Hong Kong Shares Kick Off Week Lower
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Hong Kong shares fell 49 points (0.2%) to 26,703, ending a three-day winning streak amid declining U.S. futures and geopolitical tensions. Q3 business sentiment in Hong Kong dropped to -3, remaining negative for nearly two years. Despite this, mainland equities rose due to increased liquidity from the central bank. Technology and consumer sectors saw declines, with XPeng down 4.0%, Kuaishou 3.1%, SMIC 2.1%, and Xiaomi 1.9%.
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