KWEB is trading at $23.43, up +3.01%, as Hong Kong tech shares rallied. - Hang Seng TECH Index closed up 2.25%; mainland shares rebounded amid reports regulators would discuss support measures for capital markets. Xiaomi, Tencent, Alibaba and other technology names advanced. - China’s private manufacturing survey showed continued expansion, while the official PMI contracted to 49.3—a mixed signal, not an obvious catalyst. The sector rally and support-measure reports appear to be clearer drivers.