On November 7th, Gelunhui | Trump wins the 2024 US presidential election, the three major US stock indexes hit historical highs overnight, while most popular China concept stocks fell. The three major Hong Kong stock indexes opened lower, with the Hang Seng Index and the National Index both falling by 0.74%, and the Hang Seng Tech Index dropping by 0.92%. On the market, large-cap tech stocks continued their weak performance from yesterday, with Xiaomi dropping nearly 2%, JD.com, Kuaishou, NetEase falling over 1%, Meituan, Baidu, Tencent, Alibaba all showing declines; gold price fell as Trump's clear victory in the election boosted the US dollar, leading to across-the-board declines in golden industrial concept stocks, Zhaojin Mining, Zijin Mining, and SD Gold all dropping by over 2%; biomedical stocks, dining stocks, auto stocks, and solar stocks generally fell. On the other hand, Tesla surged over 14% in the overnight US stock market, leading to a collective opening rise in Tesla concept stocks, LK Tech rose over 6%, Nexteer rose over 5%, rare earth metals concept stock JL Mag Rare-Earth continued to rise by over 2%. (Gelonghui)