On February 14, 2025, the Hong Kong stock market experienced notable gains across major indices. The Hang Seng Index rose by 3.69% to close at 22,620.33, while the Hang Seng Tech Index surged 5.56% to 5,526.22. The Hang Seng China Enterprises Index also saw an increase of 4.11%. Key stocks contributing to this rise included Alibaba, which gained over 6% to HK$127, and Tencent, which rose over 6.5%. Xiaomi reached a record high with a 7% increase. The market's positive momentum was attributed to optimism surrounding DeepSeek-related stocks and the postponement of additional tariffs by the U.S. The most active freight index futures for Europe routes rose 14% intraday, reflecting broader market enthusiasm. Additionally, turnover on the Shanghai Stock Exchange and Shenzhen Stock Exchange surpassed 500 billion yuan, indicating robust trading activity.