Stocks in Hong Kong fell 195 points or 0.7% to 26,377 on Monday morning deals, marking a second consecutive session of losses and the lowest level in a week amid broad weakness across sectors. Sentiment remained subdued after weak activity data from China in October, pointing to the slowest rise in 14 months for both industrial output and retail sales. Caution also grew ahead of monthly loan prime rate fixings in the mainland later this week, following the PBoC’s decision to keep rates at record lows for a fifth straight month in October. Still, modest gains in U.S. futures helped cap declines ahead of key data releases after the longest U.S. government shutdown on record ended last week. Locally, Hong Kong’s Q3 GDP growth held near a two-week peak, supported by solid exports and resilient domestic demand. Top laggards included Trip.com (-4.8%), Lenovo Group (-3.0%), H World Group (-1.9%), Haidilao International (-1.2%), and Cathay Pacific (-1.0%).