日元加息落地，情绪修复新起点？恒生科技、港股通科技指数震荡上行

Core Viewpoint - The Bank of Japan raised interest rates by 25 basis points to 0.75%, leading to a rally in major Asia-Pacific stock indices, including the Hang Seng Tech Index [1] Group 1: Market Reaction - As of December 19, the Hong Kong stock market's technology sector showed an upward trend, with the Hang Seng Tech Index ETF rising by 1.67% and the Hong Kong Stock Connect Tech ETF increasing by over 1.74% [1] - Concerns regarding "carry trade" liquidation causing global market turmoil did not materialize, and there was no significant influx of overseas funds into Japanese equities and bonds following the yen rate hike [1] Group 2: Analyst Insights - Citic Securities indicated that the chaotic market conditions seen during the Bank of Japan's rate hike last summer are unlikely to repeat this year, as the yen is no longer the preferred funding currency for global carry trades [1] - CICC noted that the previously deeply adjusted growth sector in the Hong Kong stock market may lead the market as sentiment improves and macro uncertainties diminish, benefiting from high earnings elasticity [1]