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On October 2, the overall performance of the Hong Kong stock market was lackluster, with the Hang Seng Index tumbling by 2.6% to finish below the 24,000-point mark, and the Technology Index declining by 2.26%. On this trading day, sectors including integrated circuits, semiconductors, and communication equipment managed to post gains. In contrast, banking, aviation, and mainland property stocks suffered substantial losses. Automobile stocks displayed a mixed bag of performances: Seres (09927.HK) surged by 6.4%, Chery Automobile (09973.HK) climbed more than 2%, NIO-SW (09866.HK) advanced nearly 2%, while Li Auto (02015.HK) dropped by 5.3%, and XPeng Group (09868.HK) saw a 3.9% decrease. Among individual stocks, Xiaomi Group (01810.HK) fell close to 4%, and MINIMAX-W (00100.HK), Meituan (03690.HK), and Tencent Holdings (00700.HK) all experienced declines exceeding 2%.
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