Market Overview - The Hong Kong stock market indices continued to decline on October 8, with the Hang Seng Index falling by 0.48%, the Hang Seng Tech Index down by 0.55%, and the National Enterprises Index decreasing by 0.52% [1][2]. Sector Performance - The technology sector saw most stocks decline, with major players like Baidu dropping over 3%, Kuaishou down more than 2%, and Ctrip, Meituan, Alibaba, and JD.com each falling over 1% [4][5]. - The jewelry and watch sector experienced significant gains, with companies like LVMH Group and Kingfisher Group rising over 9%, and Du Fu Wine Group increasing by over 5% [6]. - The textile and fabric sector faced declines, with Baihong Industrial dropping over 9% and Yadong Group down more than 7% [10]. - The semiconductor sector also retreated, with Shun Tai Holdings falling over 11% and Brain Hole Technology down more than 7% [12][13]. Gold and Precious Metals - Gold prices reached a new high, surpassing $4000 per ounce, driven by concerns over the U.S. economy and government shutdown risks. Year-to-date, gold prices have increased by over 50% [8][9]. Analyst Insights - Analysts suggest that the recent decline in the Hong Kong market is largely attributed to the significant drop in U.S. stocks, particularly in the semiconductor and AI-related sectors, with the Philadelphia Semiconductor Index falling over 2% [12]. - Looking ahead, there is optimism for the Hong Kong stock market in Q4, with expectations for the Hang Seng Tech Index to shine, benefiting from current industry trends and potential foreign capital inflows [16].
港股收评:三大指数走低,恒科指跌0.55%,黄金板块持续走高
Ge Long Hui·2025-10-08 08:46