Jin Wu Financial News | Guoyuan International said that overall, the Federal Reserve announced interest rate cuts and began a cycle of interest rate cuts, which is substantially beneficial to the Hong Kong stock internet sector. Due to the easing of market liquidity brought about by interest rate cuts, it is conducive to international capital flows to assets with higher risk appetite. In the future, the Hong Kong stock internet sector is at the bottom of history. In the future, performance growth will be driven by cost reduction and efficiency and technological iteration, and the margin of safety will continue to increase. Currently, the main line of investment should still revolve around the implementation of the AI scenario and the recovery of consumption.
The bank suggests focusing on targets related to consumer recovery, including Reading Group (00772), Lien Digital (02598), Meituan (03690), Chizicheng Technology (09911), and Tencent (00700). US stocks suggest focusing on targets related to consumer recovery, including Doordash (DASH), Booking.com (BKNG), Spotify (SPOT), and SEA (SE).
