Group 1 - The overall Hong Kong stock market experienced a pullback ahead of the Federal Reserve's interest rate decision, with the Hang Seng Technology Index down 1.32% and the Hang Seng Index down 0.84% [1] - The power sector showed gains, while passenger airlines, hotels, and resort REITs faced significant declines [1] - Popular ETFs such as the Hang Seng ETF (159920) and the Hang Seng China Enterprises ETF (159850) continued to drop, each falling around 1.5%, indicating a potential low-point buying opportunity [1] Group 2 - The U.S. September Core PCE Price Index met expectations, with a month-on-month increase of 0.2%, year-on-year increase of 2.8%, and a previous value of 2.9% [1] - According to Jianyin International, while the valuation repair of Hong Kong stocks is largely complete, the investment logic has shifted from traditional valuation repair to a revaluation based on new productive forces and high-quality development, with moderate expansion or improvement in valuation and earnings expected by 2026 [1] Group 3 - Notable investment targets include the core broad-based Hong Kong stock: Hang Seng ETF (159920), AI and platform economy: Hang Seng Technology Index ETF (513180), and focus on the development of Chinese enterprises in Hong Kong: Hang Seng China Enterprises ETF (159850) [2]