Hong Kong stocks opened higher on the morning of November 2, then surged and pulled back before regaining strength ahead of the midday break. The Hang Seng Tech Index advanced throughout the session, gaining nearly 3% by the half-day close. As of midday, the Hang Seng Index was up 0.61% at 23,437.41 points, while the Tech Index had climbed 2.85% to 3,862.08 points, with market turnover reaching HK$114.145 billion. Sector-wise, AI hardware led the gains, the semiconductor sector saw active trading, and sub-sectors such as PCB and optical communications ranked among the top performers; Chinese brokerage stocks and the lithium battery sector also traded actively; the mainland banking sector opened higher but drifted lower, while precious metals was among the worst-performing sectors. Among individual stocks, Yangtze Optical Fibre and Cable jumped 13.47%, CATL gained 6.73%, ICBC slipped 2.15%, and Everest Gold dropped 7.26%.
