| 分别 5日 · 5分 15分 30分 60分 日报 周K 月K 年K + | HERE · AB · M / 2 = B I (0003) BAN | | | | | | --- | --- | --- | --- | --- | --- | | 三一重工 作品· | 0000 22.320 HW | | | | | | -24.760 " | 24.500 | AN == = 20 0 = 1.355 @0HA:0.00% | | | . . | | | 的情报价 | | | | | | | 24.000 成立即 | 1,547(税) 8.00 | | 21370 91 | 22.220 | | | 成立科 | 34.8万 最低 | | 22.220 的收 | 22.300 | | | 23,500 | 11500 0 04 | | 0.00% 10-4 | 0.00% | | | | 400图 均价 | | | | | | 23.000 | 随后家庭 == 0.974 作战举行 22.91 周股净使产 8.831 | | | | | | | 总股本 01.1亿 总市值 2032亿建元 市净年 2.52 ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 华泰证券认为，近期市场波动率上升，流动性、情绪和风险偏好是主要原因。在市场波动放大的情 况下部分投资者再度担忧转弱的经济数据与股市之间"背离"问题，我们对此并不悲观。国内资产重估主 线脉络未变，资金寻找核心资产的诉求也未变，但估值向盈利的切换和内外资的重新平衡要求配置思路 需要更加去伪存真。港股本轮调整相对A股更早、跌幅也更深，当前位置已经开始具备性价比。1、短 期资金避险和高低切可能延续，建议关注今年以来表现排名靠后的消费者服务、建筑、纺织服装、家 电。2、8月以来的第三轮重估中，部分行业涨幅有限但近期跌幅反而较大，有更大被"错杀"概率，关注 电子、医药、汽车、轻工制造等。3、港股科技近期回调较多，在风险偏好回落下对正面催化敏感度下 降，流动性环境改善后仍有重估机会。 （责任编辑：郭健东 ） ...

Core Viewpoint - The Federal Reserve has announced a 25 basis point interest rate cut, lowering the federal funds rate target range to 3.75%-4.00%, marking the second consecutive rate cut and the fifth since September 2024 [1] Group 1: Federal Reserve Actions - The Federal Reserve's cautious stance, as expressed by Powell, suggests a potential pause in rate cuts in December, indicating that the situation is "far from certain" [1] - Market reactions were significant, with traders reducing the December rate cut expectations to 65%, leading to a drop in U.S. stocks and a surge in U.S. Treasury yields [1] Group 2: Impact on Hong Kong Market - Continuous rate cuts by the Federal Reserve are generally favorable for the Hong Kong stock market, as lower interest rates alleviate liquidity pressures, particularly benefiting interest-sensitive sectors like technology and finance [1] - A potential soft landing for the U.S. economy could enhance global growth expectations, thereby boosting market sentiment in Hong Kong [1] Group 3: Investment Opportunities - Despite Powell's signals of a possible pause causing short-term volatility, the overall direction of the rate cut cycle remains unchanged, presenting a mid-to-long-term investment opportunity in Hong Kong stocks, which are currently valued at relatively low historical levels [1] - Investors are encouraged to focus on interest-sensitive, undervalued quality stocks, such as the Hong Kong Stock Connect Financial ETF (513190), while remaining cautious of volatility risks stemming from global economic uncertainties [1]