Market Overview - The Hong Kong stock market experienced a decline today, with the Hang Seng Index falling by 0.48%, the Hang Seng China Enterprises Index down by 0.52%, and the Hang Seng Tech Index decreasing by 0.55% [1][2] - Major tech stocks such as SenseTime-W and Baidu Group-SW dropped over 3%, while Kuaishou-W, Kingdee International, and Kingsoft fell more than 2% [1][2] Sector Performance - The gold sector showed strong performance, with several gold stocks reaching new highs. Notably, Chifeng Jilong Gold Mining surged over 13%, Shandong Gold increased by over 7%, and Lingbao Gold rose by 3% [1][8] - The pharmaceutical and biotechnology sector also saw significant gains, highlighted by the impressive debut of Changfeng Pharmaceutical, which closed up 161.02% at HKD 38.5 [1][4] - Nuclear power stocks continued to perform well, with China National Nuclear Corporation rising over 22% and China General Nuclear Power Corporation increasing by over 7% [1][7] Investment Insights - Zheshang International expressed optimism about investment directions in sectors benefiting from policy support, including automotive, new consumption, innovative pharmaceuticals, and technology [3] - The pharmaceutical sector's rally may be linked to the announcement of the 2025 Nobel Prize in Physiology or Medicine, which recognized contributions to peripheral immune tolerance research [6] - The recent rise in international gold prices, which reached a historic high of USD 4038.25 per ounce, is attributed to favorable inflation data and expectations of interest rate cuts by the Federal Reserve [10][11]