According to Jinshi.com, Jinshi.com data reported on September 15 that according to CICC Strategy, the upcoming FOMC meeting of the Federal Reserve next week is undoubtedly the focus of global investors. Hong Kong stocks are more flexible than A-shares because they are sensitive to external liquidity and Hong Kong follows the interest rate cut under the linked exchange rate arrangement.

At the industry level, growth stocks that are sensitive to interest rates (biotechnology, technology hardware, etc.), sectors with a high proportion of overseas dollar financing, local dividends from Hong Kong stocks and even real estate, as well as export chains that benefit from the US interest rate cuts that boost real estate demand, may also benefit marginally.

But overall, before we see greater fiscal support, the structural market with wide range fluctuations will remain the main theme.