[Hong Kong’s Hang Seng Technology Index closed up 5.55%, and technology and Internet stocks collectively rose sharply] On November 5th, Hong Kong’s Hang Seng Technology Index closed up 3.67%, and the Hang Seng Technology Index rose 5.55%. Large technology and Internet stocks collectively strengthened. Alibaba rose by more than 8%, Xiaomi Group rose by more than 8%, NetEase rose by more than 9%, Tencent Holdings rose by more than 7%, and JD.com Group and Meituan rose by nearly 7%. Gold stocks generally rose, with Laopu Gold rising by more than 8% and Zhaojin Mining rising by more than 5%. Optical communications, storage, and PCB concepts were among the top decliners. KingBoard laminates fell by more than 12%, YOFC optical fiber and cable fell by more than 12%, Zhongji Innolight fell by more than 6%, Cambridge Technology fell by more than 6%, Montage Technology fell by more than 6%, and GigaDevice fell by more than 5%.