Group 1 - The Hang Seng Index opened up 0.43%, and the Hang Seng Tech Index rose by 0.88%. The automotive and non-ferrous metal sectors showed strong gains, with Xpeng Motors increasing by 5.12% and Ganfeng Lithium rising by 3.93% [1] - CITIC Securities indicated that after a one-sided rise in September, the Hong Kong stock market has experienced a volatile adjustment in October due to fluctuating overseas macro expectations. Quality assets in the Hong Kong market have re-entered a high cost-performance zone, supported by continuous northbound capital allocation, profit expectation recovery, and an improving macro environment towards year-end [1] - Huatai Securities noted that the market is still in a left-side layout phase, with the right-side turning point not yet clear. There is strong consensus on an early spring rally, but year-end supply and demand pressures create uncertainty for a "Santa rally," suggesting that the first quarter may present a higher probability phase for gains [1] Group 2 - China Galaxy suggested focusing on the technology sector as a long-term investment theme, which has seen a valuation decline after previous adjustments. With multiple favorable factors, a rebound is expected [1] - The consumption sector is anticipated to receive significant policy support, and current valuations are relatively low, indicating substantial long-term upside potential. Future attention should be paid to the implementation of policies and improvements in consumption data [1]
港股开盘 | 恒指高开0.43% 新能源汽车等板块领涨 小鹏汽车(09868)涨超5%