Hong Kong Market Quick Take | All three major indices rose, with the tech index up over 3%; tech stocks rallied, as Xiaomi surged nearly 10% and Kuaishou gained more than 5%; gold stocks rebounded, with Zijin Gold International climbing nearly 8%; Chinese property stocks saw Shimao Group soar over 41%, while Agile Group Holdings jumped more than 21%.
Tech stocks rose across the board, with Xiaomi Group-W up 9.72% and Kuaishou-W up 5.47%; casino and gambling stocks surged, with Melco International Development up 5.42% and MGM China up 4.89%; non-ferrous metal stocks also climbed, with Zijin Gold International up 7.71% and Zhaojin Mining up 6.54%;
Express News | Hong Kong Securities and Futures Commission Chief Executive Officer Leung Fung-yee: The Hong Kong Exchange will publish a discussion paper on extending trading hours in the fourth quarter.
Hong Kong Exchange Chief Executive Officer Leung Fung-yee said Friday at the Asian Securities Industry and Financial Markets Association (ASIFMA) conference that the Hong Kong Exchange will release a discussion paper on extending trading hours in the fourth quarter. Over time, the use of tokenized currencies and digital Hong Kong dollar settlement mechanisms could support longer trading hours. The Hong Kong Exchange will issue its consultation conclusions on T+1 settlement as soon as possible and set a target implementation date. (Cailian Press)
HK Market Midday Review | All three major indices rose in tandem, with the Hang Seng Tech Index up 1.55%, Xiaomi surging over 7%, and Kuaishou gaining more than 3%; AI hardware stocks weakened, while gold and new energy vehicle (NEV) stocks strengthened, with Zijin Gold International rising nearly 4%, and Li Auto and Leapmotor each advancing over 4%.
Tech stocks rallied, with Xiaomi Group-W up 7.19% and Kuaishou-W up 3.22%; casino and gaming stocks strengthened, with MGM China up 4.67% and Melco International Development up 4.45%; gold stocks also advanced, with Zijin Gold International up 3.82% and Chifeng Gold up 3.72%.
Hong Kong Securities and Futures Commission: Will continue to enhance market liquidity; the Hong Kong Exchanges and Clearing will release a discussion paper on extending trading hours in the fourth quarter.
On October 9, 2026, Julia Leung, Chief Executive Officer of the Securities and Futures Commission (SFC) of Hong Kong, delivered a speech at the Asian Securities Industry & Financial Markets
Futu Morning Brief | Risks remain as U.S.-Iran hostilities reignite, with the U.S. imposing a new round of sanctions on Iran; NVIDIA pledges to invest $1 billion over five years to advance "superintelligence," while SpaceX acquires low-frequency spectrum; Moderna was added to the Nasdaq 100 index before today's market open.
Iranian Foreign Minister Araghchi: Negotiations are still ongoing, and Iran will respond to the U.S. proposal in the coming days; Anthropic is reportedly forming a dedicated team to engage with the 2028 presidential candidate, preparing for the post-Trump era.
ETF manager rankings reshuffled again, reflecting the new landscape of China's A-share market.
① In September, ETFs saw net inflows of RMB 180.1 billion, yet the equity market's pullback caused total assets under management to shrink by RMB 26 billion. ② Capital has shifted heavily into bond