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<Research>BOCOMI: Southbound Funds Focus on Healthcare/ Financial Sectors in Past Mth, Reflecting Emphasis on High-yield Segments' Defensive Value
The Hong Kong stock market performed well in 1H25, with the HSI/ HSTECH recording semi-annual returns of 20%/ 18.7% each, ranking among the top global major indices, BOCOMI release...
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<Research>BOCOMI: Southbound Funds Focus on Healthcare/ Financial Sectors in Past Mth, Reflecting Emphasis on High-yield Segments' Defensive Value
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The Hong Kong stock market performed well in 1H25, with the HSI/ HSTECH recording semi-annual returns of 20%/ 18.7% each, ranking among the top global major indices, BOCOMI released a research report saying.

Although the 'reciprocal tariffs' in April triggered a global stock index correction, as the tariff risk gradually eased, the fall in risk premium promoted Hong Kong stocks to rebound comprehensively.

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Moreover, the sector rotation of southbound funds was more pronounced, shifting from information technology in 1Q25 to new consumption in early-2Q25, and focusing on healthcare and financial sectors in the past month, aligning with the current market's pursuit of high-prosperity growth sectors and reflecting the emphasis on the defensive value of high-dividend segments in a high-volatility environment.

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