The three major U.S. stock indices fell for the third consecutive trading day, but the declines were slight. The Dow Jones closed down 94 points or 0.2%, at 48,367 points; the S&amp;P 500 fell 9 points or 0.14%, at 6,896 points; the Nasdaq dropped 55 points or 0.24%, at 23,419 points; the Golden Dragon Index, which reflects the performance of Chinese concept stocks, retreated 0.27%, at 7,616 points.Tesla unusually announced on its official website the analysts' forecast for its fourth-quarter electric vehicle deliveries, which are expected to decrease by 15% year-on-year to 422,850 units, lower than expected, causing Tesla's stock price to drop by 1.13%. Other major tech stocks had mixed developments, with NVIDIA down 0.36%, Apple down 0.25%; Meta, which just announced the acquisition of Manus, rose 1.1%, Alphabet rose 0.09%, Microsoft rose 0.08%, and Amazon rose 0.2%.The Federal Reserve released the minutes of its meeting, indicating that most participants believe that if inflation gradually declines as expected, it may be appropriate to further reduce interest rates.In the Hong Kong stock market, today is the half-day trading session before the Lunar New Year, with the Hang Seng Index opening down 53 points at 25,801 points. Tech stocks generally declined, with Tencent (700) down 0.41%; Alibaba (9988) down 0.55%; Meituan (3690) down 0.57%; Baidu (9888) down 0.77%; JD.com (9618) and NetEase (9999) fell by 1.32% and 1.26%, respectively; Xiaomi (1810) rose by 0.86%.<h2>Zijin Expects Profit Increase of 59% to 62%</h2>Zijin Mining (2899) issued a profit warning, expecting a net profit of approximately HKD 51 billion to HKD 52 billion in 2025, an increase of 59% to 62% year-on-year. The stock price opened slightly higher by 0.05%, at HKD 35.38.The Ministry of Commerce and eight other departments issued the &#34;Implementation Rules for the 2026 Automobile Trade-in Subsidy,&#34; causing Nio (9866) to rise by 3.15%; XPeng (9868) rose by 2.18%; Li Auto (2015) rose by 0.91%; BYD (1211) remained unchanged.Regarding the northbound capital flow, there was a net sell of HKD 3.844 billion in Hong Kong stocks yesterday. SMIC (981), CNOOC (883), and Industrial and Commercial Bank of China (1398) received net purchases of HKD 759 million, HKD 461 million, and HKD 357 million, respectively; the Tracker Fund of Hong Kong (2800), Tencent Holdings (700), and China Mobile (941) experienced net sales of HKD 1.612 billion, HKD 1.279 billion, and HKD 992 million, respectively

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The Hang Seng Index opened down 53 points, reporting at 25,801 points. The three major U.S. stock indices have fallen consecutively, with Tesla's stock price down 1.13%. Hong Kong's technology stocks generally declined, with JD.com and NetEase falling 1.32% and 1.26%, respectively. NIO rose 3.15% due to favorable policies. Zijin Mining issued a profit warning, expecting a net profit increase of 59% to 62%. Regarding northbound capital, there was a net sell of Hong Kong stocks amounting to HKD 3.844 billion yesterday

- The three major U.S. stock indexes declined for the third consecutive trading day, with slight decreases: the Dow down 94 points to 48,367, the S&P down 9 points to 6,896, and the Nasdaq down 55 points to 23,419.  
- Tesla reported a 15% year-on-year drop in projected Q4 electric vehicle deliveries, causing its stock to fall by 1.13%.  
- Hong Kong's Hang Seng Index opened down 53 points at 25,801, with notable declines in tech stocks, while Zijin Mining announced a net profit increase of 59% to 62% for 2025.

The Hang Seng Index opened down 53 points, JD.com and NetEase fell over 1%, while NIO bounced back 3%｜Hong Kong stock market opens