Ge Long Hui A P P·2025-10-27 04:10Market Overview - The Hong Kong stock market opened higher due to a preliminary consensus in Sino-US economic and trade relations, with the Hang Seng Index rising by 1.02% to 26,427 points, the Hang Seng China Enterprises Index increasing by 0.95% to 9,452 points, and the Hang Seng Tech Index up by 1.48% to 6,149 points, indicating a continued recovery in market sentiment [1]. Sector Performance - Major technology stocks acted as market indicators, with Baidu rising by 5.6%, Alibaba increasing by over 3%, and both JD and Tencent up by over 2%. Meituan and Kuaishou also saw nearly 2% gains, while Xiaomi was the only stock to decline, falling by 2.7% [1]. - The pharmaceutical outsourcing sector showed strength, with WuXi AppTec leading the gains, rising approximately 6% and reporting a 53.27% year-on-year increase in net profit for Q3 [1]. - Cement stocks surged, with Huaxin Cement experiencing a significant increase of nearly 12% post-earnings, and Western Cement rising by 5.8% [1]. - Other active sectors included Chinese brokerage firms, copper, Apple-related stocks, semiconductor chips, shipping, steel, coal, and military industries [1]. Weak Performers - Conversely, new consumption concept stocks declined, with sports goods, telecommunications, and restaurant sectors mostly underperforming. Additionally, over 20 stocks experienced declines of more than 8% [1].