Huatai Securities research report states that during the Spring Festival period, the divergence within the Hong Kong stock market increased, with AI new forces diverging from internet giants. Although consumer data showed highlights, it did not significantly boost sector performance, with gains still concentrated in technology and cyclical industries. Looking ahead, in the short term, investors are advised to be cautious of the volatility risk associated with stocks that move ahead of the index and Hong Kong Stock Connect adjustments. For medium-term allocation, technology and cyclical materials remain the clear main themes. (Cailian Press)
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Huatai Securities: Hong Kong stocks' technology and cyclical consumables remain the clear main themes
Huatai Securities research report states that during the Spring Festival period, the divergence within the Hong Kong stock market increased, with AI new forces diverging from internet giants. Although consumer data showed highlights, it did not significantly boost sector performance, with gains still concentrated in technology and cyclical industries. Looking ahead, in the short term, investors are advised to be cautious of the volatility risk associated with stocks that move ahead of the index and Hong Kong Stock Connect adjustments. For medium-term allocation, technology and cyclical materials remain the clear main themes. (Cailian Press)