港股突发！刚刚，重大调整！

Core Viewpoint - The Hang Seng Index Company announced adjustments to multiple indices, including the inclusion and exclusion of various stocks, which will take effect on December 8, 2023 [2][3]. Index Adjustments - The Hang Seng Technology Index will include Li Auto and exclude ASMPT, maintaining a total of 30 constituent stocks [2]. - The Hang Seng China Enterprises Index will add China Hongqiao, Innovent Biologics, and Yum China while removing New Energy, Haidilao, and New Oriental [2][3]. - The Hang Seng Composite Index will increase from 503 to 509 constituent stocks, adding companies such as FWD Group and Hesai Technology [2]. Market Performance - The Hong Kong stock market has experienced a continuous decline, with the Hang Seng Index dropping by 2.38% and the Hang Seng Technology Index by 3.21% on November 21 [4]. - Notable individual stock declines include JD Health down 8.6% and Xinyi Solar down over 7% [4]. Future Market Outlook - UBS expresses a positive outlook for the Hong Kong market, predicting a growth period supported by low interest rates and a weakening dollar, with a target for the MSCI Hong Kong Index set at 12,300 points by the end of 2026 [5][6]. - CITIC Securities anticipates continued inflow of southbound funds into Hong Kong stocks, particularly through ETF channels, benefiting from the complete AI industry chain and the listing of quality A-share companies in Hong Kong [6]. - The market is expected to experience a second round of valuation recovery and performance resurgence by 2026, with recommendations for investment in technology, healthcare, resources, consumer staples, and sectors benefiting from RMB appreciation [6]. Performance Metrics - In the first ten months of the year, the Hang Seng Index rose by 29.15% and the Hang Seng Technology Index by 32.23% [7]. - The potential return for the Hang Seng Index in a neutral scenario for the next year is estimated at 22.92%, with an optimistic scenario reaching 33.83% [7].