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Market Chatter: HKEX's FINI Digital IPO Platform Fails to Flag Multiple IPO Subscriptions
HKEX Adds Thailand Bourse as Recognized Exchange
Express News | Ping An Life continues to increase its shareholding in CM BANK's H Shares, with its holdings surpassing 9% of the total number of H Shares of the bank.
Express News | According to information from HKEX, Blackrock's stake in KUAISHOU-W decreased from 5.21% to 4.80% on March 6.
Quick look at the Hong Kong market | The three major indexes surged in the closing, with the tech index rising nearly 1.4%; semiconductor stocks performed well, with HUA HONG SEMI up over 5%; old pawn shop Gold rose nearly 13%, and Mixue Group set a new h
Network Technology stocks have mixed performance, KUAISHOU-W is up 5.15%, XIAOMI-W is up 1.99%; Alcoholic Beverages stocks are rising, SAN MIGUEL HK is up 6.41%, ZJLD is up 6.36%; Semiconductor stocks are performing well, HUA HONG SEMI is up 5.16%, SHANGHAI FUDAN is up 5.15%.
Jinda: It is still too early to determine if the rebound of Hong Kong stocks has ended.
Jin Da Asset Management's China Stocks Portfolio Manager, Ma Wenchang, stated that since the fourth quarter of last year, the economic stimulus policies launched in the mainland, along with the positive sentiment driven by technological advances up to this year, have helped stabilize consumer sentiment to some extent. As for whether a broader recovery in consumer sentiment can be seen in the future, it largely depends on the stable signs that eventually appear in the mainland Real Estate market, especially in first-tier and second-tier cities. Regarding the stock market, she mentioned that the characteristic of the Chinese market is quite volatile. Since the beginning of the year, there has not been much change in the A-share market, mainly because the Hong Kong stock market has seen significant increases, with the Technology Sector contributing a large part to that.