Market Overview - The Hong Kong stock market opened lower on November 7, with the Hang Seng Index at 26,350 points, down 135 points, a decline of 0.51% [1] - The Hang Seng Tech Index reported 5,895 points, down 49 points, a decrease of 0.83% [3] Influencing Factors - Analysts indicated that the decline in the Hang Seng Index may be influenced by a significant drop in the US stock market the previous night, where the Dow Jones fell nearly 400 points, a drop of 0.84%, and the Nasdaq experienced a decline of 1.90% [5] - Major tech stocks in the US, such as Nvidia and Tesla, saw declines exceeding 3% [5] Company Performance - Xpeng Motors (09868.HK) opened over 4% higher and expanded its gains to 5%, driven by a more than 9% increase in its US stock the previous night, with a peak increase of 14% during trading [5] - Pop Mart (09992.HK) fell over 4%, reaching a new low since May 21, with a total decline of 39% from its peak price of 339.80 HKD [6] - Newly listed stocks continued to decline, with WeRide down over 10%, Pony.ai down over 8%, and Winsan down over 6% [7] Sector Performance - The technology sector saw widespread declines, with Bilibili down over 3%, JD.com, Kuaishou, and Alibaba down over 2%, and Meituan and Tencent down over 1% [7] - Semiconductor stocks weakened, with Hua Hong Semiconductor down over 4% [7] - Apple-related stocks opened lower, with Hon Teng Precision down over 3% [7] Market Outlook - Institutions believe that external market volatility, particularly the adjustment sentiment in Nasdaq tech stocks, may impact the Hong Kong market [8] - Despite a stabilization in market sentiment, sector differentiation may persist, making it crucial to select stocks with genuine growth potential and earnings support [8] - Overall, institutions maintain a cautiously optimistic view on the Hong Kong market, suggesting to wait for improved market sentiment and sustained capital inflows to identify investment opportunities in core tech assets [8]
港股速报｜情绪压制港股低开 小鹏汽车涨超5%