Hong Kong Stock Market Closing Review: Hong Kong stocks experienced a wide-ranging adjustment throughout the day, with Chinese brokerage stocks leading the decline in the market

Jinshi Data News on October 9th: The Hong Kong stock market experienced wide fluctuations throughout the day. After opening high and falling sharply by 700 points in the morning, stimulated by news, it briefly turned higher in the afternoon but failed to sustain the upward momentum and turned lower again. The market maintained a high trading volume, with overall active trading. The Hang Seng TECH Index fluctuated by over 400 points throughout the day, ending the session underwater. As of the closing today, the Hang Seng Index fell by 1.38% to 20,637.24 points. The Hang Seng TECH Index dropped by 1.17% to 4,640.75 points, with the total turnover of the Hang Seng Index at HKD 427.014 billion (compared to HKD 620.438 billion in the previous trading day). On the market front, most sectors were in the red, with Chinese brokerage stocks leading the decline in the market, the semiconductor sector consolidating as it continues to seek direction, and automotive stocks and Apple concepts performing well against the market trend. In terms of individual stocks, Shenwan Hongyuan (06806.HK) fell by 18.21%, SMIC (00981.HK) remained flat, and GoerTek (01415.HK) rose by 3.30%