AI hardware stocks rise: KBTC (01888) up 4.1%, at HK$51.45, marking its second consecutive day of gains with a cumulative increase of 6%; KB Holdings (00148) up 4.2%, at HK$59.2, marking its fourth consecutive day of gains with a cumulative increase of 11.7%; Lenovo Group (00992) up 2.5%, at HK$35.18; Cambridge Industries (06166) up 3.4%, at HK$116.6, marking its fourth consecutive day of gains with a cumulative increase of 14.4%.

　　Nvidia (US.NVDA) rose 3% last Friday (2nd), briefly touching a record high of $237.88, with its market capitalization briefly exceeding $5.7 trillion, closing up 1.3% at $233.95, drawing closer to becoming the first company in history to surpass a $6 trillion market cap.

　　In addition, Nvidia added an extra $150 billion to its existing share buyback program last week, expecting to complete execution by the end of the fiscal year 2028, increasing the remaining buyback authorization to $235 billion.

　　Meanwhile, September non-farm payroll increased by only 29,000, far below the market expectation of 90,000, causing expectations of a Fed rate hike to cool once again. Current interest rate futures indicate a 77% chance that the Fed will hold rates steady in October. The Philadelphia Semiconductor Index, representing the semiconductor sector in U.S. stocks, closed at 13,136 points last Friday, up 2.4%.

　　Currently, the Hang Seng Index stands at 23,859, down 112 points or 0.5%, with main board turnover exceeding HK$22.4 billion. The Hang Seng China Enterprises Index is at 7,994, down 35 points or 0.4%. The Hang Seng Tech Index is at 4,137, down 20 points or 0.5%. (am)
 

Table showing performance of related stocks

Stock (Code)	Current Price (HK$)	Change (%)
Lenovo Group (00992)	35.18	Up 2.51%
KBTC (01888)	51.45	Up 4.15%
KB Holdings (00148)	59.2	Up 4.23%
Yangtze Optical Fibre and Cable (06869)	176.2	Up 0.51%
Cambridge Industries (06166)	116.6	Up 3.37%
Accord (03308)	1075	Up 0.28%
ASMPT (00522)	176.8	Up 2.2%
SMIC (00981)	60.3	Up less than 0.1%
HHGrace (01347)	106.9	Up 1.33%