On October 21, during the midday trading break, the Hang Seng Index experienced a 0.35% drop, while the Hang Seng Tech Index saw a more significant decline of 0.75%. The electrical equipment sector emerged as the primary driver of the downturn, with Contemporary Amperex Technology Co. Limited (CATL) plunging over 10% to hit a new low not seen since July 2025, and CALB Co., Ltd. also suffering a drop exceeding 4%.
On the flip side, the semiconductor sector stood out as a beacon of growth, with Montage Technology surging over 7% and Changguang Chenxin (assuming this is a company name, retained in pinyin for accuracy) climbing more than 3%. The medical equipment sector also demonstrated resilience, with EC Healthcare rising over 5% and Zhuozheng Medical posting an increase of over 3%.
In terms of capital flow, there was a net outflow of southbound funds amounting to HK$309 million.