大涨！突破27000点

Market Overview - On the first trading day of Q4, the Hang Seng Technology Index surged by 3.36%, while the Hang Seng Index broke through 27,000 points, indicating a strong market opening [2][4]. Stock Performance - The Hang Seng Index closed up 1.61% at 28,287.12 points, the Hang Seng Technology Index rose 3.36% to 6,682.86 points, and the Hang Seng China Enterprises Index increased by 1.77% [4]. - Southbound capital saw a net inflow of 15.5 billion HKD, with total market turnover reaching 222.5 billion HKD [4]. Technology Stocks - Major technology stocks performed strongly, with Kuaishou rising by 8.57%, Alibaba and Tencent seeing transaction volumes of approximately 17.6 billion and 11.6 billion HKD, respectively, with increases of 3.45% and 2.04% [7][8]. - The valuation of Hong Kong's internet giants is rapidly converging with their overseas counterparts, with Tencent and Alibaba's valuations aligning closely with Meta and Google [7]. Semiconductor Sector - Semiconductor stocks experienced significant gains, with SMIC rising over 12% and achieving a transaction volume of 5.8 billion HKD [10][11]. - The launch of OpenAI's video generation model Sora 2 has spurred demand for computing chips, marking a potential breakthrough in the video generation field [10]. Gold Sector - Gold concept stocks benefited from rising gold prices, driven by increased demand for safe-haven assets amid U.S. government shutdown concerns and expectations of interest rate cuts by the Federal Reserve [12][13]. - International gold prices reached approximately 3,922 USD per ounce, with notable increases in stocks such as China Silver Group (up over 30%) and Zijin Mining (up 14.01%) [13][14]. IPO and Index Inclusion - Zijin Mining International is set to be quickly included in the Hang Seng Composite Index, effective from October 16, 2025, following its IPO which raised 24.984 billion HKD and saw a subscription rate exceeding 190 times [17][18].