Ge Long Hui·2025-12-19 08:24Core Viewpoint - The US CPI annual rate decline has led to a rally in US stocks, boosting risk market sentiment, which positively impacted the Hong Kong stock market with significant gains in major indices [1] Group 1: Market Performance - The Hang Seng Index rose by 0.75%, while the National Enterprises Index and the Hang Seng Technology Index increased by 0.68% and 1.12%, respectively [1] - Major technology stocks such as Tencent, Kuaishou, NetEase, Meituan, and Baidu all saw gains exceeding 1% [1] Group 2: Sector Performance - Pharmaceutical stocks were notably active, with expectations of continued growth in innovative drugs through 2026, leading to significant increases in related stocks [1] - The gambling sector experienced substantial gains, with MGM China leading the charge with a 6.6% increase [1] - The official launch of the Hainan island closure led to a nearly 7% rise in China Duty Free Group, boosting the duty-free concept stocks [1] - AI-driven demand for fiber optic cables resulted in a 12% surge in Yangtze Optical Fibre and Cable, positively affecting the optical communication sector [1] Group 3: Other Sector Movements - The automotive sector saw a rebound after a period of decline, while wind power, vocational education, photovoltaic, insurance, and Apple-related stocks all experienced gains [1] - Conversely, heavy machinery stocks faced declines, with China National Heavy Duty Truck falling over 6%, and gold stocks generally performed weakly due to lower gold prices [1] - Other sectors such as sports goods, ports and shipping, and oil stocks showed mixed performance, with some remaining sluggish [1]