Market Overview - The Hong Kong stock market indices showed weakness, with the Hang Seng Index down 0.94% to 26,458.95, the Hang Seng Tech Index down 1.49% to 5,738.52, and the Hang Seng China Enterprises Index down 1.14% to 9,138.75 [1][2] Sector Performance - Major technology stocks collectively declined, with Alibaba down over 3%, and Netease and Kuaishou down over 2% [4][5] - The automotive sector faced significant losses, with BYD, NIO, and Xpeng all dropping over 3% [7] - Oil stocks also fell, with Kunlun Energy and China National Offshore Oil Corporation down over 3% [8][9] - Real estate stocks performed poorly, with Sunac China down 8.27% and several other major developers declining [10] - Chinese brokerage stocks were under pressure, with GF Securities down over 4% [11] Notable Gainers - The paper industry saw gains, with Nine Dragons Paper up 8.97% and Lee & Man Paper up 6.92% [14] - The innovative drug sector was active, with Ascentage Pharma-B and Tonghua Dongbao Pharmaceutical-B both rising over 8% [16] - Aluminum stocks rose, with Nanshan Aluminum International up over 10% [18] - Coal stocks strengthened, with Feishang Non-Ferrous Coal up over 34% [19] - The restaurant sector saw increases, with Ronghui Holdings up over 13% [21] - Solar energy stocks had some upward movement, with GCL-Poly Energy up over 24% [22] Investment Outlook - According to Galaxy Securities, the Hong Kong stock market is expected to see increased trading activity and a potential upward trend, with a focus on technology and consumer sectors due to supportive policies and low valuations [24]