Market Performance - The Hong Kong stock market indices collectively declined in the afternoon, halting a three-day rally, with the Hang Seng Index down 0.33% to 26,346 points, the Hang Seng China Enterprises Index down 0.97% to 9,375 points, and the Hang Seng Tech Index down 1.26%, barely holding above 6,000 points [1] Sector Performance - Major technology stocks, which serve as market indicators, turned negative in the afternoon, contributing to the market's decline. Notable declines included NetEase down 2.35%, Xiaomi, Meituan, and Tencent each down nearly 2%, and Alibaba, Baidu, and JD.com also experiencing losses [1] - Gold prices fell below $3,930, leading to a decline in gold stocks, with significant drops in companies like Chifeng Jilong Gold Mining and Zijin Mining. Other sectors such as copper and aluminum also saw declines [1] - Popular sectors including semiconductor stocks, Chinese brokerage firms, heavy infrastructure, and Apple-related stocks experienced significant downward pressure in the afternoon, while paper, mobile gaming, home appliance, film and television, and wind power stocks showed collective weakness [1] Specific Stock Movements - Macau's October gambling revenue is expected to show potential upward trends according to Morgan Stanley, leading to an overall increase in gaming stocks [1] - Recent stabilization in raw milk prices is anticipated to accelerate industry destocking in the second half of the year, resulting in active performance from dairy stocks [1] - There was significant divergence in insurance stocks [1] - Two new stocks were listed on the Hong Kong market, with Dipo Technology rising over 121% and Bama Tea rising 86.7% [1]
港股收评：午后跳水！恒指跌0.33%，科技股、半导体股普跌，八马茶业上市首日大涨86.7%