Lau Sze-Ming: Hong Kong Stocks Face Earnings Test as Cathay Pacific's Yield Attracts

Lau Sze-Ming notes that SpaceX and Super Micro Computer reported better-than-expected quarterly results, with AI business becoming an important driver, strengthening market confidence in AI computing power and infrastructure demand and giving Asia-Pacific stock markets a shot in the arm. However, Hong Kong stocks are being suppressed by the earnings test of heavyweight stocks, dragging on the Hang Seng Index's performance.