Most insurance stocks in the Hong Kong market have strengthened, with CHINA TAIPING (00966.HK) rising over 5%, China Pacific Insurance (02601.HK), Ping An Insurance (02318.HK), and New China Life Insurance (01336.HK) rising over 3%, and China Life Insurance (02628.HK) rising over 2%.

Hong Kong stock Telecommunication Sector collectively surged, with China United Network Communications rising nearly 12%.

The Hang Seng Index's initial increase expanded to 1%.