11月港股金股：静待风起青萍末

Group 1 - The report suggests that the Hong Kong stock market is entering an adjustment phase at the end of the year, but it remains in a long-term upward trend [1] - The report emphasizes a continued positive outlook on AI technology, predicting a marginal recovery in Hong Kong's EPS in the first quarter of next year [2] - There is an increased allocation towards dividend stocks due to a decline in market sentiment and a historical trend showing higher win rates for dividend stocks in November and December [2] - The report maintains a favorable view on innovative pharmaceuticals, citing benefits from potential Federal Reserve interest rate cuts and a clear trend in the innovative drug industry [2] Group 2 - The report lists a selection of "golden stocks" with detailed financial metrics, including Alibaba, XPeng Motors, CICC, Shenzhou International, Innovent Biologics, Kelun-Biotech, 3SBio, Gree Power, Sinopec, and Guoquan [3][8] - Alibaba is highlighted for its leadership in AI and cloud computing, with significant revenue growth expected from its cloud business [11][12] - XPeng Motors is projected to achieve substantial revenue growth, with a focus on developing a platform for mass-market vehicles [17][19] - CICC is expected to benefit from a recovering IPO market and increased trading activity, enhancing its competitive position in investment banking and wealth management [24][26] - Shenzhou International is anticipated to see sales growth driven by strong demand from major clients like Adidas and Nike [30][32] - Innovent Biologics is expected to achieve profitability in 2025, with a strong pipeline of innovative drugs [35][40] - Kelun-Biotech is advancing its clinical trials and commercialization efforts, maintaining a positive outlook [44][46] - 3SBio is positioned for growth with its innovative drug pipeline and international expansion [48][50] - Gree Power is expected to improve its financial performance through increased cash flow and dividend potential [52][56] - Sinopec is focusing on upstream exploration and development, with a strong outlook for its natural gas segment [60][62] - Guoquan is experiencing improved same-store sales and expansion in rural areas, indicating strong operational capabilities [66][68]