Hong Kong market quickly view | Hong Kong stocks fluctuated downward, the technology index fell more than 1%; some cryptos concept stocks rose against the market, Boyaa Interactive surged nearly 17%.
The performance of network technology stocks was sluggish, with Kuaishou-W falling by 11.70% and Netease-S rising by 1.41%; apple supplier stocks rose, with BYD Electronics increasing by 4.96% and Q Tech rising by 4.00%; sporting goods stocks generally fell, with China Dongxiang dropping by 4.29% and Topsports falling by 2.80%.
Hong Kong stock market midday review | Hong Kong stocks rose and then fell, the Hang Seng Tech Index fell by 0.57%; mainland real estate sector weakened collectively, sunac fell more than 7%.
Network technology stocks had mixed results, with Kuaishou-W down 10.47% and Netease-S up 2.30%; sporting goods stocks generally fell, with Honmagolf down 3.51% and Topsports down 3.20%; several alcoholic beverages stocks declined, with Tsingtao Brew down 2.24% and China res beer down 0.92%.
Institutions: By March next year, the macro narrative cannot be observed and verified, liquidity will support the index to fluctuate upwards.
From now until the major conferences in December is the period for policy validation and observing macro data. From the end of December to early March next year usually falls under a window period for domestic macro data and policies. Attention should be paid to changes in market liquidity and improvements in economic indicators, while maintaining patience and resilience during the short-term policy vacuum period of one month, waiting for the new round of policy initiatives.
Daily Bull and Bear | The Hong Kong stock market rebounded slightly, with the proportion of bull certificates declining for four consecutive days! Morgan Stanley: The net inflow for good Hang Seng Index positions in the past five days is approximately 0.1
As of the close, the market turnover was 114.6 billion Hong Kong dollars; the total turnover of all bull and bear warrants was 12.9 billion Hong Kong dollars, accounting for 11.3% of the market turnover, with a good position ratio of 6.8% and a light position ratio of 4.5%.
Futu Morning Post | Nvidia's Q4 guidance fails to impress Wall Street? Stock price fell 5% before narrowing; Federal Reserve Governor Bowman: cautious about further rate cuts.
Economists' latest prediction: the Federal Reserve will cut interest rates in December, but the reduction next year will be 'halved'; snowflake surged nearly 20% after hours, and new products are expected to reverse the decline.
Selected Announcement | Kuaishou's Q3 net income was 3.948 billion yuan, a year-on-year increase of 24.4%; NIO's Q3 gross profit was 2.007 billion yuan, a year-on-year increase of 31.78%
① Ali pictures' mid-term revenue increased by nearly 20% year-on-year. What is the profitability? ② GTJA and haitong sec's restructuring has received regulatory approval. What are the highlights?