连续反弹的港股三大指数今日呈现震荡行情，市场情绪趋于谨慎。恒生科技指数跌0.36%止步连涨行 情，恒生指数、国企指数微幅上涨0.07%及0.03%，盘中均冲高至0.7%以上。 另一方面，内房股午后跌幅扩大，钢铁股、建材水泥股等产业链多数走低，半导体芯片股冲高明显，龙 头中芯国际收跌近1%，重型机械股、手游股、军工股多数表现弱势。此外，量化派首日上市收涨 88%。(格隆汇) 盘面上，大型科技股走势分化明显，其中，小米涨超2%，京东涨超1%，阿里巴巴跌近3%，腾讯、 百 度跌超1%；商务部推全链条扩大汽车消费，汽车股走势活跃，汽车经销商股涨幅相对明显，永达汽车 大幅上涨超10%表现抢眼；美联储12月降息概率再度升温，黄金、铜等有色金属股集体活跃，中国有色 矿业涨超6%；纸业股、濠赌股、教育股、新消费概念股、保险股、航空股多数上涨。 ...

Group 1 - The Hong Kong stock market continues to decline, with the Hang Seng Index dropping 1.47% and falling below 26,000 points, marking three consecutive days of losses [1] - The technology sector remains under pressure, with major companies like Xiaomi, JD.com, and Kuaishou hitting new lows [1] - Bitcoin has fallen below $91,000, erasing over 30% of its gains for the year, leading to a decline in cryptocurrency-related stocks [1] Group 2 - Semiconductor stocks are performing well despite the overall market downturn, with leading company SMIC rising by 1.5% due to increased demand from downstream expansion trends [1] - Other sectors such as steel, coal, automotive, gold, and copper are also experiencing declines [1]

隔夜美股再遭猛烈抛售，道指跌超550点！纳斯达克中国金龙指数收跌1.21%。港股三大指数低开，恒 指跌0.8%，国指跌0.72%，恒生科技指数跌1.25%。大型科技股继续低迷行情，文旅部提醒中国游客近 期避免前往日本旅游，旅游股继续下跌，香港中旅大跌超14%表现较弱，铝业股、黄金股等有色金属板 块下跌明显，小鹏汽车绩后领跌汽车股。另外，软件类股、生物医药股、建材水泥股部分活跃。(格隆 汇) ...

Core Viewpoint - The technology sector in the US stock market faced significant sell-offs, leading to a decline in the Asia-Pacific stock markets, particularly in Hong Kong where major indices fell sharply [1] Group 1: Market Performance - The Hang Seng Index dropped by 1.14%, the Hang Seng China Enterprises Index fell by 1.12%, and the Hang Seng Technology Index decreased by 2% [1] - Major technology stocks such as Xiaomi, JD.com, Tencent, Meituan, and Alibaba all experienced declines of over 2%, with Xiaomi falling more than 3% [1] Group 2: Sector Trends - Semiconductor stocks, which had rebounded previously, also faced weakness again [1] - Other sectors including Chinese brokerage stocks, automotive stocks, heavy machinery stocks, and Apple-related stocks all saw declines [1] Group 3: Commodity and Alternative Sectors - Gold prices returned to $4,000, leading to a continued rise in gold stocks [1] - The solar energy sector made significant progress against internal competition, with solar stocks showing strong performance [1] - The three major oil companies continued their upward trend [1]

Core Viewpoint - The Hong Kong stock market experienced a rebound in the morning session, with all three major indices showing positive performance, indicating a slight recovery in market sentiment [1] Group 1: Market Indices Performance - The Hang Seng Index rose by 1.21%, the Hang Seng China Enterprises Index increased by 1.11%, and the Hang Seng Tech Index gained 1.18%, ending a streak of declines [1] Group 2: Sector Performance - Major technology stocks, which serve as market indicators, collectively increased, with Alibaba rising nearly 3%, and JD.com and Xiaomi both up over 1%. Tencent, Baidu, Meituan, NetEase, and Kuaishou saw gains within 1% [1] - Infrastructure-related stocks such as building materials, heavy machinery, and steel showed active performance, while brokerage firms indicated a potential improvement in industry sentiment [1] - The three major airline stocks experienced a rise, and Goldman Sachs maintained a positive outlook on Sands and Galaxy Entertainment, predicting that Wynn Macau's Q3 performance would exceed expectations, leading to a rebound in previously declining gaming stocks [1] - GAC Group surged over 13% during the session, leading the automotive sector's increase, in collaboration with JD.com and CATL to launch new vehicles [1] Group 3: Other Notable Movements - Rare earth and copper stocks continued their decline from the previous day, while semiconductor stocks showed mixed results, with leading company SMIC trading in the red [1] - Xuan Bamboo Biotechnology saw a significant first-day listing gain, surging over 128% [1]

来源：耀才证券 2025年10月2日，美股三大指数大致向好，道指及标普500指数同创收市新高，分别上升0.1%及0.34%， 纳指则升0.42%。反映中概股表现之金龙指数则升1.44%。 中港股市在9月最后一个交易日表现理想。A股方面，沪深两市全日大部分时间均维持升势，最终上综 指收报3,882点，升20点或0.52%，深成指亦升0.35%，收报13,526点，全日成交约2.18万亿元人民币。总 结第三季表现，深成指累升达29，上综指亦升约12.7%。至于港股假期前亦有好表现，在科技股强势支 持，恒指升232点或0.87%，收报26,855点，科指升幅则达到2.2%，成交则近3,150亿元。成份股中以药 明康德(02359.HK)表现最佳，升超过8%，快手(01024.HK)升幅同样惊人，超过7.2%。汽车股亦有好表 现，吉利(00175.HK)及理想汽车(02015.HK)分别上升4.9%及2.9%。至于近日强势之中芯(00981.HK)及阿 里(09988.HK)继续有好表现，分别上升近4%及2.1%。至于下跌股份则以石油股及濠赌股表现较差，中 石油(00857.HK)为表现最差成份股，跌幅超过2.7%， ...

Core Viewpoint - The Hong Kong stock market experienced fluctuations with the Hang Seng Technology Index slightly declining by 0.13%, while the Hang Seng Index showed a modest increase of 0.01%. Major technology stocks generally maintained an upward trend, with significant movements in various sectors [1] Group 1: Technology Sector - Major technology stocks showed positive performance, with Xiaomi rising by 4.48%, JD.com by 3.46%, Baidu by 2.33%, and Kuaishou by 1.69%. Tencent and Meituan managed to stay slightly positive, while Alibaba and NetEase fell over 1% [1] - The Hang Seng Technology Index had a peak increase of 2% during the trading session before closing down slightly [1] Group 2: Copper and Mining Sector - A significant accident at the world's second-largest copper mine has led to tighter supply, resulting in a rise in copper prices. This has positively impacted copper-related stocks, with China Daye Non-Ferrous Metals soaring by 25% and China Nonferrous Mining rising by 11% [1] - Gold stocks also performed well, with Zijin Mining reaching a new historical high during the session [1] Group 3: Automotive Sector - The automotive sector saw collective gains, highlighted by Chery Automobile's debut, which surged nearly 14%. Other companies like Li Auto, NIO, BYD, and Xpeng also experienced increases [1] Group 4: Other Sectors - Lithium battery stocks, cosmetics stocks, semiconductor stocks, aviation stocks, and biomedicine stocks were generally active in the market [1] - Conversely, the banking sector faced downward pressure, with CITIC Bank dropping nearly 3% and other major banks like ICBC, BOC, and CCB declining over 2% [1] - Home appliance stocks, brain-computer interface concept stocks, dairy stocks, and port and shipping stocks also saw declines [1]

Core Viewpoint - Powell hinted at a possible interest rate cut in September, leading to a significant rise in US stocks, with the Dow Jones reaching a new high [1] Market Performance - US stock market saw a substantial increase, with the Dow Jones hitting a new record high and the Chinese concept index rising by 2.73% [1] - Hong Kong stocks opened significantly higher, with the Hang Seng Index up by 1.06%, the National Index up by 1.07%, and the Hang Seng Technology Index up by 1.49% [1] Sector Performance - Major technology stocks experienced widespread gains, with Baidu rising nearly 3%, JD.com and Alibaba up over 2%, Tencent increasing by 1.42%, and other companies like NetEase, Xiaomi, and Meituan also seeing increases [1] - Automotive stocks surged, with NIO rising nearly 15% and Dongfeng Group shares opening over 69% higher due to its subsidiary, Lantu Automotive, planning to go public in Hong Kong [1] - Other sectors such as telecommunications equipment, new consumption concepts, nuclear power, logistics, and gold stocks also saw increases, with Miniso rising over 9% and ZTE Corporation increasing by nearly 4% [1] - Conversely, restaurant stocks, Tesla concept stocks, and live-streaming concept stocks declined, with Dongfang Zhenxuan dropping nearly 3% [1]

Group 1: Market Overview - The Hong Kong stock market opened high and closed with significant gains, with the Hang Seng Index rising by 2.06%, the Hang Seng Tech Index by 2.14%, and the Hang Seng China Enterprises Index by 1.9% [2] - The technology and financial sectors saw widespread gains, while the oil and gas sector experienced a sharp decline [2][3] Group 2: Technology and Financial Stocks - Major technology and financial stocks rose, with Xiaomi increasing nearly 4%, Hongye Futures soaring over 15%, and China Galaxy rising nearly 9% [4] - Leading insurance stocks included China Taiping and Ping An, while major banks like CCB, ICBC, and CMB reached new highs [4][5] Group 3: Oil and Gas Sector - The oil and gas sector faced significant sell-offs due to a sharp drop in international oil prices, with companies like United Energy Group falling over 21% and Sinopec Oilfield Services down 15.85% [6][7] - Specific stock performances included China Petroleum down 0.30%, Sinopec Oilfield Services down 15.85%, and United Energy Group down 21.21% [8] Group 4: Automotive Sector - The automotive sector benefited from favorable market conditions, with stocks like BYD rising 3.25%, Li Auto up 3.81%, and Leap Motor increasing 4.34% [9][10] - The overall automotive industry showed positive growth, with production and sales in the first five months of the year increasing by over 10% year-on-year, and new energy vehicle sales reaching 44% of total new car sales [12] Group 5: Company-Specific News - Juzhibio saw a rise of 5.27% following a statement addressing the limitations of its current collagen product testing methods [13][14] - The company acknowledged the need for optimization in quality standards and testing methods to meet industry advancements and consumer expectations [18]

Core Viewpoint - The Hang Seng Index closed up by 2.4%, while the Hang Seng Tech Index increased by 2.34%, indicating a positive market sentiment driven by gains in automotive and technology stocks [1] Group 1: Automotive Sector - Xpeng Motors saw an approximate increase of 7% in its stock price [1] - NIO also experienced a rise of about 7% [1] Group 2: Technology Sector - Alibaba's stock rose by approximately 5% [1] - Baidu Group's shares increased by around 4% [1]