Market Overview - The Hang Seng Index closed at 25,414.72, down 0.43%, marking a five-day losing streak [1] - The Hang Seng Tech Index fell by 1.57%, indicating a significant decline in technology stocks [1] Automotive Sector - Major automotive stocks experienced substantial declines, with Li Auto dropping 10.51%, Xpeng down 4.68%, and BYD decreasing by 4.60% [2] - The overall sentiment in the automotive sector is negative, particularly affecting new energy vehicle manufacturers [3] Technology Sector - Large tech stocks mostly saw declines, with JD.com down 1.69%, Alibaba and Baidu falling over 1%, while Tencent and Xiaomi also reported losses [3] - Meituan was an exception, rising by 0.6% amidst the broader downturn in the tech sector [3] Oil and Gas Sector - Oil prices surged due to geopolitical tensions, leading to a positive performance in oil stocks, with China Petroleum and Sinopec both rising by 2% [3] Healthcare Sector - The healthcare sector showed strength, with Ping An Good Doctor surging by 9%, reaching a new high, driven by improved demand for infant formula [3] Semiconductor and Related Industries - Semiconductor stocks faced a downturn, influenced by local market sentiment despite positive news regarding AI data center hosting companies [3]