00HSI

<p>CICC analysis believes that the recent sharp decline in Hong Kong stocks was triggered by the U.S. tariff policy, with the Hang Seng Index recording its largest single-day drop of the 21st century, and an overall decline of 8.5% last week. Although there is a rebound in the short term, overall market sentiment remains under pressure. It is recommended that investors consider locking in some profits or reallocating some positions to cope with market uncertainty</p>

- Following President Trump's announcement of unexpected reciprocal tariffs, China retaliated, triggering a global market risk-off sentiment that significantly impacted Chinese markets.  
- The Hang Seng Index experienced a record single-day drop of 13.2%, while the technology sector fell 17.2%, marking the largest declines since its inception in 2014.  
- Despite a subsequent rebound supported by positive signals from central authorities and record inflows from southbound funds, the overall decline for the Hang Seng Index last week reached 8.5%, the largest weekly drop since 2018.

Wallstreetcn

Hang Seng Index

FL2 CSOP HSI

CSOP HS TECH

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

CICC

XL2CSOPHSTECH

HSTECH ETF

XI2CSOPHSTECH

ISHARESHSI

Hang Seng TECH Index

FI2 CSOP HSI

CICC: Is it a good time to "buy the dip" in Hong Kong stocks?