William Yared, Managing Director and Head of Asia Research at Huaxing Capital's Hong Kong and US Stock Team, expects that the Hong Kong stock market will continue to moderately rise in December. The upward trend is not solely due to window dressing effects, but rather from investors gradually regaining confidence in the Chinese stock market. The overall policy environment has started to improve, and it is only a matter of time before most investors start to anticipate next year's stock market and may begin positioning themselves early. Furthermore, Yared suggests that companies related to domestic demand need not worry too much, and recommends focusing on the home appliance sector. The impact of home appliance subsidies on the industry is significant, and related policies are expected to continue next year, coupled with the gradual recovery of the Chinese real estate market. Additionally, he advises waiting for a clearer policy direction next year before considering growth stocks more actively.