Hong Kong: Stocks Tumble for Second Straight Day.

The Hang Seng Index tumbled 2.1%, or 490 points, to 23,161 on Thursday, extending its decline as persistent weakness in technology and battery shares overshadowed gains in global markets. Sentiment remained under pressure following CATL's sharp selloff in the previous session after slower third-quarter profit growth amid fierce competition and weaker Chinese auto sales. However, Super Micro Computer's improved revenue outlook supported expectations for AI server demand, while technology services gained 2.67%. Attention now turns to Hong Kong's September inflation data and July-September unemployment figures, due later Thursday, for fresh indications of domestic economic conditions. Investors will also monitor corporate earnings and US interest-rate expectations for signs that could influence risk appetite. Notable laggards included Tencent (-2.1%), Lenovo (-4.9%), Xiaomi (-2.6%), AIA (-1.1%), and SMIC (-2.0%).