According to a research report released by CITIC Construction Investment, the A-share market outperformed Hong Kong stocks at the end of June. The index surged past the 924 high, and trading volume exceeded RMB 3 trillion. Market expectations for a broad-based bull market in A-shares have surged, with sectors like artificial intelligence (AI) drawing significant investor interest. In contrast, Hong Kong stocks have attracted relatively less attention during this period.

However, post-September, the A-share market entered a consolidation phase, marked by increased volatility. Meanwhile, both domestic and international funds have shown a growing appetite for Hong Kong stocks. CITIC Construction Investment posits that, going forward, the advantages of Hong Kong stocks over A-shares will become even more pronounced. The firm maintains an optimistic outlook on the overall performance of Hong Kong stocks.