Weekly Preview | The market focuses on the National People's Congress Standing Committee meeting; due to the Christmas holiday, the Hong Kong Stock Exchange will be closed for two and a half days, and the U.S. stock market will be closed for one and a hal

The earnings report season for the US stock market has concluded. Due to the Christmas holiday, there will be no speeches from Federal Reserve officials this week, and the data released will be limited, but attention can be paid to the USA Consumer Confidence Index and initial unemployment claims; on Wednesday, Bank of Japan Governor Kazuo Ueda will deliver a speech regarding potential yen intervention measures.

Futu News22minutes ago

Recognizing the Fund opens up more investment opportunities! With the release of the new regulations, the sales ratio has been relaxed to 80%, and the mainland quota may expand to 300 billion.

① The new mutual recognition regulations for Funds have been implemented, with the product sales ratio approximately relaxed to 80%; ② The restrictions on re-authorization and product types have been simultaneously relaxed, which is expected to welcome new players and new products; ③ The central bank and multiple departments have simultaneously released the revised supporting rules.

cls.cnDec 20 19:45

Annual review | North funds aggressively bought Hong Kong stocks! Net buying exceeded 770 billion Hong Kong dollars for the year, with Alibaba attracting over 82 billion.

As of December 19, the cumulative transaction of southbound funds through the Hong Kong Stock Connect this year has exceeded 10 trillion, surpassing the entire amount of last year, with an overall increase of nearly 50%.

Futu NewsDec 20 19:24

Annual Review | The 2024 Hong Kong IPO rankings have been released! Mao Ge Ping and Lao Pu Gold surged over 70% on debut! Jingwei Tiandi made a spectacular profit of 6,560 HKD.

Hong Kong, as one of the important Global international financial centers, has been the largest Global IPO financing center seven times since 2009.

Futu NewsDec 20 18:30

The December LPR remaining unchanged meets market expectations, and the industry anticipates that the policy interest rate may be lowered in 2025 to guide an adjustment in the LPR.

Looking ahead to 2025, under a moderately loose MMF policy tone, the central bank will continue to implement substantial interest rate cuts, with the policy rate expected to be reduced by 0.5 percentage points, which will then guide the LPR Quote to follow suit.

cls.cnDec 20 12:54

What happened? Hong Kong stocks in the Technology and semiconductor sectors suddenly surged, with Semiconductor Manufacturing International Corporation skyrocketing by over 10%.

According to market rumors, the USA may introduce a new update to AI export controls in the next few days, which is said to possibly involve two aspects. One is the implementation of licensing requirements for the contract manufacturing of 7nm chips. The other is the establishment of global export restrictions for GPUs, meaning in the future, non-allied countries may only be able to purchase from companies on the VEU whitelist.

Brokerage ChinaDec 20 12:44