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Hong Kong stock diary!

$Hang Seng Index(800000.HK)$
In the first week of the year, both A-shares and Hong Kong stocks got off to a good start, but the pace of trends in the two places was not the same. The A-share Shanghai Composite Index closed slightly higher for 5 consecutive days. The GEM market held back up first, while the Hong Kong stock market moved up first and then held back.
Looking back at the trend since the rebound at the end of October '22, it is clear that although the three indices bottomed out at the same time, the pace of increase was not exactly the same. The strongest trend was the $Hang Seng Index (800000.HK) $, which rebounded sharply upward by 50%, followed by the $Shanghai Composite Index (000001.SH) $. The biggest rebound was more than 300 points, more than 10%. The weakest was the $GEM Index (399006.SZ) $. After the first wave of sharp decline and rebound, it fluctuated repeatedly and did not break through the box.
For 2023, all institutions' expectations point to economic recovery and a reversal in the stock market. The general direction is fine, but the hardest part is grasping the rhythm and style. In the current A-share market, with more than 5,000 listed companies, it is difficult to break out of the general upward trend of the previous bull market; it is more of a structured market. Therefore, there will also be rotation in style. In the first quarter valuation repair market, the one that has the upper hand will be the value style. This can be seen by comparing the strength and weakness of the Shanghai Stock Exchange 50 and the Shanghai and Shenzhen 300. Shareholders can ask any questions in the comments section. $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$  
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