Chinese stocks experienced a notable rebound as several cities in China began issuing consumption vouchers, boosting consumer stocks in Hong Kong and mainland markets. Notable gains were seen in Alibaba Group Holding Ltd. (HK: $BABA), which rose by 1.71%, and JD.com Inc. (HK: $JD), which increased by 1.88%. The Hang Seng Index climbed 1% while the Hang Seng Tech Index rose 1.4%, with significant contributions from Meituan and Chow Tai Fook, both of which jumped over 4%. This rally in Hong Kong stocks marked the largest increase in five weeks, driven by optimism surrounding potential stimulus measures expected to be announced at an upcoming economic meeting in December. Speculation regarding these measures has intensified amid concerns over U.S. tariffs, further fueling investor sentiment towards Chinese equities, including notable premarket strength in companies like Baidu Inc. (HK: $BIDU).