Core Insights - The Hong Kong stock market is viewed as a significant value investment opportunity due to its valuation advantages and unique sectors such as innovative drugs and international companies [1][2] - The upcoming Huashang Hong Kong Stock Connect Value Return Mixed Fund aims to capitalize on potential systemic discount recovery in the Hong Kong market, with a long-term positive outlook on both A-shares and Hong Kong stocks [1][2] Group 1: Market Outlook - The domestic demand represented by real estate and consumption is expected to stabilize gradually over the next two to three years, while the semiconductor sector is entering a capacity expansion cycle, potentially driving overall market recovery [2] - The relationship between China and the U.S. is anticipated to shift back to a "competitive cooperation" model, which may encourage foreign capital to flow back into Chinese assets [2] Group 2: Investment Strategy - The fund manager, Yu Yi, emphasizes the unique investment value of the Hong Kong market, highlighting sectors such as AI chips, innovative drugs, and international companies with global business layouts [2][3] - The fund will focus on selecting fundamentally sound and attractively valued stocks within the Hong Kong Stock Connect, adhering to a value investment approach while managing risks [3] Group 3: Fund Details - The Huashang Hong Kong Stock Connect Value Return Mixed Fund will be available for subscription from September 8 to September 24, 2025, and aims for long-term stable asset appreciation [3] - Investors can purchase the fund through various channels, including the Huashang Fund APP and official website [3]
华商基金余懿：港股或有系统性折价机遇 长期看好A+H市场
Zhong Guo Jing Ji Wang·2025-09-04 05:53