Hong Kong Stocks Close Higher
The three major Hong Kong stock indexes continued to show a volatile trend, with the lithium battery and golden industrial concept sectors performing prominently.
① Why have international gold prices strengthened? ② What news has stimulated the strength of consumer electronics stocks? ③ Has the short sell ratio in the Hong Kong stock market shown a decline?
Express News | Wu Qing: We welcome both long-term and short-term investments. What the market needs now is to unblock the bottleneck of long-term capital entering the market.
Quick look at the Hong Kong market | All three major indices are rising! The tech index rose over 1%; lithium battery stocks surged in the afternoon, with ganfenglithium soaring over 13%.
Network technology stocks fluctuated, Kuaishou-W rose by 3.10%, Xiaomi Corporation-W fell by 1.74%; nonferrous metals stocks rose together, Ganfeng Lithium rose by 13.28%, Tianqi Lithium Corporation rose by 9.80%; Apple supplier stocks are on the rise, fih rose by 6.90%, BYD Electronics rose by 6.33%.
Express News | Hang Seng Index in Hong Kong rose by 0.44%. Hang Seng Tech Index increased by 1.23%.
The latest statement from the National Development and Reform Commission: The "new two" policy will be strengthened and expanded.
Source: China Brokerage On November 19, the National Development and Reform Commission held a press conference. At the meeting, Li Chao, Deputy Director of the Policy Research Office of the National Development and Reform Commission and the Commission's spokesperson, responded to key issues in several macroeconomic areas. Here are the key points of the response: 1. It is expected that the economic operation in November and December will continue the upward trend since October; 2. Overall, the basic trend of China's economic recovery and long-term improvement remains unchanged, and we are full of confidence in this; 3. The National Development and Reform Commission will also study and propose policy measures to further increase support and expand the scope of support in the future, to be implemented in a timely manner after relevant procedures are completed.