Ge Long Hui·2025-09-30 04:09Core Viewpoint - The Hong Kong stock market showed mixed performance in the morning session, with the Hang Seng Index and the Hang Seng China Enterprises Index turning slightly negative, while the Hang Seng Tech Index maintained a gain of 0.55% [1] Group 1: Market Performance - The three major indices experienced divergence, with the Hang Seng Index and the China Enterprises Index down by 0.1% and 0.13% respectively, while the Hang Seng Tech Index rose by 0.55% [1] - Large technology stocks exhibited varied performance, with Alibaba, NetEase, Kuaishou, and Tencent showing gains of less than 1%, while Baidu, Meituan, Xiaomi, and JD.com saw slight declines [1] - Semiconductor stocks continued to perform strongly, with Hua Hong Semiconductor's share price increasing by nearly 12%, reaching a new historical high, and leading company SMIC rising over 3% to also set a new high [1] Group 2: Commodity and Sector Performance - Spot gold prices surpassed $3,860, marking a year-to-date increase of over 47%, leading to a rise in gold stocks, while copper stocks also showed strong gains [1] - Biopharmaceutical, aviation, high-speed rail infrastructure, Apple concept, and lithium battery stocks were notably active [1] - Conversely, OPEC+ plans to increase oil production in November led to a decline in international oil prices, causing major oil companies to drop collectively, with China Petroleum shares falling nearly 3% [1] - Other sectors such as gambling, home appliances, domestic banks, coal, telecommunications, and paper industries also experienced declines [1] Group 3: New Stock Performance - Three new stocks saw significant gains, with Xipuni soaring by 248.31%, Zijin Gold International rising by 60.78%, and Botai Che Lian increasing by 36.69% [1]