港股三大指数集体拉升，科指涨超2%，百度涨超5%

Group 1 - The Hong Kong stock market indices collectively rose, with the Hang Seng Index and the National Index increasing by over 1%, and the Technology Index rising by over 2% [1] - Among the constituents of the Technology Index, Baidu increased by over 5%, Huahong Semiconductor by over 4%, and both NetEase and Li Auto by over 3% [1] Group 2 - Major technology stocks saw gains, with Alibaba-W up 2.52%, Tencent Holdings up 2.59%, JD.com-SW up 2.69%, Xiaomi Group-W up 2.44%, NetEase-S up 4.85%, Meituan-W up 1.74%, Kuaishou-W up 2.19%, and Bilibili-W up 2.85% [3] - Baidu announced that Kunlun Chip has submitted a listing application to the Hong Kong Stock Exchange, aiming for a public offering and institutional placement as part of a proposed spin-off [3] Group 3 - The Ministry of Commerce and other departments issued a notice regarding the implementation of a subsidy program for the replacement of old home appliances and the purchase of new digital and smart products starting January 1, 2026 [4] - The subsidy will cover six categories of home appliances and four categories of digital and smart products, providing 15% off the final sale price, with specific caps on the subsidy amounts for each category [4]