［6月2日］指数估值数据(关税风险再起，全球股市波动，黄金上涨)

Group 1 - The core viewpoint of the article discusses the recent fluctuations in the Hong Kong stock market, particularly in relation to tariff policies and their impact on global markets [3][10][13] - The Hang Seng Index experienced a slight decline of 0.57%, with technology stocks dropping by 0.7% [3][4] - Following a significant drop in early April due to tariff concerns, the Hong Kong market rebounded over six weeks, recovering the losses [5][6] Group 2 - The article highlights the influence of U.S. tariff policies on global stock market volatility, with recent court rulings affecting market sentiment [8][9][10] - Gold prices have shown a negative correlation with global stock markets, rising during periods of stock market volatility [13][16] - The total market value of gold is approximately 170 trillion RMB, comparable to the RMB bond market, while the U.S. stock market alone is valued at around 60 trillion USD [22][24] Group 3 - The article emphasizes the importance of understanding investment logic and maintaining patience during market fluctuations to achieve long-term gains [31][34] - It encourages investors to continuously learn and research to better navigate market volatility [32][34] - The article concludes with an invitation for readers to share their investment experiences and thoughts [36]