Hong Hao, the Chief Investment Officer at Lianhua Asset Management, remarked that the current short-term market fluctuations are actually creating attractive buying opportunities for investors. Lately, the Chinese stock market has been on a robust upward trajectory, and a subsequent market correction now presents an excellent entry point, especially when the Hang Seng Index hovers around the 25,000-point mark.

Hong Hao views China's move to restrict rare earth exports as a strategic countermeasure against the U.S.'s technological blockades. He anticipates that both nations might reach a consensus before the APEC summit, with the market largely optimistic—holding around a 90% confidence level—about a positive outcome.

When it comes to investment strategies, Hong Hao suggests that shifting funds from growth-oriented stocks to value stocks is a prudent approach. He also expects Chinese financial stocks to play a pivotal role in propelling the market upwards. Currently, he maintains holdings in SMIC, believing that the market is willing to assign a premium to its future earnings potential. Furthermore, he expresses a bullish stance on tech giants like Alibaba and Tencent, forecasting that their stock prices will soar to unprecedented heights.