恒指收跌99点，四连跌累泻1242点

Market Overview - The Hang Seng Index closed at 25,830.65, down 99 points or 0.38%, marking a four-day decline totaling 1,242 points or 4.59% [2][3] - The total market turnover was 211.43 billion, with a net inflow of 6.591 billion from northbound trading [2] Macro & Industry Dynamics - The Hong Kong Monetary Authority plans to expand the list of swap connect dealers, with daily trading limits recently raised to 45 billion RMB, reflecting a significant increase in monthly transaction volume from 50 billion to 380 billion RMB since its launch [6] - The Ministry of Industry and Information Technology anticipates that the retail sales of toys in China will exceed 100 billion RMB this year, following a 25.5% increase in 2020 [9] Company News - Link REIT clarified that it has submitted a proposal to acquire interests in several shopping centers in Australia, but no binding agreements have been established yet [11] - Hong Kong Xingye reported a loss of 479 million HKD for the half-year ending September, with revenue increasing by 126% to 1.926 billion HKD due to new project sales [12] - Kingsoft's third-quarter profit fell by 48.47% year-on-year to 213 million RMB, with total revenue down 17% to 2.419 billion RMB, despite a 26.06% increase in office software revenue [13] - Xiaoma Zhixing announced a partnership to develop a new generation of autonomous trucks, aiming for mass production by 2026, which could significantly reduce logistics costs and improve efficiency [14]