港股 10 月 “开门红”，科技、消费板块继续强势
Hong Kong stocks surged on the first day of trading after the National Day holiday, with the Hang Seng Index rising by over 4%. The technology and consumer sectors performed strongly, with components of the Technology 50 ETF such as Meituan rising by over 11%, while Kuaishou, Li Auto, and others rose by over 7%. Guotai Junan believes that historically, the probability of Hong Kong stocks gaining positive returns during the National Day period exceeds 70%, and is optimistic about investment opportunities in Hong Kong's technology and consumer ETFs
On October 2nd, Financial 界 reported that Wednesday was the first trading day after the National Day holiday in the Hong Kong stock market, which continued to soar. The three major indexes opened high, with the Hang Seng Index rising by over 4%. Sectors such as technology and consumer goods maintained strong performance. As of 10:30, components of the Hong Kong stock market's Technology 50ETF (513980) saw Meituan-W rising by over 11%, with Kuaishou, Li Auto, SMIC International, and others rising by over 7%. Components of the Hang Seng Consumer ETF (513970) including Anta Sports, Yum China, and Mengniu Dairy saw gains of over 5%.
Guotai Junan (Hong Kong) believes that looking back at the performance of the Hong Kong stock market during the Golden Week holiday over the past 10 years, the historical probability of the Hong Kong stock market achieving positive returns exceeds 70%. In this round, as domestic economic support policies continue to be implemented and the economic outlook improves marginally, and with the overseas interest rate reduction trend confirmed, the Hong Kong stock market will first repair its valuation gap. Industries sensitive to interest rates will have greater price elasticity, including internet leaders, pharmaceuticals, and consumer goods.
They are optimistic about the resilient track of Hong Kong stocks and recommend focusing on the "Hong Kong CP": Hong Kong Technology 50ETF (513980) + Hang Seng Consumer ETF (513970) to help position in high-quality assets in the Hong Kong stock market.
The market carries risks, so investment should be approached with caution
