Market Overview
Hong Kong stocks closed lower on Oct 2. The Hang Seng Index (HSI) ended at 23,972.29, down 2.60%; the HSCEI closed at 8,030.54, down 2.31%; the HSCCI finished at 3,992.66, down 1.90%; and the Hang Seng Tech Index (HSTECH) settled at 4,157.94, down 2.26%. Turnover on the day was 145,804,272,792 HKD. The market data indicates a broad decline across the main benchmarks, with the tech gauge also ending lower.
Among large-cap tech names, several constituents weakened at the close, including KUAISHOU-W at -4.40%, BILIBILI-W at -4.60%, LI AUTO-W at -5.37%.
Only a few names in the tech list finished higher, such as NIO-SW at +1.81% and LEAPMOTOR at +0.88%.
Sector Performance
Large-cap Tech Stocks
The large-cap tech group closed weaker overall, with HSTECH down 2.26%; within the list, TENCENT fell 2.27%, XIAOMI-W dropped 3.96%, and BILIBILI-W lost 4.60%.
Top Performing Sectors
Advertising rose 9.71%.
Homebuilding gained 3.93%.
Human Resource & Employment Services advanced 3.49%.
Bottom Performing Sectors
Oil & Gas Refining & Marketing fell 7.50%.
Hotel & Resort REITs declined 6.45%.
Airport Services dropped 6.40%.
Top 10 Gainers in Hong Kong Market Today
Stock Name | Ticker | Price (HKD) | Daily Change |
DEEPZERO | 02723 | 696.50 | 19.57% |
REALORD TEC-OLD | 02922 | 3.44 | 17.64% |
REALORD TEC-NEW | 01196 | 3.50 | 17.45% |
CENTRAL NEW EGY | 01735 | 13.36 | 12.74% |
ASMPT | 00522 | 173.00 | 8.12% |
WENGE AI-50 | 01956 | 68.55 | 7.36% |
SERES | 09927 | 37.34 | 6.44% |
BAIGE DIGITAL | 02672 | 58.30 | 5.90% |
CSOP SK Hynix Daily Max (2x) Leveraged Product | 07709 | 42.20 | 5.24% |
CHERVON | 02285 | 28.92 | 5.09% |
Filter: Market cap>HKD10B
IV. Top 10 Losers in Hong Kong Market Today
Stock Name | Ticker | Price (HKD) | Daily Change |
CAMSENSE | 06802 | 113.00 | -47.49% |
ART GROUP HOLD | 00565 | 4.06 | -11.74% |
EASY SMART GP | 02442 | 54.00 | -10.96% |
GDS-SW | 09698 | 28.74 | -8.88% |
PONY-W | 02026 | 46.92 | -8.09% |
INNOCARE | 09969 | 13.63 | -7.84% |
CALB | 03931 | 16.10 | -7.26% |
DAJIN | 01081 | 31.86 | -7.17% |
ILUVATAR COREX | 09903 | 99.00 | -6.60% |
EDGE MEDICAL-B | 02675 | 34.46 | -6.51% |
Filter: Market cap>HKD10B
V. Closing Summary
The main Hong Kong benchmarks finished lower on Oct 2. The HSI closed at 23,972.29, the HSCEI at 8,030.54, the HSCCI at 3,992.66, and the HSTECH at 4,157.94. Turnover reached 145.80 billion HKD, showing active trading alongside a weak close across the major indices.
Large-cap tech stocks were mostly weaker by the close. In the HSTECH list, TENCENT finished at 421.20 HKD, down 2.27%; XIAOMI-W closed at 24.24 HKD, down 3.96%; LI AUTO-W ended at 42.62 HKD, down 5.37%; and BILIBILI-W fell 4.60% to 114.00 HKD. A small number of names closed higher, including NIO-SW and LEAPMOTOR.
Among individual movers, DEEPZERO led the gainers with a close of 696.50 HKD, up 19.57%. Other notable gainers included REALORD TEC-OLD, REALORD TEC-NEW, CENTRAL NEW EGY, and ASMPT. On the downside, CAMSENSE fell 47.49% to 113.00 HKD, while ART GROUP HOLD and EASY SMART GP also posted double-digit losses.
Sector data showed strength in Advertising, Homebuilding, and Human Resource & Employment Services, while Oil & Gas Refining & Marketing, Hotel & Resort REITs, and Airport Services were the weakest areas. Related intraday reports on Oct 2 highlighted weakness in Hong Kong stocks during the morning session, while company-specific news supported SERES after a new cooperation agreement with Huawei. Another report noted broader attention on AI-related financing, while the HK market’s closing data still showed a lower finish overall.
Sources: Public market data, summarized media reports
Disclaimer: This content is for reference only and does not constitute investment advice.