Liu Gang, Chief Overseas and Hong Kong Stock Strategy Analyst at CICC: Hong Kong Science and Technology Welcomes Gradual Layout Opportunities on the Left Side.

According to Securities Times, reporters recently interviewed Liu Gang, Managing Director and Chief Overseas and Hong Kong Stock Strategy Analyst at China International Capital Corporation Limited. Liu Gang believes that in the short term, the price-to-earnings ratio of the Hang Seng Tech Index has already fallen below one standard deviation from the average, and the RSI indicator may already be in oversold territory, making it somewhat attractive. For some investors, the current valuation and market sentiment of the Hang Seng Tech Index have provided an opportunity for gradual investment on the left side. Looking ahead, the opportunity for Hong Kong stocks to outperform other markets again comes from three conditions: expectations of loose monetary policy by the Federal Reserve, the return of unique structural features of Hong Kong stocks to market hot spots, and weakness in A shares driving inflows of Southbound funds.