人民币强势突破！

Core Viewpoint - The article highlights the strengthening of the offshore RMB against the USD, driven by positive domestic consumption data and favorable policies, alongside a notable performance in the Hong Kong stock market, particularly in technology stocks [2][4][19]. Currency Market - On May 2, the offshore RMB appreciated nearly 1% against the USD, with the exchange rate moving from a previous close of 7.27730 to a low of 7.20850 [2][3]. - The year-to-date performance shows a decline of 1.71% for the USD against the offshore RMB [3]. Stock Market Performance - The FTSE China A50 futures rose nearly 0.5% as of May 2 [4]. - The Hong Kong stock market saw all three major indices rise, with the Hang Seng Index up 1.7% to 22,494.50 points, the Hang Seng China Enterprises Index up 1.87% to 8,227.40 points, and the Hang Seng Tech Index up 3.13% to 5,246.68 points [7][8]. Sector Performance - The technology sector led the gains in the Hong Kong market, with significant increases in stocks related to AI and the automotive industry [9]. - Notable stock performances included Horizon Robotics up 14.5%, Kingsoft up 6.74%, XPeng Motors up 6.66%, and Xiaomi up 6.31% [11]. AI Industry Developments - The AI sector is experiencing rapid advancements, with several companies releasing new models, including DeepSeek's new model with 671 billion parameters [12]. - NIO, XPeng, and Li Auto reported significant year-on-year growth in vehicle deliveries for April, with XPeng achieving a 273% increase [13][14]. Capital Inflows - In April, southbound funds recorded a net inflow of 166.67 billion HKD, with a single-day record of 35.59 billion HKD on April 9 [16]. - Year-to-date, the total inflow of southbound funds reached 605.33 billion HKD [16]. Market Outlook - Analysts expect the Hong Kong market to continue its upward trend in May, with the Hang Seng Index and Hang Seng Tech Index showing attractive valuations [19]. - There is a focus on sectors benefiting from domestic consumption policies, with recommendations to invest in technology growth and high-dividend stocks [20].