Group 1: Market Overview - The Hong Kong stock market experienced fluctuations with three major indices retreating, where the Hang Seng Index fell by 0.61%, the Hang Seng China Enterprises Index decreased by 0.85%, and the Hang Seng Technology Index dropped by 1.2% [3] - The Hong Kong non-ferrous metals sector showed strong performance, with China Silver Group and Daye Nonferrous Metals both rising over 18% [5] Group 2: Sector Performance - The Wind Hong Kong Non-Ferrous Metals Concept Index increased by 2.42%, with notable gains from China Silver Group and Daye Nonferrous Metals [5] - Other sectors such as financial IC, LED lighting, brokerage, and online education performed strongly, while smart TVs and paper industries faced significant declines [5] Group 3: Semiconductor Sector - Hua Hong Semiconductor's stock rose by 5.03%, reaching a new historical high, supported by Goldman Sachs raising its target price for the stock [6][7][8] - The expanding AI ecosystem is seen as an opportunity for the semiconductor industry, with expectations of improved market conditions driven by policy expectations, earnings recovery, and a loose liquidity environment [8] Group 4: Precious Metals Outlook - International gold prices continued to rise, reaching new historical highs, with COMEX gold up by 1.17% and London gold up by 1.13%, briefly surpassing $3930 per ounce [10] - Guojin Futures indicated that gold and silver have seen consecutive weeks of increases, with significant cumulative gains and potential for short-term volatility [12]