HKEX filings show UBS cut its short position in Bilibili (09626.HK) to 1.99% from 3.18% on Sept 16.

State Pipeline Network Group said China’s first island-ring natural gas network, the Hainan ring, has delivered more than 35 billion cubic meters of gas, supporting Hainan free trade port development and the island’s clean-energy transition. The 899 km network comprises four trunk lines, traverses 14 cities and counties and serves over 10 million people, supplying gas-fired power plants, industrial users and urban gas customers.

The Hang Seng Index opened higher then slid back below the 25,000 level, falling more than 200 points intraday to a low of 24,836.16. At the midday close the index was down 0.76% at 24,896.04; the Hang Seng Tech Index fell 0.97% to 4,395.32 after intra-day drops exceeding 1%. Market turnover was HK$98.82 bln. PCB-linked stocks led gains; biotech and mainland property names were active. AI-application, internet tech and optical-communications sectors underperformed. Notable movers: CanSino Biologics (06185.HK) +10.34%, Vanke Enterprises (02202.HK) +4.80%, Shenghong Technology (02476.HK) +2.95%; Alibaba (09988.HK) -2.87%, Tencent (00700.HK) -2.30%, Zhipu AI (02513.HK) -6.87%, Zhongji Xuchuang/InnoLight (03308.HK) -1.89%.