Huatai Securities Hong Kong Stock Strategy: Technology and cyclical consumables remain clear main themes.

Huatai Securities research report stated that during the Spring Festival, the differentiation in the Hong Kong stock market increased, with the new AI forces and internet giants showing divergent trends. Consumer data highlights were evident but did not significantly boost sector performance, with gains still concentrated in the technology and cyclical industries. Looking ahead, in the short term investors are advised to guard against the corresponding fluctuations in individual stocks before and after index and Hong Kong stock connect adjustments. In terms of medium-term allocation, technology and cyclical consumables remain the clear main themes.