Hong Kong's Hang Seng Index (HSI) closed up 393.53 points, or 1.67%, at 23,919.50 on Nov. 4; the Hang Seng Tech Index rose 68.29 points, or 1.77%, to 3,936.02; the H-share Index gained 114.49 points, or 1.44%, to 8,057.59; the red-chip Index added 29.45 points, or 0.74%, to 3,990.82.

Huatai Securities says smart‑ring shipments are shifting from a niche market toward a standalone wearable category. IDC data: global shipments rose from 880k in 2023 to 4.34m in 2025; FDM CCS Insight forecasts ~6.0m in 2026 and ~15.0m by 2030. By contrast, smartwatches are forecast at ~162m units in 2026, implying smart rings would be roughly 4% of smartwatch volumes. Huatai notes smart rings have passed initial consumer‑need validation—Oura has a scaled user base and Samsung provides major‑player validation—but Apple, Huawei and Xiaomi have not yet fully entered. The sector remains in brand and scenario verification and has not reached a full supply‑chain volume ramp.

纳指科技ETF景顺：将于2026年11月5日开市起停牌，自2026年11月5日10:30起复牌。