This week, Hong Kong stocks continued their upward trend, with the $HSI(HSI)$ rising 2.74%. Trade War Easing Sparks Global RallyPresident Trump hinted at a potential major shift in the trade war with China, stating that high tariffs on Chinese goods would be "significantly reduced, though not to zero."U.S. Treasury Secretary Bessent also publicly stated that the trade war with China is unsustainable, telling investors that the Trump administration's goal is to achieve trade rebalancing rather than a complete rupture or decoupling in U.S.-China relations.China's Economic Policy ShiftMeanwhile, China has exempted certain U.S. semiconductor imports from tariffs, reducing the tax from 125% to 0%, with a 13% VAT applied instead. Memory chips are tempora

This week, the Hong Kong stock market faced heavy losses, with $HSI(HSI)$ dropping 8.47%.Trade War IntensifiesLast Wednesday, the U.S. government announced "reciprocal tariffs" on Chinese imports. In response, China imposed a 34% tariff increase on all U.S. imports. This escalated trade tensions caused a global market sell-off. The HSI plummeted 13.22% on Monday, marking its biggest one-day drop since 1997.In mainland China, the ChiNext Index dropped 12.5%, the largest single-day fall in history.Government Support Amid growing panic, the Central Huijin Investment Co. reaffirmed its confidence in China's capital markets, announcing further ETF purchases. The People's Bank of China also expressed support, stating it would provide sufficient re-lendin

This week, the Hong Kong stock market saw a pullback after reaching a new high for the year. The $HSI(HSI)$ fell for two consecutive days, closing the week down by 1.13%.Economic Data and Corporate EarningsOn Monday, China’s National Bureau of Statistics released strong economic data. In January-February, retail sales of consumer goods grew 4% year-on-year, surpassing the 3.8% forecast and beating December’s 3.7% increase. Industrial output grew 5.9%, beating the 5.3% forecast, and fixed asset investment rose 4.1%, also exceeding expectations.On Tuesday after market hours, $XIAOMI-W(01810)$ reported its fourth-quarter earnings, claiming to have delivered the strongest financial results in its history. Rev

This week, the Hong Kong stock market surged before pulling back, with the $HSI(HSI)$ dropping 2.29%.Negative News Floods InThere are more signs of the US economy cooling off, increasing the risk of stagflation. First-time unemployment claims reached 242,000 last week, the highest since early December last year. The housing market is also struggling due to high prices, high interest rates, and natural disasters. In January, the number of unsold homes dropped by 4.6%, reaching a historic low. Additionally, PCE inflation was revised up to 2.7%, fueling inflation concerns once again.On Thursday, President Trump announced a 10% tariff on Chinese imports starting March 4. With a previous 10% tariff already in place, this new measure brings the total to

This week, the Hong Kong stock market continued its surge. The $HSI(HSI)$ rose 3.79%, surpassing its highest point from October 7th last year, hitting a three-year high!Key News Driving the RallyOn Monday, February 17th, President Xi attended a symposium with private business leaders and delivered an important speech. He emphasized that the government's policies on private economic development are now firmly embedded in China's socialist system. These policies will remain consistent and unchanged. The future of the private economy is full of potential, and now is the perfect time for private entrepreneurs to shine.Attendees included major figures like Robin Zeng (Chairman of CATL), Jack Ma (Founder of $BABA-W

This week, Hong Kong stocks surged, with the $HSI(HSI)$ rising 7.04% and reclaiming the 22,000-point mark, approaching the highs seen during the National Day holidays!The Catalyst: DeepSeek Breaks the AI NarrativeThe key driving force behind the rally is DeepSeek, which has completely overturned the AI narrative. The idea that Chinese AI could only follow the U.S. has been shattered, and both domestic and international funds are reevaluating tech stock investments. UBS even stated that the rise in the Chinese stock market driven by DeepSeek has only completed half of its potential!Alibaba Leads the ChargeIn AI tech stocks, $BABA-W(09988)$ is leading the way. Not only did it launch the Qwen 2.5-Max AI mode

This week, the Hong Kong stock market experienced a steady rise. The $HSI(HSI)$ climbed 2.5%, reclaiming the 20,000-point mark and closing at 20,066.19.Key Data and Market PerformanceOn Monday, Trump took the oath of office as the 47th President of the United States. Right from the start, he avoided tough rhetoric on China, expressing his willingness to visit China within his first 100 days in office and stating he would prefer not to impose more tariffs. This gives hope for improved China-US relations.On Thursday, six Chinese government departments jointly released a plan to encourage long-term capital inflows into the stock market. The policy targets large state-owned insurance companies, aiming for them to invest 30% of their new premiums in A-s

This week, Hong Kong stocks saw a strong rebound, with the $HSI(HSI)$ rising 2.73% over the week.Key Data and Market Reactions On Friday, the U.S. Labor Department reported that 256,000 jobs were added in December, far exceeding the market's expectation of 165,000. The unemployment rate dropped from 4.2% in November to 4.1%. This led to speculation that the Fed may delay interest rate cuts, which caused a drop in U.S. stocks and negatively impacted the Hong Kong market.On Wednesday, the U.S. December CPI showed a 2.9% year-on-year increase, matching expectations. Core CPI, which had been rising for months, showed signs of slowing down. The market now anticipates the Fed might cut rates by July, earlier than the previous forecast of September.Positi

This week, despite a shortened trading week due to the Christmas holidays, Hong Kong stocks saw solid gains. The $HSI(HSI)$ rose by 1.87%, reclaiming the 20,000-point mark, driven largely by strong performance in high-dividend stocks.Market OverviewThe global market was relatively quiet this week, with many overseas markets also closed for Christmas. However, the release of China’s industrial profit data for January-November 2024 showed a 4.7% year-on-year decline, with November's drop at 7.3%. Bloomberg's economic forecast was a 6% decline, so the figures came in worse than expected.In the face of weaker macroeconomic conditions, high-dividend stocks continued to attract investor interest. Agricultural Bank of China, for example, surged 5.5%, hitt