Surge of over 400 points! The Hong Kong Hang Seng Index hits a four-year high

On the morning of the 2nd, the Hong Kong Hang Seng Index opened up 62 points at 26,918 points, and in the early session, the increase surged sharply, rising by as much as 469 points to a high of 27,325 points, setting a new four-year high. In the afternoon, the Hang Seng Index rose nearly 500 points at one point. The Hang Seng Tech Index also reached 6,650 points, marking a near four-year high. In terms of individual stocks, international gold prices continued to hit new highs, leading to a heated speculation in gold mining stocks. ZIJIN GOLD INTL continued its upward momentum on the second trading day, rising by about 15% again. In the tech sector, Alibaba continued its upward trend from the past few days, rising by about 4% again. On that day, BOCOM INTL released a report stating that the Hong Kong stock market is expected to continue, with strong demand from mainland investors for quality targets such as AI. The report noted that as the external environment continues to improve, market risk appetite is steadily increasing. In September, the Hong Kong stock market continued its oscillating upward trend, boosted by the dual benefits of the resumption of Sino-U.S. negotiations and expectations of interest rate cuts overseas, along with a rotation rise in the tech sector, providing significant support to the overall market. Meanwhile, China's macro policies maintain continuity and stability, with a sufficient reserve of "stabilizing growth" policy tools, which also provides fundamental expectation support for the Hong Kong stock market