Reported 7 months ago
After the Fed maintained the policy interest rate at 5.25%–5.5%, there were expectations that the rate cut for this year would be reduced from 75 basis points to 25 basis points, potentially keeping rates high for longer. In Hong Kong, the power supply sector may see growth due to rising demands during the peak summer months, with investors encouraged to focus on thermal power generation companies for stable electricity supply. Additionally, household appliance stocks, especially air conditioning units, are worth monitoring. The extreme weather conditions in mainland China may drive the demand for electricity and these sectors may become the focus of market discussions.
Source: YAHOO