国泰海通:短期扰动不改中期趋势 结构上港股科技仍是主线

智通财经
Oct 21, 2025

智通财经APP获悉,国泰海通发布研报称,历次港股小回撤往往始于市场上涨后的获利回吐,恒指平均下跌7%、持续11个交易日,而突发事件冲击引发的大回撤期间恒指平均下跌17%、持续53个交易日。对比历史港股小回撤,本次行情调整幅度已较显著、时长接近均值水平,需关注中美关系缓和、国内政策发力等积极信号未来动向。短期扰动不改中期趋势,产业周期向上和增量资金入市背景下四季度港股牛市格局望延续,结构上港股科技...

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