Market Performance - The Hang Seng Index (HSI) fell by 128 points or 0.5%, closing at 26,829 points after a drop of 440 points earlier in the day[1] - The Hang Seng Tech Index decreased by 36 points or 0.6%, ending at 6,514 points[1] - The total market turnover for the day was HKD 173.803 billion[1] U.S. Market Update - The S&P 500 index rose by 39 points or 0.6%, closing at 6,753 points, with technology, utilities, and industrial sectors reaching new highs[1] - The Nasdaq Composite led the gains, increasing by 255 points or 1.1%, to close at 23,043 points[1] - The Dow Jones Industrial Average opened higher but ended slightly down by 1 point, closing at 46,601 points[1] Geopolitical Developments - U.S. President Trump announced a preliminary Gaza agreement between Israel and Hamas, allowing for the release of Israeli hostages[2] - The U.S. government shutdown has entered its second week, with no resolution in sight after the Senate rejected funding proposals[2] Corporate News - HSBC Holdings proposed to privatize Hang Seng Bank at a cash offer of HKD 155 per share, representing a premium of approximately 30.3% over the last closing price of HKD 119[3] - Sany Heavy Industry plans to raise USD 1.5 billion through an IPO in Hong Kong, expected to be one of the largest IPOs this year[3] Automotive Sector - BYD reported a 5.52% year-on-year decline in September sales of new energy vehicles, totaling 396,300 units[4]