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Fresh funds from the Middle East are here to support! Saudi Arabia's first investment in china etf is about to be listed.
Saudi Arabia's first investment in china etf is expected to be listed on October 30, with an estimated fundraising size exceeding 10 billion Hong Kong dollars.
The increase in Middle East capital is also coming! The first Chinese Hong Kong ETF in Saudi Arabia has been approved.
Saudi Capital Market Authority announced that AlBilad Investment Company, a subsidiary of Bank Albilad, plans to establish an ETF investing in stocks in Hong Kong, China. The application has been approved.
The list of gold stocks in September has been released! The Fed's rate cut may improve the liquidity of Hong Kong stocks, and institutions are supporting network technology stocks.
Huitianfu Fund believes that due to the significant impact of global capital liquidity and market risk preferences on Hong Kong stocks, the Fed's interest rate cut combined with the recent appreciation of the RMB is a major bullish factor for the Hong Kong stock market.
A quick view during trading hours: The three major Hong Kong stock indices have turned upward, with Kuaishou and Tencent rising by more than 2%, and Netease and Alibaba rising by more than 1%.
Auto stocks fell, with NIO down 3%, BYD Company down over 2%; Golden industrial concept performed weakly, with Zhaojin Mining down over 6%; mainland education stocks fell today, with New Oriental down over 6%.
At midday review, Hong Kong stocks collectively rose, with the three major indices up more than 1%; Japan ETF strengthened, and ChinaAMC MSCI Japan Hedged to USD ETF rose nearly 7%.
The components of the Science and Technology Index rose across the board, with Weibo up nearly 7%, Eastbuy up more than 5%, Ctrip Group up nearly 4%, and Tongcheng Travel up more than 3%.
Hong Kong Preview | New Oriental announced that it will expand the scale of share buyback to 0.7 billion US dollars; Fuyao Glass's net profit in the first half of the year increased by 23.35% year-on-year.
State-owned Assets Supervision and Administration Commission: fully leverage the role of central enterprises in the procurement and use of block orders in key areas of technological innovation; Huadu District in Guangzhou has unveiled a major policy, offering "quasi-hukou" treatment for home buyers; Former President of the European Central Bank expressed views on the rapid rise of the yen, stating that the market need not panic as this is a belated healthy adjustment.