iFast: There may be an opportunity for Hong Kong stocks to test 18,500 points; the stock selection strategy remains focused on high-yield Chinese stocks

iFast expects that the Hong Kong stock market may test 18,500 points in the short term, with a stock selection strategy focused on high-yield Chinese stocks, especially in the telecommunications sector. The Federal Reserve's stance on interest rate cuts will be a key factor, with the current probability of a 0.25% rate cut at 59%. If the Federal Reserve skips the rate cut, the renminbi may weaken, putting pressure on the Hong Kong stock market. The number of rate cuts next year will also affect capital flows