【Tan Sir's Stock Talk 25.8.7】The strength in U.S. stocks continues; can Hong Kong stocks also surge?

The expectation of a U.S. interest rate cut due to the non-farm payroll data has increased, but it has not hindered the rise of the index. $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$ Market sentiment towards the U.S. economy has not changed significantly, which is bullish for the index to consolidate and then challenge new highs. From a technical analysis perspective, the key level for the S&P 500 Index is 6350 points. A breakout above this level would be favorable for the index to challenge historical highs.

In terms of focus and strategy, consider high-quality stocks, such as $Meta Platforms(META.US)$ $Microsoft(MSFT.US)$ $Palantir(PLTR.US)$ Semiconductor stocks continue to maintain $NVIDIA(NVDA.US)$and $Broadcom(AVGO.US)$as the main focus.

Regarding the Hong Kong stock market, $Hang Seng Index(800000.HK)$ the Hang Seng Index is challenging the psychological threshold of 25,000 points, but overall, it is a market characterized by 'stock picking rather than market direction.' The Technology Index's performance is not too bad and can be seen as a Bullish signal. In the short term, using technical analysis and paying attention to the stocks favored by mainland investors does not differ much. This week, there are signs of recovery in the new consumer stocks F4, which can be considered a key focus for the short term. As for Technology stocks, Tencent and Kuaishou continue to be the top picks, along with Alibaba or Xiaomi, which are also Bullish.

$POP MART(09992.HK)$ $LAOPU GOLD(06181.HK)$ $MAO GEPING(01318.HK)$ $MIXUE GROUP(02097.HK)$ $KUAISHOU-W(01024.HK)$ $TENCENT(00700.HK)$ $BABA-W(09988.HK)$ $XIAOMI-W(01810.HK)$