According to online reports, Cathay Pacific Haitong released a research report that more Hong Kong securities firms will deploy virtual asset business in the future. In addition, the market has gradually entered a performance window recently, and the profits of the brokerage sector are expected to exceed expectations. In the context of stabilizing the stock market, there is an opportunity to continue to recommend undervalued and under-allocated heavyweights. Non-bank heavyweights shift from "marginal thinking of fundamentals" to "total thinking of total risk-return ratio." Especially under the recent policy of encouraging red chips and H shares to return to A, non-bank heavyweights in Hong Kong stocks have benefited more.