恒指终结七连跌，后市有望止跌回稳

Market Overview - The Hang Seng Index ended a seven-day decline, rebounding significantly with a rise of 469 points or 1.84%, closing at 25,910 points, recovering above the 50-day moving average [4] - The market saw a total turnover of HKD 31.58 billion, indicating increased trading activity [4] Technology Sector Performance - Major technology stocks experienced a rebound, contributing to the market's uplift: Alibaba rose by 3.9% to HKD 161.6, Baidu increased by 2.7% to HKD 119.8, and Tencent gained 1% to HKD 627 [5] Economic Indicators - In mainland China, the Consumer Price Index (CPI) fell by 0.3% year-on-year in September, marking two consecutive months of deflation. The CPI for the first nine months of the year also decreased by 0.1% year-on-year [7] - The Producer Price Index (PPI) dropped by 2.3% year-on-year in September, with a cumulative decline of 2.8% for the first nine months [7] Electric Vehicle Market - Global electric vehicle sales reached 2.1 million units in September, a 24% year-on-year increase, setting a new monthly record. For the first nine months of the year, sales totaled 14.7 million units, up 26% year-on-year [9] - China accounted for approximately two-thirds of global sales in September, with around 1.3 million units sold [9] Company News - Meili Tianyuan Medical Health announced the acquisition of 100% of Shanghai Siyuanli for RMB 1.25 billion (approximately HKD 1.37 billion), which will significantly expand its presence in high-end beauty services across major Chinese cities [10] - SenseTime Technology entered a strategic cooperation agreement with Cambricon Technologies, focusing on optimizing software and hardware integration and building a collaborative AI ecosystem [11]