Hong Kong market set to open higher on the 15th but cautious mood prevails, focus on China GDP and other data

Macro
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Hong Kong stocks are expected to start with a buying bias on the 15th, but profit-taking pressure is likely to emerge on the upside. US equities rebounded, supported by strong earnings from financials and easing inflation that reduced expectations for rate hikes, while a recovery in semiconductor shares provides a tailwind for tech-related sectors. However, escalating tensions in the Middle East are weighing on sentiment, and a cautious mood lingers ahead of the release of China's GDP and other economic indicators.

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