CSC Financial: The AI industry will continue to drive the growth of technology sectors in A-share and Hong Kong stock markets.

According to a research report by CITIC Securities, the price of gold will continue to rise. The US Dollar Index will remain weak; the Federal Reserve’s interest rate cuts will drive down US Treasury bond yields; and the US stock market will continue to be supported by loose liquidity. The renminbi exchange rate against the US dollar is expected to appreciate slightly; government bond yields will remain near their peak in the short term; and both the A-share and Hong Kong stock markets will continue with the 'New Four Bulls' trend, remaining stable with an upward trajectory. The internationalization of the renminbi, the development of AI infrastructure, and AI-related international trade will accelerate and reinforce each other, reshaping the landscape, which will have a positive and far-reaching impact on the economy and markets. The AI industry will continue to lead rapid growth in China’s related technology sectors and further drive the upward momentum of the tech sectors in the A-share and Hong Kong stock markets.