智通财经网·2025-10-27 01:37Core Viewpoint - The Hong Kong stock market shows signs of volatility in the short term, but the long-term upward trend remains intact, with specific sectors, particularly technology, expected to benefit from AI narratives and structural advantages in asset allocation [1][1][1]. Market Performance - The Hang Seng Index opened up by 1.28%, while the Hang Seng Tech Index rose by 2.06%. Notable stock performances include Alibaba increasing by nearly 4%, Baidu Group and SMIC rising over 3%, and Kuaishou gaining over 2%. WuXi AppTec saw a significant increase of over 7%, with a year-on-year net profit growth of 53.27% in Q3 [1][1][1]. Analyst Insights - Dongwu Securities indicates that while recent events may lead to continued short-term volatility in the Hong Kong market, the long-term upward trend is unchanged [1]. - Guotai Junan suggests that short-term fluctuations do not alter the bullish outlook for the fourth quarter, particularly for the Hang Seng Tech Index, which has the most potential for growth [1][1]. - China Merchants Securities notes a consensus of pessimistic expectations in the Hong Kong market, influenced by anticipated fluctuations due to US-China trade tensions. However, it emphasizes that the long-term upward trend remains, advising a focus on structural themes rather than index points [1][1][1].