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What do new highs in U.S. Treasury bonds and new lows in Chinese bonds mean for Hong Kong stocks?
The combination of "new highs in US bonds and new lows in Chinese bonds" has a neutral or even somewhat negative impact on Hong Kong stocks, and historical experience often reflects this.
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.
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.
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%.
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.
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.
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.
Powell made a big mistake: the USA labor market has imploded, and a recession is imminent.
Has the Federal Reserve made another disastrous policy decision by shifting from aggressive dovishness to hawkishness?
The panic is only temporary, Wall Street's oracle: the time for "picking up people in reverse" has arrived.
More than one market Analyst believes that the surge of the stock market fear Index after the Federal Reserve's decision indicates a recent Buy opportunity.
The largest "Triple Witching Day" of the year is coming! Wall Street is experiencing one wave after another.
This Friday, the size of the Options maturing will reach about 6.5 trillion dollars, which ranks among the highest in history, and it coincides with the Index adjustment again.
Will a bloody storm arise again in the US stock market? The largest "Triple Witching Day" in history is coming!
On Friday, Eastern Time, the US stock market will face "Triple Witching Day," with $6.6 trillion in Stocks, ETFs, and Index-related Options about to expire, potentially becoming the largest in history. "Triple Witching Day" coincides with a critical period following the Federal Reserve's "hawkish rate cut" that triggered a sell-off in US stocks, and the USA will release important PCE data, which is expected to cause significant market fluctuations.
Analysts warn: next year, more hawkish voters will increase, and the Fed faces more uncertainty regarding interest rate cuts.
1. Analysts warn that with an increase in hawkish members in the voting committee next year, there is more uncertainty surrounding the Federal Reserve's future interest rate reduction path; 2. A more hawkish policy committee may increase dissent, but it may not necessarily change policy outcomes.
The largest "Triple Witching Day" in history is coming! Options worth 6.6 trillion dollars are about to expire.
This Friday is the "Day of the Three Witches", which is expected to be the largest Options expiration day in history.
Hong Kong Stock Exchange: Consulting market opinions on suggestions for optimizing IPO market pricing and the public market.
The consultation period lasts for three months and will end on March 19, 2025 (Wednesday).
The Federal Reserve creates a "tragedy" in the market! Traders rush to exit, how do Wall Street experts interpret this?
Powell suddenly changes his stance, investors can only clean up the mess. Under the "new phase" of MMF policy, what should be done next?
Believe in the Santa Claus rally! Five reasons will support the rebound of the US stock market by the end of the year.
There is one week left until Santa Claus' market phenomenon; despite the weak performance of the US stock market so far in December, there are five main reasons supporting a year-end rebound.
Global market turmoil! Where is the "USA beef" headed?
Following the commencement of the easing cycle by the Federal Reserve in September 2024 for the first time in four years, there has been a third consecutive rate cut, totaling a reduction of 100 basis points. At the same time, Fed Chairman Powell's hawkish rhetoric is undoubtedly the main reason for the market decline.
CITIC SEC: The Federal Reserve is likely to pause interest rate cuts at the next meeting, and volatility in the US stock market is expected to increase.
CITIC SEC expects that the Federal Reserve will most likely pause interest rate cuts during the next meeting to observe, and clearer guidance may not be provided until the March meeting, with increased volatility expected in the US stock market.
Zhaoshang Macro: Does a rate cut equate to a brake on the U.S. stock market?
On December 18, 2024, local time, the Federal Reserve held a meeting to discuss interest rates, lowering the target Federal Funds Rate Range by 25 basis points to 4.25%-4.50%. The pace of balance sheet reduction remains unchanged, specifically a Shareholding of 25 billion dollars per month in U.S. Treasury securities and 35 billion dollars per month in MBS.
The Federal Reserve has lowered interest rates by 25 basis points as expected! The dot plot suggests two rate cuts in 2025.
The Federal Reserve has cut interest rates for the third consecutive time, with a cumulative reduction of 100 basis points. The latest dot plot predicts the number of rate cuts in 2025 will be reduced to 2.