Hong Kong shares rose 98 points or 0.4% to 24,607 on Monday morning deals, snapping a four-day losing streak amid broad-based gains led by property and tech sectors. Sentiment improved after China’s top leaders pledged to support the economy and address “disorderly competition” during a Politburo meeting last week. Beijing also confirmed plans to hold its fourth plenum in October, likely centered on the next five-year plan. A modest rebound in U.S. futures added support, following Wall Street’s sharp drop Friday on weak jobs data. On the tariff front, U.S. Treasury Secretary Scott Bessent expressed optimism, saying the U.S. and China have “the makings of a deal” after recent talks in Stockholm. However, further gains were tempered by caution ahead of the upcoming July services PMI from a private survey and China’s July trade figures, due later this week. Early movers included Zhaojin Mining (7.1%), Lenovo Group (2.6%), SMIC (2.9%), and Sun Hung Kai Properties (2.0%).