Hong Kong stocks rose 79 points, or 0.3%, to 25,907 on Thursday morning, snapping a four-day losing streak. The rebound followed a regional rally after Nvidia’s strong earnings eased AI valuation concerns. Sentiment was also supported by the PBoC’s decision to keep key lending rates at record lows for a sixth straight meeting, reinforcing its accommodative stance. Financial and property stocks led gains, buoyed by strong demand for China’s EUR 4 billion euro-denominated bond sale, signaling robust investor confidence. However, upside was limited ahead of Hong Kong’s October inflation data due later today, following months of steady readings. Meantime, Beijing reportedly plans to suspend imports of Japanese seafood, escalating tensions after Japanese PM Sanae Takaichi suggested Tokyo could respond militarily if China attacks Taiwan. Lenovo jumped 3% on solid Q3 revenue amid the AI boom. Other notable performers included China Hongqiao Group (3.1%), Kuaishou Tech (2.7%), and SMIC (1.9%).