[Huatai Securities: Optimistic about opportunities in the Hong Kong stock software industry] Jinshi Data reported on October 4 that the Huatai Securities research report believes that the core contradiction of the current Hong Kong stock software lies in the lack of liquidity in the Hong Kong stock market, which makes the valuations of these software companies fluctuate greatly. Since 2020, the Hong Kong stock software sector has fallen by an average of 72%, and its valuation is at a low level. From a fundamental point of view, the fundamentals of Hong Kong software companies may have bottomed out in the past two years, and the growth rates of revenue and net profit have declined to varying degrees. Huatai Securities believes that as the Federal Reserve enters the interest rate cutting cycle, the country launches a series of aggressive monetary policies such as reserve requirement ratio and interest rate cuts, and announces innovative policy tools to activate the stock market. Liquidity at home and abroad may significantly improve, and market sentiment continues to boost. Hong Kong stock software is expected to usher in a periodic rise in the market. (Reprinted from: Jinshi Data)