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.

Futu News21:03

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%.

Securities Times16:29

Hong Kong market quick look | Hong Kong stocks narrowed in losses in the afternoon, the Hang Seng Index fell nearly 1%; tech and Apple Supplier stocks declined, SUNNY OPTICAL dropped over 7%, Xiaomi fell nearly 4%; Weichai Power surged over 11%.

Network Technology stocks weakened, XIAOMI-W fell 3.95%, NTES-S rose 2.98%; Coal Industrial Concept stocks weakened, YANKUANG ENERGY fell 4.73%, KINETIC DEV fell 3.94%; Many Mobile Game stocks declined, INFINITIES TECH rose 10.00%, BOYAA fell 8.88%;

Futu News16:23

Express News | In the afternoon, Hong Kong stocks narrowed their declines, with the Hang Seng Index falling by 0.73%, having previously dropped nearly 2%; the Hang Seng TECH Index fell by 0.78%.

Breakings14:16

Hong Kong Stock Midday Review | Hang Seng Index fell 1.59% in the morning, China-Affiliated Brokerage stocks broadly declined in the morning.

The decline in trade style affects market risk appetite, and institutions say brokerage valuations have not reflected expectations for profit improvement.

Zhitong Finance12:00

Hong Kong, Mainland Stocks Open Lower

RTHK10:46