Huatai Securities: Hong Kong Stock Market Maintains Bullish Outlook, with Tech Sector Poised for Stronger Recovery
1 week ago / Read about 0 minute
Author:小编   

According to Huatai Securities' latest research report, the Hong Kong stock market continues to present an optimistic outlook, with particular emphasis on the Hang Seng Technology sector, which holds significant potential for a robust recovery. In terms of sector allocation, the report advises focusing on industries experiencing improved prospects and trading at attractive valuations. Within the internet sector, the e-commerce and local lifestyle segments have exhibited signs of reaching a trough, coupled with reasonable valuation levels. The gaming sector remains highly prosperous and offers excellent value. Additionally, sectors such as coal, cement, and cyclicals may accelerate their recovery due to the escalating "anti-involution" trend. Social services, textile and apparel, airlines and airports, among others, are noted for their low valuations and high prosperity. While the new consumption sector in Hong Kong stocks maintains its robust performance, investors should be mindful of the potential pressure from share unlocking in the third quarter. Huatai Securities underscores the significance of the Hong Kong stock technology sector, which sits at the nexus of prosperity recovery and low valuations. This sector has garnered consensus among both domestic and foreign investors, and its composition, predominantly of large-cap leading companies, makes it an ideal choice for institutional investors seeking to adjust their portfolios.