Core Viewpoint - The Hang Seng Index rose by 1,012 points last week, indicating optimism among overseas investors regarding market prospects. The Hong Kong stock market has outperformed the US market this year, leading foreign capital to gradually absorb Hong Kong stocks to avoid further losses [1] Group 1: Market Outlook - The market is expected to remain positive until the end of next year, but with the index having risen for five consecutive months, there may be opportunities for profit-taking as investors reassess their portfolios, making the current risk-reward ratio less attractive [1] - The recent increase in investment recommendations for technology stocks by sell-side analysts suggests promising industry developments, particularly with major US tech companies investing in data centers and power plants, which raises expectations for similar growth opportunities in China, benefiting the entire AI supply chain [1] Group 2: Sector Analysis - New consumer stocks in the Hong Kong and A-share markets have accumulated significant gains, leading to a lack of short-term investment appeal [1] - Investors are encouraged to consider other Asian markets, such as Taiwan, for potential opportunities [1] - The selection of a new Prime Minister in Japan may provide important insights for the Japanese stock market [1] Group 3: Economic Indicators - The anticipated government shutdown in the US is expected to have a limited direct impact on the US stock market, while other data indicates a weakening labor market, suggesting a high likelihood of interest rate cuts by the Federal Reserve in October [1]