Xin Lang Cai Jing·2025-09-10 12:52Group 1 - The Hong Kong stock market continues to strengthen, with the Hang Seng Index rising 1.01% to surpass the 26,000-point mark, marking a four-day winning streak [2][5] - Major technology stocks have driven the market upward, with JD.com up 3.6%, Baidu up 2.8%, Meituan up 2%, Tencent up 1%, and Alibaba up 0.6% [3][5] - The Hang Seng Technology Index increased by 1.27%, closing at 5902.69, with notable gains from Bilibili, Lenovo, and JD.com [4][6] Group 2 - The financial sector also saw significant gains, with notable increases in bank stocks, particularly Agricultural Bank of China, which rose by 3.5% [5] - Other sectors such as semiconductors, entertainment, real estate, consumer electronics, telecommunications, and coal also experienced upward movement, while sectors like steel, photovoltaic, and lithium battery stocks faced declines [5][6] - The overall trading volume was 288.21 billion HKD, with a short-selling amount of 32.935 billion HKD, representing 11.43% of the total trading volume [5] Group 3 - The market is experiencing a structural rally, with technology and financial sectors leading the charge, while other sectors show mixed performance [5][7] - Tencent and Alibaba have reached near four-year highs, with Tencent's stock price at 633.50 HKD, approaching its historical high of 701 HKD [7] - Recent inflows into the Hang Seng Technology ETF indicate a growing interest, with over 3 billion HKD net inflow in the past month [7] Group 4 - Foreign investment in the Hong Kong market is showing a structural preference, particularly in technology, finance, and certain consumer and manufacturing sectors, driven by expectations of interest rate cuts by the Federal Reserve [9]