Group 1 - The Hong Kong stock market showed significant recovery on November 25, 2025, with the Hang Seng Tech Index (HSTECH) rising by 0.60% and notable increases in stocks such as Xiaomi Group-W (+4.24%) and Bilibili-W (+4.14) [1] - Multiple Federal Reserve officials expressed concerns about the labor market and suggested a potential interest rate cut in December, which may have influenced market sentiment [1] - Huatai Securities reported that recent market volatility is driven by liquidity, sentiment, and risk appetite, indicating that the current position of the Hong Kong stock market offers value [1] Group 2 - The latest price-to-earnings ratio (PE-TTM) of the Hang Seng Tech Index is 21.45, which is at a historical low, being below 80.37% of the time over the past five years [2] - As of November 24, 2025, the top ten weighted stocks in the Hang Seng Tech Index include Alibaba-W, Tencent Holdings, and Meituan-W, collectively accounting for 69.58% of the index [2]
美联储降息预期升温,恒生科技ETF嘉实(159741)聚焦港股科技成长龙头标的
Sou Hu Cai Jing·2025-11-25 05:49