The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in the city, rose as much as 2.9% on Friday, reflecting a rise of more than 20% from its January low.

DeepSeek’s advances have roiled global stock markets and AI players. Now, its influence is spreading quickly at home, with some of China’s biggest tech companies, many of which had been developing their own chatbots,

HONG KONG (AP) — Asian shares Friday were mixed, with Chinese technology stocks rising as most other Asian equities declined.

China’s tech stocks are reaping the benefits of the country’s advancement in artificial intelligence as it enters the bull market territory. The Hang Seng Tech Index, a Hong Kong index that tracks Chinese tech stocks,