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The overseas market will not stop for the Spring Festival! Looking back at the performance of Hong Kong and U.S. stocks during the Spring Festival in the past, will the New Year market see an explosive growth?
According to the News organized by Futu, since 2018, the average probability of an increase in Hong Kong stocks during the New Year period is as high as 80%, while U.S. stocks and Chinese concept stocks have a 70% increase probability.
Express News | The Hang Seng Index opened down by 0.13%. The Hang Seng TECH Index fell by 0.06%.
Daily Bull and Bear | The Inflow of funds into Tencent is higher than that of the Hang Seng Index! Yesterday, Tencent's good position saw an additional investment of 66 million HKD; the proportion of bear certificates in circulation for the Hang Seng Inde
The Hang Seng Index night futures closed at 19,264 points, down 37 points; the net Inflow for long positions yesterday was 47 million HKD, and for short positions, it was 3 million HKD; the top five stocks for Inflow in long positions and the Index were: Tencent, Hang Seng Index, Xiaomi, Meituan, and Alibaba.
Momentum Turns South As Hang Seng Index Futures Maintain Negative Bias
The Hang Seng Index night futures closed at 19,264 points, with a discount of 16 points.
As of January 9, the Hang Seng Index night future (January) closed at 19,264 points, down 37 points or 0.192%, with a low water level of 16 points.
In the afternoon, the A-share market suddenly moved unusually, and the Hong Kong Stock Index slightly rebounded! What happened?
On January 8, the Shanghai Composite Index briefly dropped over 50 points, but around 2 PM, it surged strongly and turned positive. By the close, the Shanghai Composite Index was up 0.02%, while the Shenzhen Component Index fell 0.54%. The decline in Hong Kong stocks also significantly narrowed, with the Hang Seng TECH Index's decline reducing to 1.09%, having previously dropped over 2%, and the Hang Seng Index's decline narrowing to 0.86%.