The Hang Seng Index opened 0.13% higher, while the Hang Seng Tech Index gained 0.04%. Large-model concept stocks rallied, with MINIMAX-W (00100) rising nearly 4%. CATL (03750) advanced more than 3%, as the company is set to begin delivering its first batch of sodium-ion battery solutions this September. On the future outlook for Hong Kong stocks, CaiXin Securities believes that, with rising expectations of U.S. Federal Reserve rate hikes, the U.S. dollar index is likely to remain relatively strong, and the pace of global monetary easing may slow, weakening the impetus for cross-border capital flows into Hong Kong stocks. Guoyuan International notes that short-term market sentiment has improved, but recommends selectively focusing on growth sectors with strong earnings visibility. Dongwu Securities believes that catalysts have increased significantly, including this week's Federal Reserve policy meeting, and that if the new Fed Chair, Jerome Powell, adopts a relatively neutral tone, it could provide effective support for global risk assets.