Lau Sze-Ming: Funds Redeployed; Tech and Consumer Stocks Worth Buying on Dips

Lau Sze-Ming notes that after the US midterm elections concluded and the Democrats regained control of Congress, reduced uncertainty drove a sharp rebound in US stocks, with funds redeployed across different sectors. He believes the euphoria may gradually fade, but expects the shift in sentiment will not reverse quickly; Hong Kong stocks are benefiting from the reallocation of funds, and tech and consumer stocks can be bought on dips.