Futu News reported on September 7 that after experiencing a slump in August, Hong Kong technology stocks rebounded strongly today. Among them, Kuaishou closed up more than 9% to lead the Hang Seng Technology Index. Since August 20, stock prices have rebounded nearly 60% from the low of August 20.

The Hang Seng Technology Index closed up 1.61% to 6887.94 points, rebounding nearly 14% from the record low of August 20.

Highlights Jun has compiled the biggest gains of some tech giants in Hong Kong stocks since August 20 for reference:

Societe Generale Securities analyst Zhang Yidong recently stated that these industrial policies surrounding the Internet and other industries may be further implemented in the fourth quarter of this year, especially around the Central Economic Work Conference. At that time, the suppression of the Hong Kong stock index market may ease somewhat, so it is hoped that Hong Kong stocks will form a trend around the end of this year.

Zhang Yidong mentioned that the “underpinning” assets of Hong Kong stocks, especially the Internet, pharmaceuticals, and some education suppressed by policies, can also look for potential differentiation opportunities within the market that were mistakenly killed or in subsequent market conditions.

CICC's recent research report also mentioned that investors are advised to pay attention to the potential rebound in some sectors that have experienced excessive sell-off and are still attractive in valuations, such as healthcare and some tech giants.