【CITIC: The Hang Seng Index has support at 19,000 points, but external uncertainties limit the upward potential of the index】Jin10 data, December 1st - CITIC Strategy released a research report stating that driven by the warming expectations of domestic policy and the retreat of U.S. Treasury yields and the dollar, Hong Kong stocks ended the significant adjustment of the previous two weeks last week. CITIC Strategy has recently emphasized that the 19,000 points level of the Hang Seng Index is a key support level, and the market indeed rebounded after touching this position. In the short term, the Hang Seng Index still has support at 19,000 points, but the upward space is also limited as external uncertainties remain unresolved. Therefore, in the short term, the market may hover around this position, with the possibility of moving up or down. If domestic policy exceeds expectations in the short term, the market may intermittently rise; however, from a long-term perspective of 'realistic constraints', it is advisable for investors to partially take profits and shift towards structure in such situations. However, considering that overly strong policy expectations under 'realistic constraints' are not realistic. 'Gradually layout on the left side when it's sluggish, and moderately take profits on the right side when it's exuberant' and shifting towards structure remains an effective strategy. (Source: Jin10 Data)