有色大涨？也谈谈港股的机会

Core Viewpoint - The article discusses the recent volatility in the Hong Kong stock market, particularly focusing on the surge and subsequent decline of certain stocks related to stablecoins, highlighting the risks of speculative trading and the importance of understanding market fundamentals [5][6][7]. Market Trends - The recent performance of stocks related to stablecoins has been extreme, with some stocks experiencing a 200% increase in a single day, followed by significant losses for late investors [6][7]. - The article notes that the surge in copper prices has led to increased costs for businesses, indicating a strong demand in the industrial metals market [9][10]. - The supply constraints in the global industrial metals market, due to regulations and export bans in countries like China and Indonesia, have contributed to rising prices for metals such as cobalt and nickel [12]. Macroeconomic Signals - The dovish comments from Federal Reserve Chairman Jerome Powell and the potential interest rate cuts in September are seen as positive signals for market liquidity and demand [11]. - The U.S. "Big Beautiful" bill, which extends tax cuts and increases spending, is expected to boost the global economy, despite criticisms regarding its impact on the renewable energy sector [14][15]. Investment Strategies - The article emphasizes the importance of high-dividend stocks in a low-interest-rate environment, suggesting that companies with stable dividends can serve as reliable income sources [17]. - It advocates for investing in industry leaders during market downturns, as these companies are likely to benefit from the failure of weaker competitors [18]. - The article warns against chasing market fads and highlights the potential for stable companies to provide better long-term returns [19][22].