On October 15, the Hong Kong Hang Seng Index closed down 1.03%, while the Hang Seng Tech Index fell 2.72%. The optical communication and semiconductor sectors experienced the largest declines, with Yangtze Optical Fiber and Cable down over 13%, Tianyu Zhixin down over 13%, Biran Technology down over 11%, Lanke Technology down over 11%, Haiguang Chip down over 8%, Cambridge Technology down 8%, Huahong Grace down nearly 8%, Zhongji Xuchuang down over 7%, and SMIC down nearly 4%. Large model stocks also declined, with Zhipu down over 10% and MINIMAX down over 12%. Lenovo Group fell over 14%.
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