0915港股日评：南向流入，迎头赶上-20250915

Group 1 - The core viewpoint of the report highlights that on September 15, 2025, the Hong Kong stock market saw a total trading volume of HKD 290.19 billion, with net inflows from southbound funds amounting to HKD 14.473 billion. The three major stock indices in Hong Kong experienced an upward trend, primarily driven by macroeconomic factors, including a meeting between China and the U.S. in Madrid on September 14, 2025, discussing trade issues, which boosted market sentiment [1][4][7] - The report indicates that the market anticipates a 100% probability of a Federal Reserve rate cut in September, with a 94.2% chance of a 25 basis point reduction, which is expected to enhance global liquidity and positively impact the Hong Kong stock market [1][4][7] - The report notes that the Hong Kong stock market is expected to reach new highs, driven by three core directions: the potential growth in AI technology and new consumption, continuous inflows of southbound funds, and the impact of U.S. rate cuts on global liquidity [7][8][9] Group 2 - In the Hong Kong stock market, the Hang Seng Index rose by 0.22% to 26,446.56, the Hang Seng Tech Index increased by 0.91% to 6,043.61, and the Hang Seng China Enterprises Index gained 0.21% to 9,384.76. In contrast, the Hang Seng High Dividend Yield Index saw a decline of 0.16% [4][7] - The report highlights that within the industry sectors, the top performers included Comprehensive (+7.69%), Coal (+2.45%), and Power Equipment & New Energy (+2.24%), while the worst performers were Steel (-1.58%), Light Industry Manufacturing (-1.47%), and Nonferrous Metals (-1.18%) [4][7] - The report also mentions that the automotive sector benefited from a new initiative by the China Automotive Industry Association aimed at standardizing payment practices, which is expected to support small and medium enterprises and stabilize the industry chain [7][8]