瑞银：重视南向资金增加带来的港股机遇

Core Viewpoint - UBS Wealth Management's Investment Office highlights the increasing southbound capital flow through the Hong Kong Stock Connect amid ongoing tariff and trade tensions, indicating a positive outlook for certain sectors in the Chinese market [1] Group 1: Southbound Investment Trends - In the first half of this year, the southbound investment turnover through the Shanghai-Hong Kong Stock Connect accounted for 23% of the total turnover in Hong Kong stocks, compared to 18% projected for 2024 and only 9% in 2020 [1] Group 2: Sector Performance Outlook - UBS emphasizes that with new favorable factors emerging, Chinese technology stocks are likely to continue performing well, particularly in the online gaming, cloud services, online travel, and electric vehicle sectors [1] - There is an expectation of increased southbound capital inflow into growth-oriented and high-dividend stocks, especially in state-owned enterprises within the financial, telecommunications, energy, and utilities sectors [1]