According to Huatai Securities's Hong Kong stock strategy, each style returns to the same running line, rotational acceleration, and balanced allocation may be the optimal solution. Since the end of July, the global market has experienced a balance between the old and new economy and the balance between hardware and software. However, it has been observed that no sector has come out of the strong main line in this round of rebalancing. Under rapid rotation, short-term capture is difficult, and the investment orientation is more scattered. After experiencing difficulties in stopping losses during a highly concentrated pullback, the current market is not once again forming a group on a certain main line, but rather choosing strong profit leaders in various industries. As far as Hong Kong stocks are concerned, the external environment stabilizes and dividend dividend rates fall, and the fastest phase of capital inflows may come to an end, but they can still play a role in risk diversification and balance. Therefore, first, dividend positions are still important, and second, the importance of stock selection is increasing. Configuration suggestions: low-wave dividend holding; focusing on mid-term reports or confirming the bottom of the business, and some retail sales; AI chains where the demand boom logic is still established, such as foundry, etc., are more of an offensive variety than a bottom position.

According to Huatai Securities's Hong Kong stock strategy, each style returns to the same running line, rotational acceleration, and balanced allocation may be the optimal solution. Since the end of July, the global market has experienced a balance between the old and new economy and the balance between hardware and software. However, it has been observed that no sector has come out of the strong main line in this round of rebalancing. Under rapid rotation, short-term capture is difficult, and the investment orientation is more scattered. After experiencing difficulties in stopping losses during a highly concentrated pullback, the current market is not once again forming a group on a certain main line, but rather choosing strong profit leaders in various industries. As far as Hong Kong stocks are concerned, the external environment stabilizes and dividend dividend rates fall, and the fastest phase of capital inflows may come to an end, but they can still play a role in risk diversification and balance. Therefore, first, dividend positions are still important, and second, the importance of stock selection is increasing. Configuration suggestions: low-wave dividend holding; focusing on mid-term reports or confirming the bottom of the business, and some retail sales; AI chains where the demand boom logic is still established, such as foundry, etc., are more of an offensive variety than a bottom position.