Group 1 - The Hang Seng Index opened up 0.83%, with the Hang Seng Tech Index rising 0.94%. Tech stocks were active, with Tencent Holdings up over 1% and Alibaba up nearly 3%. However, the new energy vehicle sector was weak, with NIO down over 5% and Xpeng down over 2% [1] - Citic Securities believes that the upcoming half-year report period will be a crucial point for the continuation of the Hong Kong stock market, shifting focus from liquidity-driven to performance-driven and policy validation phases. Stocks with better-than-expected performance and upgraded guidance are expected to benefit [1] - Industrial Securities maintains a bullish outlook on Hong Kong stocks, predicting a long-term bull market driven by increasing investor confidence, particularly among Chinese investors. The market is expected to trend upwards in the second half of the year, with potential new highs [1] Group 2 - Cathay Pacific Securities forecasts that the Hong Kong stock market will continue its bull market trend in the second half of the year, driven by incremental capital inflows and structural asset advantages. The firm notes that the total financing scale for the year may approach 300 billion HKD, while the pressure from stock unlocks is easing [2] - Huatai Securities attributes recent market corrections to adjustments in internal and external expectations but maintains that the logic of liquidity easing remains unchanged. The firm recommends focusing on sectors with improving sentiment and low valuations, particularly in technology [2] - Bank of China International reports that the Hong Kong Monetary Authority's sale of USD for HKD has minimal impact on the stock market, as these funds are primarily risk-averse. The average daily trading volume in July 2025 is projected to reach 262.9 billion HKD, a year-on-year increase of 167% [3]
港股开盘 | 恒指高开0.83% 科网股活跃
智通财经网·2025-08-13 01:33