Market Performance - The Hong Kong stock market saw a positive trend with the Hang Seng Index rising by 0.141%, the Hang Seng China Enterprises Index increasing by 0.497%, and the Hang Seng Tech Index up by 0.74% as of the market close [1] - Southbound funds recorded a net inflow exceeding 24.9 billion HKD [1] Sector Performance - Strong performance was noted in sectors such as new energy vehicles, aviation, telecommunications, biomedicine, domestic banks, and logistics [1] - Conversely, sectors like non-ferrous metals, commercial aerospace, optical communications, semiconductors, and photovoltaic solar energy experienced declines [1] Notable Stocks - Tech stocks showed recovery in the afternoon, with Lenovo rising over 3%, Xiaomi and Baidu increasing by more than 2%, and Meituan up by over 1% [1] - Gold stocks generally fell, with Chifeng Jilong Gold Mining dropping over 5% [1] Company Announcements - Baidu announced a new share repurchase plan, allowing for the buyback of up to 5 billion USD of its shares, effective until December 31, 2028 [3] - The board of Baidu also indicated plans to announce its first dividend by 2026, supported by sustainable funding sources [3] Market Outlook - Huazhang Fund noted a significant style rotation in the market, highlighting a "seesaw" effect between the previously strong tech growth sector and dividend value styles [3] - The fund emphasized the attractiveness of dividend stocks due to their high yield and low valuation, alongside expectations of a cyclical recovery and demand from long-term capital [3]