Group 1 - The Hang Seng Index fell by 0.94% and the Hang Seng Tech Index dropped by 1.41%, losing the 6000-point mark [1] - The Tianhong Hang Seng Tech ETF (520920) closed down 1.99% with a trading volume exceeding 1.56 billion yuan, while stocks like NIO-SW, Haier Smart Home, and SMIC showed gains [1] - Since its listing on September 30, the Tianhong Hang Seng Tech ETF has seen a net inflow of 2.126 billion yuan over 11 trading days [1] Group 2 - The Hang Seng Tech Index consists of the top 30 Hong Kong stocks highly related to technology themes, covering sectors such as information technology, consumer discretionary, and communication services [1] - The ETF allows investment in non-Hong Kong Stock Connect listed companies like NetEase, JD.com, Ctrip, Baidu, NIO, and Tencent Music through QDII [1] - According to reports, Cainiao Supply Chain will participate in Taobao's flash purchase business, providing "hourly delivery" services in cities like Shanghai, Hangzhou, and Nanjing, with plans to expand to more key cities [1] Group 3 - Cathay Securities indicates that the fundamentals are expected to improve alongside a continuous enhancement in liquidity, suggesting that Hong Kong stocks may reach new highs in the fourth quarter [2] - The narrative around the internet is shifting towards "AI empowerment," coupled with increased policy support, which is likely to boost the fundamental outlook for Hong Kong stocks [2] - The return of foreign capital and sustained inflow from the southbound funds are strengthening the incremental capital market for Hong Kong stocks [2]