"Bull market leader" sends a heavy signal, market optimism continues to rise! Is a major trend about to emerge?
The brokerage sector has always been a barometer of bull markets. Today, brokerage stocks once again surged across the board, indicating that the market still holds a generally optimistic outlook for the future performance of the Hong Kong stock market.
What's going on? Hong Kong stocks plunge sharply, the technology index once fell more than 6%, with real estate, autos, and network technology sectors experiencing heavy losses.
At the morning opening, the Hong Kong stock market experienced an adjustment. The Hang Seng Index and the Hang Seng Tech Index both fell, with the Hang Seng Index dropping more than 3% and the Tech Index falling over 6% at one point.
Who's buying? The A-share market is closed, but the Hong Kong stock market is still going strong! There's a big shift in foreign capital underway.
According to the latest report published by Goldman Sachs, after the People's Bank of China announced easing measures and the September Political Bureau meeting, mainland consumer stocks rebounded strongly by an average of about 32% in the past week.
Hong Kong's digital health sector continued to strengthen in the afternoon session.
On September 30, Futu News reported that the Hong Kong stock market's digital health sector continued to strengthen, with Ali Health up over 30%, Dingdong Health up over 24%, Za online up over 20%, Pa gooddoctor up over 13%, jd health up over 13%.
Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
The central bank has launched two measures at the same time! The reserve requirement ratio is reduced by 0.5 percentage points, and the 7-day reverse repurchase operation interest rate is lowered by 20 basis points.
Starting from September 27, 2024, the reserve requirement ratio for financial institutions is reduced by 0.5 percentage points. After this reduction, the weighted average reserve requirement ratio for financial institutions is approximately 6.6%.
Global stock markets welcome the 'most call morning of the year,' as Goldman Sachs fund flow experts exclaim that this 'china trade' is different from the past.
Goldman Sachs expert Rubner mentioned that FOMO is starting to appear locally in China; in the past 48 hours, he conducted more China-related Zoom calls than all related meetings within this year; short-term traders in Goldman Sachs PB business have been buying Chinese stocks for eight consecutive days, with the net buying amount of Chinese stocks in PB business this Tuesday reaching the second highest level in ten years, almost entirely from long positions.
The Political Bureau of the CPC Central Committee held a meeting to analyze and study the current economic situation and economic work
The Political Bureau of the CPC Central Committee held a meeting on September 26 to analyze and study the current economic situation and deploy the next economic work. ****, General Secretary of the CPC Central Committee, presided over the meeting.
The reduction in reserve requirements is bullish and stimulating, the Hong Kong stock market's ten consecutive days of rising momentum is unstoppable! Multiple sectors are collectively surging, is the bull market here?
Affected by this news, the Hang Seng Index, the Hang Seng Technology Index, and the Hang Seng China Enterprises Index all rose by more than 2%, with the Hang Seng Index expected to challenge a "ten consecutive gains".
Institutions: After the Fed interest rate cut, how much room does the Hong Kong stock rebound have?
Due to its greater sensitivity to external liquidity and the linked exchange rate system, Hong Kong has greater short-term flexibility, following interest rate cuts and other factors.
Southeast Asian stock markets are strong! Global capital continues to pour in, how to seize this wave of market trends?
After experiencing the 'Black Monday' on August 5th, major stock indices in the Asia-Pacific region rebounded significantly, with Southeast Asian stock markets performing particularly well. Southeast Asian stock markets have consolidated their position as the most favored investment symbol for fund managers during the shifting policy of the Federal Reserve.
Express News | The State Council issued the "Opinions on Strengthening Supervision, Preventing Risks, and Promoting the High-Quality Development of the Insurance Industry."
A storm is quietly brewing, and emerging markets are starting a frenzy of bond issuance.
Borrowers in developing countries are strengthening their defenses against fluctuations.
Intraday quick view | The three major Hong Kong stock indexes opened low and moved lower, with the technology index falling more than 2%; Nongfu Spring plummeted more than 10%, while Anta performance surged nearly 7%.
Network technology stocks generally fell, with Baidu dropping more than 3%; auto stocks collectively declined, with Nio Inc dropping more than 4% and Li Auto dropping more than 5%; pharmaceutical stocks were active against the trend, with nt pharma surging nearly 17%.
Hong Kong stock opportunities tracking | The dual-primary listing of Alibaba-W on the Hong Kong Stock Exchange will take effect today; JD.com announced a $5 billion share buyback plan.
Anta's revenue in the first half of the year increased by 13.8% year-on-year, planning to spend billions of Hong Kong dollars for buybacks; Haidilao's revenue in the first half of the year was approximately 21.491 billion yuan, a year-on-year increase of 13.79%; Five departments issued a joint notice to improve the policy of duty-free shops in the city.
Premium growth slows down, net profit attributable to parent company declines by over 70%. Zhongan Insurance executive responds at the mid-term earnings conference by actively reducing the scale of consumer finance business. Has already made efforts in th
① In the first half of the year, Zhongan Insurance achieved a total premium income of 4.538 billion yuan, a year-on-year increase of 5.4%; ② In the first half of the year, Zhongan Insurance achieved a net income of 0.055 billion yuan, a decrease of 74.96%; ③ Basic earnings per share was 0.04 yuan, and no interim dividends were distributed.
Hong Kong Stock Market Preview | Tencent Music's second-quarter paid user count reached a record high; China Energy Construction signed a contract with a Saudi solar project involving nearly 7 billion yuan.
The Guangdong-Hong Kong-Macao Cooperative Development Investment Promotion Conference was held in Hong Kong; Cui Dongshu, Secretary General of the China Passenger Car Association, stated that the domestic retail sales of gasoline cars in June and July have significantly declined, which has restrained the growth of the automobile market; Everg Services is expected to see a decline of approximately 40% in mid-term profits.
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%.
Quick overview during the session: Three major indexes fell simultaneously, while contract research organizations strengthen against the market; Shanghai Dazhong Public Utilities skyrocketed by more than 30%, with a cumulative increase of over 120% in fou
The constituents of the Science and Technology Index saw a general decline, with East Buy falling nearly 4%, BYD Electronic and NIO Inc falling over 3%, and Sunny Optical and Xpeng falling nearly 3%.
Mid-day Quick View: Hong Kong stock market is in a volatile consolidation phase, and the Hang Seng Index is up more than 1%; network technology stocks are rising, with Alibaba up more than 4%.
Insurance stocks rose across the board, with AIA up more than 2%, Ping An Insurance and China Life Insurance up more than 1%; most lithium battery sectors were weak, with Ganfeng Lithium Corporation falling more than 5% and Tianqi Lithium Corporation falling nearly 4%.