Sou Hu Cai Jing·2025-11-24 06:48Group 1 - The Hong Kong stock market rebounded on November 24, with significant gains in the internet and financial sectors, as the ESG Enhanced Index rose by 1.71% at midday [1] - Southbound capital increased its investment in the Hong Kong stock market, with a net inflow of 38.602 billion HKD last week, representing a more than 55% increase compared to the previous week, marking 27 consecutive weeks of net inflows [1] - Cathay Haitong believes that if short-term factors suppressing the Hong Kong stock market are resolved, the mid-term outlook for the market is positive due to the influx of capital and the presence of high-quality, scarce Chinese assets [1] Group 2 - The E Fund Hang Seng ESG Index (3039) tracks the ESG Enhanced Index, with the top three sectors being financials, consumer discretionary, and information technology, featuring high-quality constituent stocks [1] - As of November 21, 2025, the valuation of the ESG Enhanced Index is at a historical low, with a price-to-earnings ratio (PE_TTM) of 11.78, significantly lower than the Hang Seng Tech Index at approximately 24.29 [3] - The index also shows a price-to-book ratio (PB_LF) of 1.21, lower than the Hang Seng Tech Index's 1.58, and a price-to-sales ratio (PS_TTM) of 1.92, with a dividend yield of 2.84%, indicating strong income attractiveness among major Hong Kong indices [3]