Ge Long Hui·2025-10-14 05:18Market Overview - The Hong Kong stock market showed a high open but low close trend, with the Hang Seng Index down 0.2% to 25,837.64, the Hang Seng Tech Index down 1.3% to 6,065.61, and the National Enterprises Index slightly up 0.07% to 9,229.08, indicating continued low market sentiment [1] Sector Performance - Major technology stocks that opened high mostly turned down, with Kuaishou down 3.6%, Baidu down 3%, and Alibaba and NetEase down nearly 2%. Tencent fell over 1%, while Xiaomi saw a late surge of 2.5% [1] - Semiconductor stocks, rare earth concept stocks, and copper stocks also experienced a high open but low close trend, with Huahong Semiconductor down over 10% and SMIC down 5.5% [1] - Pharmaceutical stocks, brain-computer interface concept stocks, dairy stocks, Apple concept stocks, military stocks, catering stocks, and property management stocks all declined [1] Individual Stock Movements - In the pharmaceutical sector, stocks such as Kelun-Bio down 6.91%, CSPC Pharmaceutical down 4.97%, and other biotech firms like 3SBio and China Biologic Products also saw declines ranging from 2.86% to 4.63% [2] - Conversely, the film sector showed strong performance with Huayi Brothers rising 22.5%, while banking stocks, nuclear power stocks, shipping stocks, and coal stocks mostly maintained an upward trend, with major banks like China Merchants Bank rising over 4% [3]