China Galaxy Securities' latest research report indicates that the DeepSeek boom, coupled with unexpectedly robust consumption data during the Spring Festival, has significantly elevated investor sentiment in the near term, propelling the valuation of Hong Kong stocks upwards. Looking ahead to the medium to long term, the trajectory of Hong Kong stocks is anticipated to revert to fundamentals, with advancements in new productive forces and domestic consumption policies underpinning the steady profit growth of companies listed in Hong Kong. On the whole, the outlook for Hong Kong stocks remains optimistic, with an expected trend of rising amidst volatility. In terms of asset allocation, the technology sector continues to hold high investment value. Hong Kong consumption stocks, bolstered by domestic policies aimed at expanding domestic demand and stabilizing consumption, present low valuations and substantial upside potential. Furthermore, amidst overseas uncertainties, the high-dividend strategy for Hong Kong stocks, particularly those of central enterprises, remains enticing due to their proactive market value management.