Hong Kong innovative-drug names extended gains; JOINN Laboratories (06127.HK) rose over 5%, WuXi AppTec (02359.HK) rose over 3%, while 02696.HK and 02162.HK also advanced.

Huatai Securities says last week’s Fed rate outcome triggered a tech-led rebound as short-term overseas liquidity uncertainty eased, creating a rebound window; techs previously depressed by external liquidity expectations are likeliest beneficiaries. Weak Chinese activity and credit data, narrower earnings-repair breadth and cautious positioning ahead of the National Day holiday limit upside, so the firm maintains a view of a rebound rather than a trend reversal. Mid-term structural opportunities remain but with narrower breadth and a more neutral bias. Recommended positioning: raise exposure to tech where external pressure eases, innovative drugs and under‑allocated parts of the chemicals chain; keep dividend stocks as core holdings to damp volatility.

【俄稱將加強對基輔軍事目標打擊力度】俄羅斯國防部9月20日發佈公告稱，爲干擾俄羅斯國家杜馬（議會下院）選舉，烏克蘭於9月19日至20日使用無人機和“火烈鳥”巡航導彈發動大規模襲擊。過去一天內，俄防空部隊在俄羅斯多個地區上空擊落1951架攻擊型無人機和8枚巡航導彈，另有1枚烏軍巡航導彈偏離後墜落在無人區域。俄國防部指出，烏軍發射的所有“火烈鳥”巡航導彈均在接近莫斯科地區民用設施前被摧毀。針對莫斯科的大規模襲擊企圖未能得逞，烏軍未能實現其目標。俄國防部強調，爲迴應烏軍對俄境內民用設施的打擊，俄聯邦武裝力量將繼續並加強使用高精度武器打擊基輔市內軍事目標的力度。