Hong Kong stocks had a strong start in October, with the technology and consumer sectors continuing to perform well
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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
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