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HashKey Group Chief Analyst Jeffrey Ding said that since the US interest rate cut, global securities markets have received signals of recovery. After the rebound of A-shares, trading in the Hong Kong stock market has been active, with the Hang Seng Index rising 6.2% and the Technology Index soaring 8.5% today. Since September 11th, the Hang Seng Index has risen to 22448 points, approaching the high of 22689 points on January 27th, 2023, setting a new 31 month high. The trading volume of Hong Kong stocks has exceeded HKD 1 trillion for several consecutive days, and the booming trading has caused delays in the exchange's servers. Such a grand occasion has been rare since 2015, with both trading volume and price rising, becoming a strong bullish signal, indicating that investors are actively participating in a trend reversal market. Jeffrey Ding believes that for the cryptocurrency market, funds are currently flowing into the Hong Kong and mainland stock markets, while the US, Japanese, and cryptocurrency markets are experiencing a decline due to insufficient liquidity. Historical data shows that the liquidity expansion caused by US interest rate cuts will lead to global economic recovery, but in the short term, funds often flow into high-yield markets.