Looking ahead to next week | The State Council Information Office will hold a press conference on October 8th, and A-shares will open on Tuesday; The Fed meeting minutes will be accompanied by heavyweight US CPI data.
Federal Reserve officials take turns appearing; Tesla will officially release Robotaxi, AMD will host 'Advancing AI 2024'; Q3 earnings season is coming! JPMorgan and others are the first to announce performance; Due to the Double Ninth Festival, Hong Kong stocks will be closed for one day on Friday, and southbound and northbound trades will be closed.
Opinion | Hong Kong stocks and Chinese concept stocks continue to soar, which foreign capital is the main inflow?
CICC stated that during the holiday period, Hong Kong stocks and Chinese concept stocks continue to surge, with accelerated inflow of passive foreign capital, but the proportion of existing stock scale is not large; there is a certain overdraft of trading-type funds, with active foreign capital turning into inflow this week, but the scale is not significant yet, and the subsequent trends of active foreign capital are worth attention. However, their continued inflow requires more policies and more optimistic expectations to drive.
There is still room for upside! Goldman Sachs: China's stock market is raised to "overweight", expected to rise another 15-20%.
Goldman Sachs raised the target price of MSCI China from 66 to 84, and raised the target price of the CSI 300 Index from 4000 to 4600. In terms of industry allocation, Goldman Sachs adjusted insurance and other finance to overweight, metals and mining to neutral, and telecommunication services to underweight.
Express News | The State Council Information Office will hold a press conference to introduce the situation related to the "systematically implementing a package of incremental policies, solidly promoting the upward shift of the economic structure towards excellence, an
Weekend reading | China's assets are fully erupting! How to seize the uptrend and not miss out? John Dumpton says...
Warren Buffett, in summarizing his investment experience, said that the main components of luck are hard work and careful planning, in addition to common sense and imagination. Luck belongs to those who "work one more minute". Luck means that you face hardships and difficulties without hesitation, meaning that you work hard into the late night, and also means that you never break an appointment or miss a train.
Global attention! Has the first variable appeared in the A-share market?
You can embrace enthusiasm, but do not lose your rationality!
Express News | Paul Chan: The market cap of the Hong Kong stock market has risen to HK$39.4 trillion, with an average daily trading volume from September to this Friday of approximately HK$192 billion.
Shanghai and Shenzhen Stock Exchanges will conduct a full network test tomorrow! Hong Kong stocks surged during the holiday, with the Chinese concept stock index soaring over 2000 points in two weeks.
Shanghai and Shenzhen stock exchanges will conduct a full network test tomorrow.
Up to 15% more to go! Societe Generale: A new round of stimulus is brewing, and China's stock market still has growth potential.
Societe Generale's strategist mentioned that China's recent monetary stimulus measures are like a "combination of punches," and expects China to introduce a new round of stimulus measures to continue driving economic growth, possibly leading to another 15% surge in the Chinese stock market.
China's assets are experiencing a highlight moment, with the Golden Dragon Index rising nearly 12% this week! Institutions expect a sustainable momentum to form.
①The hang seng china enterprises index rose by 3.06%, closing at a new high in two and a half years, rebounding by 36% since the September bottom, with most of the gains occurring after September 24; ②In the US stock market, Alibaba rose by 6.71% this week, while jd.com rose by 17.72%, supporting a cumulative 11.85% increase in the nasdaq China Golden Dragon Index.
Is there still room in the stock market? Nomura: Investors have plenty of ammunition, lower leverage, still far behind 2015.
Both Morgan Stanley and JPMorgan believe that individual investors are the main force driving the rebound of A-shares this time. Currently, the A-share leverage ratio is low, and household excess savings are under-allocated in the stock market. If more household assets flow into the stock market, the incremental ammunition may reach 2-3 trillion, which will continue to drive the A-share market rebound.
After this sudden rise in the Chinese stock market, how will global investors react? Deutsche Bank: By 2025, no institutions dare to miss out!
Deutsche Bank believes that "In the case of high allocation to US stocks, investors tend to stick to a certain style. If the US underperforms, investors focusing on momentum and technology are likely to shift their focus to other leading technology companies, during which process, China will receive more attention".
Hong Kong stocks continue to celebrate during the National Day holiday, with the Hang Seng Index soaring 17% in a single week! Bullish sentiment before the opening of A-shares.
Since the temporary low point in September, the Hang Seng Index has risen sharply by over 35%; traders are anxiously awaiting the release of holiday data and fiscal stimulus details.
Hong Kong stock market | Semiconductor and brokerage stocks surged strongly! Hua Hong Semi, Semiconductor Manufacturing International Corporation, CC Securities, Guolian Securities, etc., joined hands to rise by nearly 30%.
In terms of stocks hitting record highs, Hua Hong Semi rose 29.63% to the top of the list, Semiconductor Manufacturing International Corporation rose 29.31%, and CC Securities rose 29.22%.
Hong Kong stocks become the "hottest" stock market in the world! The Hang Seng Index has risen nearly 40% so far this year, with brokerage stocks surging sixfold in five days. How will the future market evolve?
It is noteworthy that brokerage stocks, as the vanguards of the bull market, play the role of "front-runners" in this current uptrend. Moreover, Chinese-affiliated brokerage stocks in the Hong Kong market have shown astonishing increases, indicated by the gains over the past five trading days.
Relive the epic bull market of 2014-2015.
The economic fundamentals and fiscal policies have not provided sustained support. Therefore, that bull market cycle came quickly and went even faster.
The trend of "abandoning cash and buying stocks" is sweeping through the A-share market! Could this be the power of the "buy first, think later" strategy?
Yinhe, Huabao money market enhancer, and other mmf ETFs were impacted, while Huatai Bairui China Universal CSI 300 ETF attracted as much as 2.9 billion US dollars inflow last week.
"Bull market leader" sends a heavy signal, market optimism continues to rise! Is a major trend about to emerge?
The brokerage sector has always been a barometer of bull markets. Today, brokerage stocks once again surged across the board, indicating that the market still holds a generally optimistic outlook for the future performance of the Hong Kong stock market.
Hong Kong stocks violently rallied! The Hang Seng Index surged more than 4%, brokerages and real estate took off again, these four major unexpected events are worth paying attention to.
The situation in the Hong Kong stock market is ever-changing!
Holiday without rest! Private equity, just starting to add positions!
After continuous sharp rise, the Hong Kong stock market has experienced an adjustment.