[Hong Kong’s Hang Seng Index closed up 0.57%, with the biomedicine and optical communications sectors leading the decline] On November 3, Hong Kong’s Hang Seng Index closed up 0.57%, and the Hang Seng Technology Index rose 0.74%. The biopharmaceutical sector led the decline, with Peg Biopharma falling more than 16%, Ascletis Pharmaceuticals falling more than 9%, and Zhaoyan New Drug falling more than 7%; the optical communications sector fell, Zhongji InnoLight fell nearly 11%, Cambridge Technology fell nearly 9%, and Haiguangxin fell more than 7%; large model stocks fell, Zhipu fell nearly 8%, and MINIMAX fell more than 7%. The consumer sector rose, with Haidilao rising by more than 6%, and Mengniu Dairy, China Resources Beer, and Dongpeng Beverage all rising by more than 4%.