智通财经网·2025-10-09 01:41Group 1 - The Hang Seng Index opened up 0.12%, and the Hang Seng Tech Index rose by 0.41%, with New Oriental, Meituan, and JD Group all increasing by over 1%. Hang Seng Bank surged nearly 15% following HSBC's suggestion to privatize the bank [1] - Guotai Junan Securities noted that the Federal Reserve's increasingly dovish stance is likely to improve overseas liquidity, contributing to the recent rise in Hong Kong stocks despite earnings downgrades in August and September. The firm raised its 2025 target for the Hang Seng Index to 29,000 points based on a weighted risk premium assessment [1] - Zheshang International observed that the Hong Kong stock market has shown a strong upward trend over the past five months, although the overall fundamentals remain weak. The firm maintains a cautiously optimistic outlook for the market, particularly favoring sectors like automobiles, new consumption, innovative pharmaceuticals, and technology that are expected to benefit from policy support [1] Group 2 - According to CMB International, the Hong Kong stock market continued its upward trend in September, driven by the resumption of US-China negotiations and expectations of overseas interest rate cuts. The technology sector's rotation has also provided significant support to the market [2] - The external environment remains favorable with the resumption of US-China trade talks, which has led to increased market expectations regarding progress on key issues such as tariff reductions and export controls. However, the market may enter a "quiet season" due to the National Day and Mid-Autumn Festival holidays, along with uncertainties surrounding the US government's short-term financing bill [2] - There are still divergences in market expectations regarding the timing and extent of potential interest rate cuts by the Federal Reserve, which may lead to market volatility in the short term [2]