港股市场速览：行业表现分化，汽车表现亮眼

Investment Rating - The report maintains an "Outperform" rating for the Hong Kong stock market [4] Core Insights - The automotive sector shows strong performance with a weekly increase of 7.1%, while the biotechnology sector has underperformed with a decrease of 2.3% [1][2] - Overall, 17 industries experienced gains, while 13 saw declines, indicating a mixed performance across sectors [1] Summary by Sections Market Performance - The Hang Seng Index rose by 0.6%, and the Hang Seng Composite Index increased by 0.4% [1] - Large-cap stocks outperformed small-cap and mid-cap stocks, with the Hang Seng Large Cap Index up by 0.7% [1] Valuation Levels - The valuation of the Hang Seng Index increased by 0.2% to 12.3x, while the Hang Seng Composite Index valuation decreased by 0.4% to 12.3x [2] - The automotive sector's valuation rose significantly by 7.3% to 15.7x, while the biotechnology sector's valuation fell by 2.3% to 30.0x [2] Earnings Expectations - The earnings per share (EPS) for the Hang Seng Index increased by 0.3%, and the Hang Seng Composite Index EPS rose by 0.7% [3] - A total of 26 industries saw upward revisions in EPS, with the coal sector experiencing the largest increase of 11.3% [3]