20231003-国都证券_香港_-每日港股导航_4页_516kb

Summary of Report: Discover China Value in Hong Kong

This report covers the Hong Kong stock market performance, global comparisons, macroeconomic data, and company updates as of October 3, 2023. The Hang Seng Index surged 25% to 17,809, reversing strong quarterly losses, with key sectors like chips showing immense gains. Global markets were mixed, with indices like the S&P 500 and Dow Jones recording modest declines. Hong Kong's macroeconomic highlights include a sharp increase in August mortgage loans and a slight drop in the Exchange Fund's assets, while China's holiday sales jumped 83% during the Mid-Autumn Festival and National Day period. Policy developments, such as support for intelligent connected vehicles, aim to boost innovation. Company news features Geely Auto's strong sales growth, Joy Luck Group's land acquisition for expansion,舜宇 Optical's share repurchase, and Viatris' drug approval application. The report underscores a positive outlook for Hong Kong's market amid broader global uncertainties, with specific investment ratings provided for selected sectors.