U.S. stock markets experienced gains overnight, leading to a positive opening in Japanese, South Korean, and Taiwanese markets this morning. According to Ming Pao, U.S. futures, however, showed a downward trend. In contrast, the Shanghai Composite, CSI 300, and Hong Kong stocks opened higher but later declined. Technology, resource, and energy stocks faced downward pressure, while domestic demand and financial stocks showed varied performance. HSBC Holdings (0005) reached a new high, and local real estate stocks rose against the market trend. The technology index fell for the third consecutive day, reaching a seven-month low, while the national index hit a two-month low. Northbound capital outflows continued for the second day, with an increase of 10.7% from the previous day, totaling 4.4 billion.