光大新鸿基：恒指重回25000點框架底部，長線投資可考慮下一注

Market Performance - The Hang Seng Index (HSI) has returned to the bottom of the 25,000-point framework, indicating a potential buying opportunity for long-term investors[1] - In January, the Hong Kong stock market briefly surged to nearly 28,000 points but subsequently retraced over 1,000 points within a few days, settling back into the 25,000 to 27,000 points range[4] Investor Sentiment - The current market sentiment is characterized by fear, as many investors had anticipated a rise to 30,000 points but were met with unexpected downturns, referred to as a "black swan" event[5] - Despite a 7% decline in Japanese and Korean markets, the Hong Kong market only experienced a 2.5% drop, suggesting relative stability[5] Investment Strategy - Given the return to the 25,000-point framework bottom, it is suggested that long-term investors consider making additional investments at this level[5]