Group 1 - The global uncertainty is increasing, leading to a rise in demand for scarce and certain assets, with gold prices surpassing $4,000 per ounce [1] - The Hong Kong stock market's non-ferrous sector is leading gains, reflecting heightened risk aversion [1] - Many countries are planning to increase defense spending, which is expected to boost demand for capital goods [1] Group 2 - The US dollar continues to weaken, accelerating capital flow into emerging markets [1] - Hong Kong, as an offshore RMB center, is positioned to become a core platform for international capital diversification due to its connection with Chinese capital and low correlation with US stocks [1] Group 3 - Although there is a short-term adjustment in the Hong Kong stock market, the upward trend remains intact with a solid bottom [1] - Following the Federal Reserve's interest rate cuts, global capital is expected to flow further into the stock market, with Hong Kong stocks likely to rise in tandem, particularly benefiting the technology growth sector [1] Group 4 - The current upward momentum in the Hong Kong stock market is driven by favorable industry conditions, necessitating ongoing attention to the prosperous sectors and global industrial chain resonance [1] - Investors are awaiting more fundamental signals, with the upcoming Fourth Plenary Session's "14th Five-Year Plan" expected to influence market risk appetite [1] Group 5 - Despite potential disruptions from US tech giants affecting the trading rhythm of AI technology in Hong Kong, the acceleration of China's AI progress suggests that Hong Kong's tech leaders still have room for recovery [1]