The Hang Seng Index experienced a significant 0.5 percent increase, reaching a five-month high of 17,290.08 as of 10.05 am local time. The Hang Seng Tech Index also saw a modest gain of 0.2 percent, while the Shanghai Composite Index witnessed a slight decline of 0.1 percent. This surge in the Hang Seng Index reflects a positive sentiment among investors, with global funds reducing their underweight positions in China and increasing their exposure to the market. The return of mainland investors through the stock connect program further contributed to the upward momentum, as they purchased approximately HK$1.2 billion worth of Hong Kong stocks.