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Last Friday marked a pivotal moment for Asian stocks, as the regional markets surged more than 1%, reaching their highest level since November 8th, 2021. This uptrend reflects a remarkable six-week streak of gains—the longest in over two years. The Hang Seng Index led this rally, skyrocketing nearly 4% to its highest mark since February 2022, largely propelled by a staggering 14.7% jump in Alibaba's stock following its strong earnings report. The technology sector, in particular, witnessed significant growth, with the Hang Seng Tech Index climbing over 6%.