The Economic Information Daily reported on the 5th: The U.S. added 29,000 non-farm employment positions in September, far below the market expectation of 84,000, significantly weakening the expectation of an interest rate hike at the end of the month. Interest rate futures now indicate the probability of a rate hike by month-end has dropped to about 22%. With northbound trading still suspended during China's National Day holiday, the Hang Seng Index had previously fallen below 24,000. Despite the positive U.S. data, the index still opened 8 points lower this morning at 23,963, with tech and internet stocks softening. The Hang Seng China Enterprises Index stood at 8,021, down 9 points or 0.1%. The Hang Seng Tech Index was at 4,138, down 19 points or 0.5%.

 The yield on the U.S. 10-year Treasury note continues to remain above 5.2%, weighing on tech and internet stocks. NetEase (09999) opened 1.72% lower at HK$183, Meituan (03690) fell 1.57% to HK$69.1, Xiaomi (01810) declined 1.49% to HK$23.88, JD.com (09618) dropped 1.46% to HK$101.4, Tencent (00700) fell 0.28% to HK$420, and Alibaba (09988) declined 0.29% to HK$104.1.

 The UK government faces a severe fiscal deficit, and markets are closely watching whether the autumn budget on October 28 will implement an 'additional bank tax' or windfall tax. Banking stocks plunged last Friday and showed only narrow fluctuations this morning without a clear rebound. HSBC (00005) rose 0.33% to HK$150, Standard Chartered (02888) fell 0.44% to HK$228.8, and Bank of China (Hong Kong) (02388) was unchanged at HK$50.7. AIA (01299) opened 0.36% lower at HK$68.95.

 WH Group (00288) rose 2.87% to HK$6.82, BeiGene (06160) gained 2.17% to HK$216.8, and China Resources Mixc Lifestyle (01209) increased 2.15% to HK$37.98. (ey)