Group 1 - The Hang Seng Index opened up by 1.59%, and the Hang Seng Tech Index rose by 1.9%, indicating a strong performance in tech stocks, with notable gains from Hua Hong Semiconductor (over 4%), Baidu Group (over 3%), and SMIC (over 2%) [1] - According to Bosera Fund's macro strategy department, the Hong Kong stock market is currently benefiting from liquidity, but there is uncertainty in the fundamentals. The improvement in the price level by 2026 may be a key variable for market direction [1] - Noah Fund suggests that the mid-term trend of the Hong Kong stock market remains unchanged, supported by net inflows from southbound funds and the ongoing connectivity initiatives [1] Group 2 - The Hengsheng Qianhai Hong Kong Stock Connect Value Mixed Fund believes that short-term deleveraging and liquidity shocks may not alter the mid-term trend. The attractiveness of current market valuations is gradually becoming evident, and the market may trend upwards amidst fluctuations [1] - Factors affecting the pricing of the Hong Kong market, including corporate earnings on the numerator side and liquidity factors on the denominator side, are expected to see marginal improvements [1] - The relatively low valuation levels are likely to provide a buffer against external volatility and make the Hong Kong market more sensitive to potential growth recovery and policy signals, thus offering greater elasticity [1]
港股开盘 | 恒指高开1.59% 科网股走强 华虹半导体(01347)涨超4%