The Hong Kong dollar time deposit interest rate has been lowered. Are there other options for stable income? Take stock of the top ten blue chip stocks with high dividends.
With the global interest rate cutting curtain opening, the decline in fixed deposit interest rates is not only a single event, but perhaps also a trend. If the era of fixed deposits is coming to an end, how can we find "alternative options" in the market?
State Grid: In July, the total electricity consumption of the industry increased by 5.6% year-on-year.
On August 27th, the China Electricity Council released the National Electricity Consumption Index for July 2024.
Hong Kong stock opportunities tracking: Zijin Mining Group's net income in the first half of the year exceeded 15 billion yuan, a year-on-year increase of more than 46%; Zhaojin Mining's net income in the first half of the year increased more than twice.
HKEX relaxes the market cap threshold for listing special technology companies; Financial Secretary Paul Chan: Still need to carefully assess the impact of the decline in US interest rates, etc.
One week outlook | Nvidia faces a "major test" with its financial report! Could become a key catalyst for the market; the US Federal Reserve's preferred inflation indicators will be released soon.
Looking ahead to the next week, in addition to nvidia's financial report, salesforce and dell technologies are also worth paying attention to. Pdd holdings, Meituan, trip.com, and other Chinese concept stocks will also release their latest performance. Nvidia will also showcase the latest progress of Blackwell at the Hot Chips conference.
HK Stocks preview | China Res Power: Accumulated power sales of subsidiary power plants increased by 5.2% year-on-year in the first seven months; Emerging markets MMF index hit a new historical high.
Yancoal Australia's mid-term after-tax profit fell by more than 50%; Fed's 'hawkish' members relax stance on interest rate cuts in September.
Hong Kong stock market outlook: China Hongqiao's net income for the first half of the year increased by 273% to 9.155 billion yuan; Hang Seng Index announced the quarterly results, involving multiple companies including New Oriental.
S&P, NASDAQ have risen for 7 consecutive days, and the three major indexes have achieved the largest weekly increase this year; important adjustments to the information disclosure mechanism for Shanghai-Hong Kong Stock Connect trading will be made on August 19; the expectation of a rate cut by the Federal Reserve has pushed gold up to $2,500, setting a new record high.