Group 1 - The Hong Kong stock market, particularly the technology sector, is experiencing a decline, with the Hong Kong Technology 50 ETF (159750) down by 2.45% as of 13:32 on October 17, despite continued capital inflow [1] - There is a rising expectation for the Federal Reserve to lower interest rates, with the probability of a rate cut in the October meeting reaching 100%, including a 96.8% chance for a 25 basis points cut [3] - Analysts suggest that the anticipated easing of external liquidity could lead to an upward movement in the Hong Kong stock market, particularly in the high-volatility Hang Seng Technology index, presenting a buying opportunity for investors [3] Group 2 - Several institutions, including Changjiang Securities, believe that the Hong Kong stock market will benefit from the Federal Reserve's rate cut cycle, viewing short-term pullbacks as opportunities to increase exposure to technology sectors [3] - Guoyuan International forecasts that the Hong Kong market will maintain resilience in the medium to long term, with short-term volatility potentially providing favorable entry points [3] - Industrial analysts at Industrial Securities continue to hold a strategic bullish outlook on the technology sector, recommending patience in bottom-fishing for Hong Kong technology stocks during market fluctuations [3]