Market Overview - The Hong Kong stock market experienced fluctuations, with the Hang Seng Index closing at 23,831 points, down 145 points or 0.61% [1] - The market turnover decreased to 82.799 billion, with net inflows of 484 million from the Stock Connect [1] - The US stock market saw a collective rise in major indices, with the Dow Jones up 0.14%, Nasdaq up 1.38%, and S&P 500 up 0.79% [2] Sector Performance - In Hong Kong, local real estate, software, and 5G sectors faced significant declines, while gold stocks performed well [1] - In the US, large tech stocks saw gains, with Tesla rising over 3% and Micron Technology increasing by over 10% [2] - The semiconductor and storage sectors showed strong performance, indicating a positive trend in technology-related stocks [2] Investment Opportunities - The report highlights the attractiveness of undervalued high-dividend sectors in Hong Kong, suggesting a focus on technology sectors such as artificial intelligence, semiconductors, and industrial software [3] - Companies benefiting from anticipated Federal Reserve interest rate cuts and strong mid-term performance in upstream non-ferrous metals are recommended for investment [3] - The report emphasizes the potential for long-term growth in leading companies within the technology sector, particularly those involved in AI and robotics [3] Company-Specific Insights - China International Marine Containers (CIMC) plans to repurchase up to 300 million HKD of H shares, indicating a strategy to stabilize its stock price [9] - Baidu is noted for its advancements in AI and autonomous driving, with a projected revenue of 32.713 billion RMB for Q2 2025, despite a slight year-on-year decline [10] - Tencent and Alibaba are experiencing varied stock performances, with Tencent showing resilience while Alibaba faces challenges [16]