The Hang Seng Index fell over 1%, KUAISHOU-W dropped over 4%, XPeng and BYD Company fell over 3%
At the beginning of the Hong Kong stock market, the Hang Seng Index opened down 0.24%, and the Hang Seng Tech Index fell 0.44%. On the market, most sectors, including technology stocks and automobiles, declined
On October 3rd, at the beginning of the Hong Kong stock market, the Hang Seng Index opened down 0.24%, and the Hang Seng Tech Index fell 0.44%. During the session, the decline of the Hang Seng Tech Index expanded to 1.1%.
On the market, most sectors, including technology and automotive stocks, declined. KUAISHOU-W fell over 4%, XPeng and BYD Company Limited fell over 3%, Alibaba rose 1%, and SMIC rose 0.8%. Yunfeng Financial rose 10%, as the company announced a strategic investment in the global cryptocurrency life insurance company Anthea and a strategic partnership with it. 
Alibaba continued its upward trend from the previous day, rising over 1%. 
SMIC opened up over 1%, continuing to set a new historical high. 
The non-ferrous metal stocks collectively corrected, with Tianqi Lithium and Zijin Mining falling over 2%, and China Silver Group falling nearly 3%. 
