美联储下周降息升温，港股连续两日大涨！港股通科技ETF南方(159269)涨超3%，港股通创新药ETF南方(159297)连续16日获资金净申购

Group 1 - The Hong Kong stock market has rebounded strongly, with the Hang Seng Index rising by 1.7% and the Hang Seng Tech Index increasing by 2.7% [1] - The rebound is attributed to easing trade tensions and reduced credit panic in the U.S., leading to a 2.4% increase in the Chinese concept index overnight, with Alibaba and NetEase both rising over 4% [1] - Traders are anticipating a 99% probability of a Federal Reserve rate cut next week, with another cut expected in December [1] Group 2 - Significant capital inflow into Hong Kong stocks has been observed, with over 45 billion HKD flowing in during October, marking a record high net purchase of 1.2 trillion HKD for the year [1] - The Southern Technology ETF has seen a net inflow of 1.513 billion CNY since July 25, with the lowest management and custody fees in its category [1] - The Southern Innovative Drug ETF has also experienced consistent net subscriptions since its listing on September 22, with a total net inflow of 478 million CNY and the lowest combined management and custody fees [1] Group 3 - The primary external uncertainty facing the market is the U.S.-China rivalry, which affects investor sentiment and causes short-term market fluctuations [2] - Despite short-term volatility, there is a strong possibility that the Hang Seng Index will return to an upward trend, as ongoing negotiations between the two countries keep overall risk levels manageable [2] - A potential agreement may be reached in the future, providing a favorable entry point for investors in the Hong Kong stock market after external disturbances decrease [2]