So sudden! What happened with the well-known Hong Kong stocks in a collective turmoil?
In today's morning session, the Hong Kong stock market suddenly experienced a significant decline, with all three major Indexes dropping by more than 2%.
Brokerage morning meeting highlights: It is expected that 2025 will be the first year when the Real Estate Industry truly achieves stability and long-term development.
At today's Brokerage morning meeting, CITIC SEC proposed that 2025 will be the year when the Real Estate Industry truly stabilizes and moves forward; Tianfeng stated that industry demand is expected to recover, and the Autos Sector may gradually become optimistic; China Securities Co.,Ltd. pointed out that the current valuation of the Baijiu(Chinese Liquor) Sector remains low overall, highlighting its long-term investment value.
Hong Kong Stock Market Midday Review | All three major Indexes rose after the holiday, with the Tech Index up over 1%; Xiaomi-Backed, Semiconductors, and Communication Equipment stocks increased, Kingsoft Cloud soared over 33%, ZTE rose over 12%, and Semi
The Network Technology stocks are mixed; XIAOMI-W has risen over 5%, KUAISHOU-W has fallen by 1.39%, Baidu has dropped by 1.11%, JD-SW has decreased by 3.69%, MEITUAN-W has increased by 0.26%, and TENCENT has fallen by 0.24%.
Stock market updates: Hong Kong's dining and alcoholic beverages sector are strong, with Helen's up 16% and zjld up 8%. The Ministry of Commerce will introduce new policies in the consumer sector.
The Hong Kong dining sector showed strong performance in the morning session, with Helen's up by 16.38%, Jiumaojiu up by 14.36%, and Xiabuxiabu up by 9%. The alcoholic beverages sector also strengthened, with ZJLD up by 8%, China Res Beer up by 6%, and Tsingtao Brew up by 4%.
Express News | Alcoholic beverage stocks in the Hong Kong stock market collectively strengthened, with zjld up nearly 7%, china res beer up over 5%, tsingtao brew, and bud apac up more than 3%.
Futu Morning Post | Citigroup strategist talks about the 'Trump winning trade', a good opportunity to profit from the surge in US stocks; AI capital spending continues to expand! Microsoft, Meta both fell after hours.
USA Treasury Department's heavyweight quarterly refinancing announcement: Maintain long-term bond auction scale and guidance unchanged; the U.S. presidential election is undecided, the dollar hedging cost has risen to the highest since 2022; it will impact 3000 dollars next year! Goldman Sachs raises gold price expectations, stating that central bank demand expectations have quadrupled.