Financial Markets Experience Volatility Amid AI and Precious Metals Trends

Financial markets are experiencing significant fluctuations due to the crowded AI concept and a decline in precious metals trading. According to Ming Pao, this turbulence is expected to continue as the market seeks a new equilibrium in the short term. Traditional industries and technology stocks in the Hong Kong stock market are still under pressure and require time to stabilize. Meanwhile, consumer stocks are benefiting from the festive atmosphere of the Spring Festival, temporarily supporting the market. However, gaming stocks remain generally sluggish, presenting potential opportunities for those looking to capitalize on lagging sectors.