Market Overview - The Hong Kong stock market has been experiencing a downward trend, with the index dropping to around 26,300 points after reaching 27,000 points [1][2] - The market sentiment remains cautious, and the index needs to stabilize around 26,400 points to avoid further declines, with a potential drop to 25,800 points if it fails to hold [2][3] Investment Strategies - Investors are advised to monitor the distribution of warrants, particularly the heavy positions around 25,800 points, which is a critical support level [2][4] - The current trading range for the index is suggested to be between 25,800 and 27,500 points for investment deployment [2] Stock Analysis: Xiaomi Group (01810) - Xiaomi's stock has shown weakness, dropping to a low of 35.6 HKD, with concerns about its automotive safety impacting investor sentiment [6][7] - Despite previous strong performance, the stock has fallen below key support levels, leading to cautious investor behavior regarding long-term entry points [8] - Investors are considering options like call warrants with lower entry costs to mitigate risks while betting on potential rebounds [8][9] Stock Analysis: Semiconductor Industry (SMIC 00981) - SMIC has seen a decline in stock price, currently around 34 HKD, after a peak of 94 HKD, but investor interest remains strong for rebound opportunities [10][11] - New high-leverage products have been introduced to attract investors looking for higher returns in the semiconductor sector [11][13] Stock Analysis: Pop Mart (09992) - Pop Mart's stock has shown signs of recovery after management's first buyback in two years, indicating confidence in the company's future [15][16] - Investors are encouraged to consider call warrants as a way to capitalize on potential rebounds, with specific products highlighted for their favorable terms [16][24] Resource Sector Insights - The resource sector, particularly gold and silver, is gaining attention as prices reach historical highs, with recommendations for investing in related stocks or ETFs [19][20] - Investors are advised to consider leveraged products in the resource sector to maximize returns while managing capital [20] Domestic Consumption Sector - The domestic consumption sector is expected to benefit from ongoing policies promoting local brands, with companies like Li Ning and Midea being highlighted for potential investment [23][24] - Specific warrants for these companies are suggested as viable options for investors looking to capitalize on the domestic consumption trend [24][25]