港股收评：恒指收复23500点关口，石油、军工等避险板块走低

Market Overview - The Hong Kong stock market experienced a rebound with the Hang Seng Index rising by 1.26% to close at 23,530.48 points, ending a three-day losing streak [1][2] - The Hang Seng China Enterprises Index and the Hang Seng Tech Index increased by 1.38% and 0.88%, respectively [1] Sector Performance - Major technology and financial stocks contributed significantly to the market's recovery, with Tencent and Alibaba both rising by 1.5% [2][4] - Insurance stocks saw notable gains, with China Life increasing by nearly 5% and other major insurers also performing well [5][6] - Coal stocks showed strength, with Mongolian Energy surging by 8.47% and other coal companies also rising [6][9] - Semiconductor stocks remained active, with companies like Meijiaxin Holdings and Zhongdian Huada Technology rising over 6% [7][8] Specific Stock Movements - Notable gainers included Tencent, Alibaba, and Baidu, with their respective increases of 1.51%, 1.55%, and 1.36% [4][12] - Insurance stocks such as China Life and New China Life rose by 4.74% and 4.22%, respectively [5] - The banking sector saw a general uplift, with Harbin Bank rising over 4% and several other banks increasing by more than 3% [6] Investment Trends - The market is currently in a policy observation phase, with expectations of potential interest rate cuts in the second half of the year [6] - Southbound capital inflows into Hong Kong stocks reached a net purchase of 15.51 billion HKD, indicating strong interest from mainland investors [18] - Analysts predict that the overall macroeconomic environment in China, despite needing repair, presents structural opportunities for Hong Kong stocks, particularly in sectors like new consumption and AI technology [20]