港股市场速览：创新药持续走强，互联网回归涨势

Investment Rating - The report maintains an "Outperform" rating for the Hong Kong stock market [4] Core Insights - The Hong Kong stock market has shown a positive trend with the Hang Seng Index and Hang Seng Tech both increasing by 2.2% this week, indicating a strong performance in the innovation drug and internet sectors [1][12] - There has been a significant inflow of funds into Hong Kong stocks, particularly in the media and pharmaceutical sectors, with an average daily fund strength of +7.4 million HKD, a notable increase from the previous week [2] - Earnings per share (EPS) expectations for the Hong Kong stock market have been revised upward by 0.3%, with the electronics sector leading the revisions [3] Summary by Sections Market Performance - The Hang Seng Index closed at 23,793, reflecting a weekly increase of 2.2% and a year-to-date increase of 18.6% [12] - The performance of various sectors shows that the innovation drug sector rose by 6.1%, while the internet sector increased by 3.5% [1] Fund Flow Analysis - A total of 23 sectors experienced fund inflows, with media and pharmaceuticals seeing the highest inflows of +1.9 million HKD and +1.4 million HKD per day, respectively [2] - The sectors that faced outflows included transportation and home appliances, each with a daily outflow of -0.1 million HKD [2] Earnings Forecast - The overall EPS forecast for the Hong Kong stock market has been adjusted upward by 0.3%, with the electronics sector seeing a 1.1% increase in EPS expectations [3] - The steel sector, however, faced a significant downward revision of -7.7% in EPS expectations [3]