---
title: "華泰證券港股策略：科技和週期耗材仍是清晰主線"
description: "華泰證券研報指出，春節期間港股市場出現分化，AI 新勢力與互聯網巨頭走勢相反，消費數據雖亮眼但未能顯著提振板塊表現，漲幅主要集中在科技和週期行業。短期內，投資者需警惕指數和港股通調整帶來的個股波動風險；中期來看，科技和週期耗材仍是主要投資方向。"
type: "news"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/276562734.md"
published_at: "2026-02-23T04:33:56.000Z"
---

# 華泰證券港股策略：科技和週期耗材仍是清晰主線

> 華泰證券研報指出，春節期間港股市場出現分化，AI 新勢力與互聯網巨頭走勢相反，消費數據雖亮眼但未能顯著提振板塊表現，漲幅主要集中在科技和週期行業。短期內，投資者需警惕指數和港股通調整帶來的個股波動風險；中期來看，科技和週期耗材仍是主要投資方向。

華泰證券研報稱，春節期間港股市場內部分化加大，AI 新勢力與互聯網巨頭走勢背離，消費數據亮點盡顯但未明顯提振板塊表現，漲幅依然集中在科技和週期行業。展望來看，短期提示投資者防範指數和港股通調整日前後相應搶跑個股的波動風險。中期配置上，科技和週期耗材仍是清晰主線。

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> **免責聲明**：本文內容僅供參考，不構成任何投資建議。