Last week, the Hong Kong stock market stabilized at 17,000 points, and on the last Friday of the week (16th), it even reached a monthly high at the close. Jeffery Wong, Vice President of iFast Global Markets, believes that the recent rise in external indices, coupled with the previous uncertainties that had an impact on the market, have eased to some extent, becoming catalysts for the market's repeated upward movement last week, and there is still a chance to challenge the 20,000-point mark by the end of the year. He expects that the future trend of the Hong Kong stock market will be better than in the recent past, with the low of 16,400 points already being established as the bottom. He predicts a short-term rebound, with the first target being 17,600 points, and if broken, it can rise to 18,000 points. He even believes that the market can challenge this year's high and break through the 20,000-point mark. Even if the index reaches 20,000 points, the price-earnings ratio (PE) will only be 10 times, not too high, and he anticipates that a bullish trend may emerge as early as September. The weakening of the US dollar is also favorable for Hong Kong stocks, as he expects capital inflows that could boost the market more easily. Mainland China and Hong Kong stock markets will become more attractive, and with negative news largely absorbed, there is potential for a better market environment. The average daily trading volume of the Hong Kong stock market last week was less than 80 billion Hong Kong dollars. He analyzed that the trading volume is quieting down, and even the inflow of Northbound funds is slowing down, reflecting a lack of momentum for further ascent. He believes that more support from Northbound funds will be needed in the future to provide a greater boost to the market situation. He also mentioned that investors can engage in short-term trading of technology stocks, such as Alibaba (09988), which is listed in both Hong Kong and the Mainland stock markets. However, in the long run, it is still advisable to focus on high-yield stocks that offer stable dividends, and investors can take advantage of any price adjustments to accumulate positions.