The Hang Seng Index rose 1.3% as of 11.58 am local time, The Hang Seng Tech Index gained 2.7%.

Meituan, China’s largest on-demand delivery firm, added 2.3% ahead of its quarterly earnings release later on Friday. Geely Auto advanced 1.6% after chairman Li Shufu bought 24.20 million shares of the carmaker for HK$316 million (U$40.6 million) this week.

Haidilao, SMIC rose 6.5%; Xinyi Solar rose 5.5%; Li Auto rose 4.6%; Sands China rose 4.2%; XPeng rose 3.5%; Alibaba rose 1.5%.

Shares in China gained amid speculation that Beijing will provide more support for the economy at a key policy meeting in December. The nation also extended tariff exemptions on some American items, implying it may be less willing to take a hard line amid US trade tensions.

China’s health-care stocks gained after the latest national reimbursement drug list results from the body overseeing national medical insurance. Among the new entrants, a record 38 are innovative medicines. The nation’s food, beverage and dining stocks also advanced after officials held a meeting to boost consumption.

China has eased visa rules for Shenzhen residents traveling to Hong Kong, allowing unlimited visits within a year instead of the previous one-trip-per-week limit.