每日投资策略：市场续观望贸易战，后市不容乐观

Market Overview - The Hang Seng Index closed at 26,585.06, up 97 points or 0.37% after a four-day decline[3] - The market experienced a trading volume of HKD 2504.51 million, with a net inflow of HKD 139.3 million from northbound trading[3] Economic Insights - Manulife Investment Management maintains a "neutral" rating on Hong Kong and China stocks, favoring Chinese stocks for potential investment opportunities due to positive GDP data[6] - The Chinese economy shows signs of stabilization, particularly with easing tensions in US-China relations, despite slightly weaker domestic consumption[6] Sector Performance - Among 88 blue-chip stocks, 51 saw gains, with notable increases in tech stocks like Kuaishou (up 3.6%) and Baidu (up 3.3%) while Netease fell by 3.7%[3] - The best-performing funds included Greater China, Asian, and Hong Kong stock funds, rising by 6%, 5.7%, and 5.3% respectively, indicating strong market momentum[8] Interest Rate Expectations - Expectations for three interest rate cuts in the US this year, with the first anticipated before the Federal Reserve chair change in May[7] Corporate Developments - Vanke's bond extension proposal received over 90% approval from bondholders, allowing for a partial principal repayment extension[10] - China Longgong expects a net profit increase of over 23% year-on-year, driven by steady sales growth and improved product margins[11]