a high of 17,633, but encountered resistance and fell to a low of 17,447, and now stands at 17,452, down 33 points or 0.2%. The total turnover was HKD 33.2 billion. In addition, the Hang Seng Tech Index rebounded after two consecutive declines, opening 0.2% lower and then falling to 3,799 before rebounding to a high of 3,859, up 1.1%. It now stands at 3,804, down 0.3%. Among the 30 constituent stocks of the Hang Seng Tech Index, BYD Electronics (00285.HK) performed the best, with its stock price rising 7.9% to break through the 52-week high of HKD 38.25, reaching a high of HKD 39.15, the highest in over two years. It now stands at HKD 37.5, up 3.3%. Weibo (09898.HK) rebounded 2.7% to a high of HKD 96.3; NetEase (09999.HK) rose for three consecutive days and now stands at HKD 160.2, up 2.1%. Baidu (09888.HK) crossed the 10-day moving average, reaching a high of HKD 131.2, and now stands at HKD 128.6, up 0.6%. Meituan (03690.HK) continued to rebound, up 0.6% to HKD 109. Tencent (00700.HK) rose for three consecutive days, with a high and low of HKD 308.8/HKD 302, and now stands at HKD 305.8, up 0.2%. However, Alibaba (09988.HK) reached a high of HKD 83.45 but encountered resistance, fell to a low of HKD 81.55, and now stands at HKD 81.8, down 1.3%. SenseTime (00020.HK) fluctuated down 2.1% to HKD 1.4. Alibaba Health (00241.HK) fell 1.9% to HKD 4.71. Ideal Auto (02015.HK), NIO (09866.HK), and Xiaopeng (09868.HK), which fell in line with their A-share counterparts, fell by nearly 2% to 3.5%, with the latter experiencing the greatest selling pressure, falling 3.4% to HKD 67.35.