兴业证券：港股情绪指数已到底部区域

Core Insights - The report from Industrial Securities indicates that the Hong Kong stock market has reached a level that warrants significant attention [1] Group 1: Market Sentiment - The Hong Kong stock sentiment index has decreased by over 24.5% week-on-week to 39.9%, reverting to the level seen on December 19 of the previous year [1] - The sentiment index has fallen below the rolling one-year average by 1.5 standard deviations [1] Group 2: Market Dynamics - The short-selling ratio has increased to 17.5% over the past five weeks, placing it in the 93rd percentile for the past year [1] - Contributing factors to the weakened sentiment include a decline in the RSI, the percentage of Hang Seng Index constituent stocks reaching 60-day highs, and a drop in the trading volume of small and mid-cap stocks [1]