信达国际港股晨报快-20251009

Market Overview - The Hang Seng Index is expected to rise towards 28,000 points due to the extension of the US-China tariff truce and a more favorable trade environment with other countries [1] - Despite no improvement in corporate earnings, the resurgence of AI stocks is leading the market, with expectations of policy support ahead of the October Fourth Plenary Session [1] Sector Focus - Positive outlook for sectors such as AI, mobile devices, and biotechnology, driven by advancements in chip development and favorable market conditions [7][8] Corporate News - HSBC has proposed to privatize Hang Seng Bank at a 30% premium, offering HKD 155 per share, with no plans to increase the offer [3] - Sany Heavy Industry has received approval for its H-share issuance from the China Securities Regulatory Commission [3] - Tencent's mixed reality model ranks among the top three globally and first in mainland China [3] Economic Indicators - The US Federal Reserve's recent rate cut of 0.25% aligns with market expectations, with indications of further cuts in the remaining meetings of the year [3] - The US economy is experiencing a slowdown in job growth and a slight increase in unemployment, while inflation remains elevated [3] Trade and Investment Trends - Chinese companies have purchased USD 38 billion worth of semiconductor manufacturing equipment, highlighting the ongoing investment in advanced technology despite regulatory challenges [9] - The average daily trading volume in Hong Kong's stock market reached a record high of HKD 316.7 billion in September, reflecting increased market activity [8] Travel and Consumer Behavior - During the recent "Golden Week," over 2.4 billion trips were made within China, indicating a strong recovery in domestic travel [8] - Meituan reported a more than 30% year-on-year increase in travel orders during the National Day holiday, showcasing a rebound in consumer spending [8]