Market Overview - The Hong Kong stock market experienced a pullback on October 3, with major indices such as the Hang Seng Index and Hang Seng Tech Index declining, with the Hang Seng Index dropping over 1.1% at one point before closing down 0.54% [1][2] - The market's performance is attributed to normal profit-taking rather than negative news, indicating that the upward trend in the Hong Kong stock market is not over [4] Stock Performance - Notable stock movements included Alibaba rising by 1.09% and Meituan by 0.28%, while Tencent fell by 0.44% and BYD and Kuaishou saw declines exceeding 3% [2] - The best-performing sectors in the market were electric equipment and nuclear energy, with China National Nuclear Corporation rising over 20%, Shanghai Electric up over 14%, and China Nuclear Technology up over 13% [5][6] Key Developments - The BEST project in Hefei, which focuses on compact fusion energy, achieved a significant breakthrough with the successful delivery of a key component, marking a new phase in its construction [7] - Shanghai Electric has been involved in delivering critical components for major projects, including the ITER project and the BEST project, indicating its strong position in the nuclear energy sector [7] Analyst Insights - Analysts suggest that despite the recent adjustments in the Hong Kong market, it remains in a trend of oscillating upward, with potential for further gains driven by positive industry news [10][11] - The market is expected to experience a "quiet season" due to the National Day and Mid-Autumn Festival holidays, with a focus on the Federal Reserve's interest rate decisions and domestic economic policies [10][11] Investment Themes - There is a shift in investment focus from crowded sectors like new consumption and banking to undervalued technology sectors, particularly those related to AI, as market participants anticipate supportive economic policies in the fourth quarter [12]
今日,港股、A50集体回调!
Zheng Quan Shi Bao·2025-10-03 10:02