<p>The fourth day of the Lunar New Year is the first trading day of the Year of the Horse for Hong Kong stocks, officially marking the transition from the Year of the Snake to the Year of the Horse. The market is generally optimistic about the performance of Hong Kong stocks in the Year of the Horse, especially under the backdrop of the U.S. interest rate cut cycle and the hype surrounding artificial intelligence (AI) concepts. In the most optimistic scenario, the Hang Seng Index is expected to reach 30,000 points. The Sing Tao Daily invited four stock market experts to analyze the trends for the Year of the Horse and distribute &#34;lucky stocks.&#34; Overall, the strategies for the lucky stocks from these experts can be described as &#34;balanced in offense and defense,&#34; involving popular sectors such as consumption, AI, large models, finance, and batteries.</p>
<h2>Historical Average Return of the Hang Seng Index in the Year of the Horse: 13%</h2>
<p>Looking back at the Year of the Snake, despite the fluctuations influenced by U.S. President Trump's tariff policies, the Hang Seng Index ultimately broke free from the historically recorded &#34;Year of the Snake must fall&#34; effect, closing at 26,705 points, resulting in a total increase of 32% for the entire Year of the Snake. As for the performance in the Year of the Horse, since the Hang Seng Index was launched in November 1969, it has experienced four Years of the Horse, recording three increases and one decrease, with an upward probability of 75%. The highest increase was recorded in the Year of the Horse between 1978 and 1979, at approximately 32.11%, while the only decline occurred in the Year of the Horse between 2002 and 2003, with a drop of 14.53%. According to the Hang Seng Index company report, the average return during the four Years of the Horse was 13%, ranking 8th among the 12 zodiac years, indicating a relatively stable position.</p>
<h2>Huang Minshuo: CATL Expected to Reach 600 Yuan in the Medium to Long Term</h2>
<p>Huang Minshuo, Executive Director of Wangdao Capital and Family Asset Management, pointed out that the new chairman of the Federal Reserve will take office in the Year of the Horse, confirming the U.S. interest rate cut cycle. As the U.S. dollar continues to weaken, funds are expected to flow into Asian and Hong Kong markets. Overall, compared to the Year of the Snake, the market environment in the Year of the Horse is more positive. Additionally, Asian stock markets in Japan, South Korea, and Taiwan have already reached new highs, and funds are likely to shift to the Hong Kong and mainland markets. It is anticipated that the stock market in the Year of the Horse will have a higher probability of stabilizing and rising, with the Hang Seng Index potentially recovering to the 31,000-point level. Attention should be paid to the trends of the U.S. dollar and bond yields, as they significantly impact capital flows. Huang Minshuo's two lucky stocks are CATL (3750) and KB LAMINATES (1888).</p>
<h2>Nie Zhenbang: Lenovo AI Computers Are Promising</h2>
<p>Nie Zhenbang, Chief Analyst at Gao Ge Securities, believes that the Hong Kong stock market lacks the surprise boost that the AI wave brought by the Chinese AI startup DeepSeek provided at the beginning of the Year of the Snake. With increased risk aversion, the focus has shifted to international geopolitical issues, fluctuations in precious metals, and non-ferrous metal prices. It is expected that the rise of Hong Kong stocks in the Year of the Horse may not reach the levels seen in the Year of the Snake, but there is still a chance to test the 29,000 to 29,500 points range within the year. The short-term support is between 26,800 and 26,900 points, while if the market continues to weaken, the 26,200 to 26,300 points range will become a strong support area for Hong Kong stocks. Geopolitics will remain a core variable in the Year of the Horse, including U.S. pressure on economies like China and Europe, as well as regulatory focus on large tech companies in mainland China. The effectiveness of favorable policies in mainland China will also impact market sentiment in Hong Kong. His two lucky stocks are Lenovo Group (992) and China Resources Power (836)</p>
<h2>Liang Jiewen: Crystal International Holdings Dual AI Concept</h2>
<p>Investment manager Liang Jiewen from Hong Gao Securities pointed out that the United States has entered a rate-cutting cycle, coupled with the rapid development of global artificial intelligence, creating numerous investment opportunities. Additionally, recent stock markets in the Asia-Pacific region, such as Japan and South Korea, have reached historical highs, which will help improve the atmosphere of the Hong Kong stock market. He believes that the Hong Kong stock market can maintain an upward trend in the Year of the Horse, with the Hang Seng Index potentially reaching 29,000 points mid-year. However, attention should be paid to two major factors in the Year of the Horse: the pace of interest rate cuts by the U.S. Federal Reserve and the development of AI, as well as their impact on other industries. Liang Jiewen's recommended stocks include Hong Kong Exchanges and Clearing (388) and Crystal International Holdings (2228).</p>
<h2>Lu Bingjun: MINIMAX Not Capping Target Over 1,000</h2>
<p>Independent analyst Lu Bingjun stated that the outlook for the Hong Kong stock market in the Year of the Horse is currently not very optimistic, and attention should be paid to the possibility of the Hang Seng Index testing lower levels in the second quarter of this year. Since the fourth quarter of last year, the leading large tech stocks in the Hong Kong market have continued to perform weakly, while traditional local economic stocks such as banks and real estate have stood out, reaching new highs in many years or even historical highs. The polarization between old economy stocks and new economy stocks has led to a lack of a clear trend in the Hang Seng Index. It is expected that funds will rotate again mid-year, at which point tech stocks may outperform traditional local economic stocks. The target forecast for the Hang Seng Index in the Year of the Horse is between 25,000 and 26,000 points. Lu Bingjun has recommended two stocks, including NetEase (9999) and MINIMAX (100)</p>

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<p>On the first trading day of the Year of the Horse in the Hong Kong stock market, the market is optimistic about the trend, expecting the Hang Seng Index to reach 30,000 points. Experts analyze that the overall return for the Year of the Horse could reach 13%, and point out that CATL and KB LAMINATES are potential lucky stocks. The market environment is more positive compared to the Year of the Snake, and the possibility of capital flowing into the Hong Kong and mainland stock markets has increased, with the Hang Seng Index expected to rebound to 31,000 points</p>

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Year of the Horse Red Envelope Stocks | AI Concept Explodes, Experts Analyze Each Stock, Potential Returns Can Reach 40%, MINIMAX Expected to Become a "Golden Cow Stock"