Mei Ri Jing Ji Xin Wen·2025-11-13 02:09Core Viewpoint - The Hong Kong stock market is experiencing a short-term adjustment but remains in an upward trend, supported by positive industry news and the anticipated influx of global capital following the Federal Reserve's interest rate cuts [1]. Group 1: Market Performance - On November 13, the Hang Seng Index opened down 0.53%, the Hang Seng Tech Index fell 0.82%, and the Hang Seng China Enterprises Index decreased by 0.5% [1]. - Oil stocks led the decline, with China National Offshore Oil Corporation dropping over 2% [1]. - Major tech stocks showed weak performance, with Alibaba-W down nearly 2% and Tencent Holdings falling over 1% [1]. - In contrast, Ctrip Group-S rose by 0.96%, Xpeng Motors-W increased by 0.48%, and BYD Electronics gained 0.23% [1]. Group 2: Future Outlook - Despite the current adjustments, the Hong Kong stock market is expected to continue rising, particularly benefiting from the tech growth sector [1]. - The primary driving force behind the current upward momentum in the Hong Kong market is positive news from the industry, with a focus on sectors experiencing growth [1]. - Dongwu Securities indicates that as China's AI progress accelerates, leading tech stocks in Hong Kong still have room for recovery, maintaining a positive outlook on AI technology [1].