Hong Kong Stock Market Review: Pulled back

Hong Kong stocks rebounded at a critical moment, recovering most of the decline, but the market is skeptical about the sustainability of the rapid rise. Long-term funds will not blindly chase after gains, with the growth rates of the ChiNext and the STAR Market surpassing the Hang Seng TECH Index, indicating active domestic capital. Despite the recovery in sentiment, the semiconductor speculation mode may lead to subsequent issues, as stock prices have already discounted future profits in advance. Some individual stocks such as CTIHK and PaoPaoMa hit new highs, demonstrating the stability and higher visibility of the concept of Chinese companies listed in Hong Kong