Jingu Finance News | Guoyuan International stated that the current internet sector is in a consolidating phase and caution remains the main focus in the short term. The bank believes that the USD remains strong, combined with the release of risks of lower-than-expected macroeconomic data abroad leading to liquidity contraction in overseas markets, causing funds to flow from the Asia-Pacific and Europe to the USA market. In the short term, on one hand, Hong Kong stocks are greatly affected by external risk sentiment and fund flows, facing pressures due to fundamental data falling short of expectations and reduced risk preferences. However, on the other hand, the market is also waiting for policies to be implemented to accelerate the restoration of the economic fundamentals, therefore Hong Kong stocks are expected to remain in a volatile pattern. Hence, it is currently advisable to focus on internet sector leaders in Hong Kong stocks with high dividends, stable business, and high-growth small and medium-sized enterprises.

In the US stock market, with concerns about the extent of the Fed rate cut easing, the 'Trump trade' has become the market focus. The market expects that US President Trump, if re-elected, will implement tax reduction policies and relax regulations in his second term, which will be beneficial for the US economic recovery.