Commentary

Telecommunications And Media Lead Gains, Digital Economy Mainline Strengthens

CSI 300 Up 2.79% A-shares continue their upward trend, with market conditions indicating that risk appetite remains in a relatively active zone. Driven by policy expectations, liquidity environment, and fundamental data, the index’s operating center of gravity has risen, and structural opportunities are continuously emerging. In terms of index performance,

Hong Kong Equities Consolidate on Low Volume Ahead Of Holiday, Policy Support Builds Momentum

Hang Seng Index Down 0.41% The Hang Seng Index(HSI) declined by 0.41% this week, while the Hang Seng Tech Index(HSTECH) fell by 0.86%. Contrary to expectations of thin trading ahead of the holiday, both indices saw increased volume on the final trading day, with HSI and HSTECH turnover rising 12.32%

Structural Opportunities Emerge in A-Shares, Telecom Sector Leads Gains

CSI 300 Up 1.95% The A-share market continues its upward trend. Current market conditions indicate that risk appetite remains in a relatively positive zone, providing a solid foundation for ongoing identification of structural investment opportunities. Major indices strengthened overall this week, though style and sectoral divergence persists. The SSE Index(000001)

Hong Kong Equities Stage Mild Rebound Amid Triple Support

Hang Seng Up 0.5% Due to New Year’s Day holiday arrangements, next week’s weekly report will be suspended for one week. As we approach the 2026 New Year, we extend our early wishes for a prosperous new journey, grand achievements, and continued success! The Hang Seng Index(HSI) rose modestly by

A-Shares Show Steady Gains Amid Supportive Global Policy Environment

CSI 300 Falls 0.28% The A-share market continues its upward trend. Market sentiment remains in a relatively positive risk-appetite zone, providing a favorable environment for sustained pursuit of structural investment opportunities. This week, major indices diverged in performance. The SSE Index(000001) rose by 0.03%, trading above its 5-day, 10-day, and

Hong Kong Equities Under Pressure As Southbound Flows Defy the Downturn

Hang Seng Falls 1.1% This week, the Hong Kong equity market faced broad pressure. The Hang Seng Index(HSI) declined by 1.1% for the week, while the Hang Seng TECH Index(HSTECH) performed even weaker, dropping 2.82%. Trading activity remained subdued: HSI’s final-day volume was 7.93% below its 50-day average, and HSTECH’s