[Hong Kong’s Hang Seng Index closed up 0.51% and the Hang Seng Technology Index fell 0.36%] On October 26, Hong Kong’s Hang Seng Index closed up 0.51% and the Hang Seng Technology Index fell 0.36%. The PCB and optical communications sectors collectively fell. YOFC Optical Fiber and Cable fell nearly 9%, Lens Technology fell more than 7%, Cambridge Technology fell more than 7%, and Haiguangxin fell more than 6%. Most chip stocks fell, with GigaDevice falling nearly 6%, Huahong Grace falling more than 4%, and Biren Technology falling more than 5%. Gold stocks fell across the board, with Zijin Mining falling more than 5%, Chifeng Gold and Lingbao Gold falling more than 4%. Physics AI concept stocks strengthened, Huanchuang Technology rose by more than 15%, Hesai rose by more than 8%, and Yuejiang rose by more than 8%.