【投资】这3个潜力赛道 千万别错过

Core Viewpoint - The Hong Kong stock market has shown strong performance in 2025, with the Hang Seng Index and Hang Seng Tech Index rising by 30.40% and 38.02% respectively, reaching new highs [2][4]. Group 1: Market Performance - Since the beginning of 2025, the Hang Seng Index and Hang Seng Tech Index have both reached new highs, indicating a positive market trend [2]. - The Hang Seng Index peaked at 27,058 points and the Hang Seng Tech Index at 6,461 points on September 18, 2025, marking the highest levels since July 2021 and November 2021 respectively [2]. Group 2: Investment Opportunities - The Federal Reserve's decision to restart interest rate cuts has released global liquidity, making the Hong Kong stock market an attractive investment option due to its valuation advantages [5]. - Southbound capital has accelerated its inflow into the Hong Kong market, with a cumulative net purchase exceeding 1.1 trillion HKD in 2025, providing significant liquidity support [9]. Group 3: Policy and Regulatory Environment - The latest Hong Kong Policy Address has introduced multiple measures aimed at boosting the stock market, including the establishment of an "AI Efficiency Enhancement Group" and initiatives to assist mainland tech companies in financing [12][13]. - The government is exploring various measures to optimize the market ecosystem, such as implementing T+1 settlement rules and promoting the return of Chinese concept stocks [16]. Group 4: Sector Focus - The article highlights three key potential sectors under the "Chinese technology narrative": electronics, new materials, and healthcare, emphasizing the importance of domestic substitution and technological innovation [19][21][22]. - Specific funds focusing on these sectors have shown impressive returns, with one fund in the electronics sector achieving a return of +59.01% over the past year [20].