[CITIC Securities: Focus on Hong Kong Stock Opportunities Driven by a Weak Dollar in 2027] CITIC Securities released a research report stating that it remains vigilant regarding global stock market liquidity; however, it is paying closer attention to the Hong Kong stock opportunities driven by a weak dollar in 2027. Over the past five years, the main pricing logic for global stock markets has been based on opportunities in the AI industry chain. This logic has been consistently followed in the US, South Korean, Japanese, and Chinese stock markets. The AI industry trend is a significant factor, and the global influx of US dollars into technology stocks is also a crucial reason. In contrast, Hong Kong stocks have generally been under pressure in recent years due to factors such as technology, a strong dollar, the food delivery war, the withdrawal of southbound funds, and corporate IPOs. If the global dollar tide reverses and technology pricing takes a breather, then we can expect opportunities in Hong Kong stocks after the dollar weakens.
