每日投资策略

Economic Overview - The US economy is experiencing a moderate slowdown, with May retail sales showing a rebound but below market expectations, and previous months' growth rates significantly revised downwards[13] - The Congressional Budget Office (CBO) has raised the fiscal deficit forecast for this year by 27% to $1.92 trillion, indicating ongoing fiscal expansion as a key support for economic growth and US Treasury yields[13] Market Performance - The Hang Seng Index closed at 18,430, up 2.87% for the day and 8.11% year-to-date[14] - The Hang Seng Technology Index rose by 3.65% for the day, with a year-to-date increase of 1.81%[14] Sector Insights - The financial sector index increased by 2.51% yesterday, with a year-to-date rise of 7.84%[5] - The industrial sector index saw a 3.20% increase, with a year-to-date performance of 10.69%[5] - The real estate sector index, however, declined by 2.37% yesterday and is down 14.59% year-to-date[5] Stock Recommendations - Sunny Optical (2382 HK) is rated as a "Buy" with a target price of HKD 47.31, reflecting a P/E ratio of 25.9 times FY25E earnings[13] - Ideal Auto (LI US) is rated "Buy" with a target price of $26.00, indicating a potential upside of 42%[16] - Geely Auto (175 HK) is also rated "Buy" with a target price of HKD 14.00, suggesting a 52% upside[16] Capital Flows - The southbound trading under the Shanghai-Hong Kong Stock Connect recorded a net inflow of RMB 25.71 billion, while the Shenzhen-Hong Kong Stock Connect saw a net inflow of RMB 26.50 billion[7]