Group 1 - Hong Kong internet concept stocks showed strong performance in early trading, with Baidu Group-SW rising over 8%, Alibaba-W and SenseTime-W increasing over 5%, and NetEase-S, Tencent Holdings, and JD Group-SW gaining over 2% [1] - The Hang Seng internet-related ETFs also rose by more than 2% due to market sentiment [1] Group 2 - Institutions indicated that with marginal improvement in macro expectations and favorable policies, the risk appetite in the Hong Kong equity market continues to rise, suggesting a potential systematic recovery in the internet sector [2] - Factors such as expectations of a Federal Reserve interest rate cut, deregulation in the US financial sector, and adjustments in the duration of government bonds contribute to a further decline in the US dollar index, indicating improved global financial conditions [2] - This environment provides further appreciation potential for Asian currencies, particularly the Renminbi, enhancing the attractiveness of the Hong Kong market to foreign capital [2]