The Bank of America Securities monthly survey shows that global funds have significantly increased their confidence in the Hong Kong stock market and reached the same level as the Nasdaq. The report pointed out that 18% of respondents in the February survey predicted that the Hang Seng Index would be the best global performer in 2025, tied for second place with the Nasdaq. 22% of respondents chose the EuroStoxx 50 Index, ranking first. This is the first time the Hang Seng Index has entered the top three since the issue first appeared in November, with only 10% of respondents choosing it last month. Chinese stocks have entered the hottest trading rankings for the first time in two months, with 4% of respondents opting to buy Chinese technology stocks, ranking fifth. Confidence in the Chinese macro economy has improved for the first time in four months, with 48% expecting growth to increase, reaching the highest level since November. This is also the first time in three years that investor confidence has improved without policy stimulus, reflecting the DeepSeek effect. 35% of respondents view the acceleration of China's economic growth as the most optimistic event for 2025, lower than January's 38%, December's 40%, and November's 43%.