Huaxi Securities: It is expected that the Hong Kong stock market will experience further pressure in the digestion phase.

Jin10 data June 23 news, Huaxi Securities pointed out that the Hong Kong stock market is expected to undergo further pressure trend during the digestion phase, with some previously overheated assets realizing further profitable positions. The cumulative rise in the first half of this year has been relatively large, and the crowded institutional Hong Kong stock assets are likely to experience further pullback in the future. For some time to come, it is still not recommended to chase the price without differentiation. Currently, the Hong Kong stock market has not yet formed a comprehensive bull run or a phase of non-differentiated rise. If there are no external or other objective factors affecting it, after the digestion phase pressure in the future, there will be structural opportunities for buy low in the local low-valued assets in the Hong Kong stock market that have low valuations, good fundamentals, and minor impacts from trade issues.