《Mastering the Game》Currently, the actual holding levels of our short-term, medium-term, and long-term securities investment portfolios in this column are 37.5%, 56.25%, and 35% respectively, with market outlooks categorized as bearish, bearish, and significantly bearish. Bearish big players took control of the market on the September futures and options expiry day, causing Hong Kong stocks to trend downward. On Wednesday (the 30th) after market opening, they attempted to press their advantage, but immediately encountered a strong counterattack by bullish players, turning the September over-the-counter stock options expiry day into a stage for bulls. At closing, four out of the five major indices successfully turned from decline to rise, reflecting that major players believe the market has the conditions to officially begin a rebound around this weekend. Of course, bearish major players might retreat temporarily upon noticing their opponents' determination to support the final settlement price, waiting until today (the 2nd) to launch another attack; regardless, the strength between bulls and bears has become closer, a phenomenon we can clearly observe.

After the end of the third-quarter fund settlement, as many uncertainties in the market have been eliminated, we should be able to see the true market direction around this weekend. It should be noted that the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect trading has been suspended and northbound flows will only return next Thursday (the 8th). This column believes that if foreign major players consider Hong Kong stocks capable of catching up in the short to medium term, this period could present a quiet trading opportunity ideal for launching a sudden aggressive move. In fact, based on past experience, the Hong Kong stock market has seen multiple instances of a turning-point market brewing or emerging when either foreign or mainland major players temporarily exit, leading to one-sided or even strongly one-sided markets appearing once trading resumes, driven by investors rushing to buy at higher prices. Finally, yesterday (the 1st), the author distributed for free to WhatsApp Channel subscribers the MPF investment strategy for the fourth quarter of this year. If you did not receive it, please inquire via WhatsApp at +852 66219728. {Chief Advisor of Economic Intelligence and Trading Intelligence, Leung Yip Ho} (Website: www.BennyLeung.com)

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