Market Overview - The Hong Kong stock market has experienced continuous fluctuations since October, with the Hang Seng Index dropping from 27,000 points to nearly 25,000 points, a decline exceeding 2,000 points [2][4] - On October 21, the market showed signs of recovery, with the Hang Seng Index rising by 0.65% to 26,027.55 points, and the Hang Seng China Enterprises Index increasing by 0.76% to 9,302.66 points [2] Sector Performance - On October 21, most of the 12 comprehensive industries within the Hang Seng Index saw gains, particularly in industrial, non-essential consumer, and financial sectors, all rising over 1% [2] - Strong performances were noted in the electrical equipment, semiconductor, and non-bank financial sectors, with notable stock increases such as Huiju Technology up 11.65% and Ding Shi Capital up over 33% [2][3] Southbound Capital - Despite the market's adjustments, southbound capital maintained a net inflow, with cumulative net purchases exceeding 45 billion HKD as of October 20 [3] - Key stocks that saw significant increases in holdings included GCL-Poly Energy, Agricultural Bank of China, and Industrial and Commercial Bank of China, each gaining over 200 million shares [3] Long-term Outlook - The long-term upward trend of the Hong Kong stock market remains intact despite short-term volatility, with some analysts suggesting that the market's reaction to international trade tensions may be excessive [4][5] - Analysts from China Merchants Securities (Hong Kong) believe that the current adjustments in U.S. trade policies could provide a more favorable environment for the Hong Kong market in the future [4] Investment Strategy - Recommendations include diversifying investments between risk assets and safe-haven assets, focusing on undervalued sectors such as essential consumer goods, and identifying high-dividend stocks as stable investments [4][5] - The anticipated easing of U.S. monetary policy, including potential rate cuts, is expected to support foreign capital inflows into the Hong Kong market [5][6]
港股市场迎来修复 短期震荡不改长期上行趋势
Sou Hu Cai Jing·2025-10-21 22:17