Huatai Securities: Still confident in the opportunities in the Hong Kong stock market, technology repair space may be even larger.

Huatai Securities research report suggests that looking ahead, they still have a positive view on the opportunities in the Hong Kong stock market, and the recovery space for the Hang Seng Technology Index may be even larger. In terms of specific sub-sectors, they recommend selecting industries with improving economic conditions and low valuations. 1) In the internet sector, sub-sectors such as e-commerce, local life, etc., show signs of bottoming out in terms of economic conditions with reasonable valuations; the gaming sector has a relatively high economic outlook and may offer good value for money; 2) The coal, cement, and cyclical sectors may accelerate their bottoming out due to the speeding up of the "anti-inside" trend; 3) Sectors such as social services, textiles and clothing, and airports are currently in a phase of high economic outlook and low valuations; 4) The enthusiasm for new consumption in the Hong Kong stock market remains high, but attention should be paid to the pressure from the third-quarter lifting of restrictions with relatively high valuations.