No Data
Hong Kong stock concept tracking | The Ministry of Commerce will introduce a batch of new policies in the consumer sector. Institutions are bullish on the growth of paper demand brought about by the recovery in consumer spending (with concept stocks)
The Ministry of Commerce will work with relevant departments to introduce a batch of new policies in the consumer sector.
China Galaxy Securities: The paper industry continues to be under pressure from the continued contradiction between supply and demand, with prices continuing to decline.
Currently, the demand side of the pulp and paper industry is weak, coupled with concentrated capacity release, the supply-demand contradiction continues to be under pressure, and prices continue to decline.
BOCI Research of Bank of China International: Optimistic about the Hong Kong stock market outlook for the fourth quarter, short-term recommendation to focus more on large banks, major state-owned real estate enterprises, leading construction companies, an
BOCI Research reports that the trading volume in the Hong Kong stock market over the past two weeks has hit a historical high. The bank believes that the funds flowing into Hong Kong stocks are mainly trading funds and passive funds, leading to short-term market volatility. CICC believes that a more flexible monetary policy combined with a comprehensive and proactive fiscal policy is key to driving economic growth and improving the fundamentals of listed companies, which will help restore stock market valuations. The bank remains optimistic about the outlook for the Hong Kong stock market in the fourth quarter. In terms of major investment strategies, it is recommended that investors focus more on large banks, large state-owned real estate companies, leading construction companies, and high-quality stocks in the short term.
Jimmy Kwok: Beishi's temporary suspension of Hong Kong stocks is expected to challenge the 22,000 level. Hang Ten Global (01044.HK) valuation still remains low.
Derek Kwok, the Investment Director of Macroharbor Asset Management, stated that the US stock market performed poorly on Tuesday, October 1st, due to concerns about the worsening geopolitical situation in the Middle East, affecting investment sentiment. All three major indices closed with losses, while the US dollar showed strength. The yield on the 10-year US Treasury fell to 3.73%, and gold prices remained high while oil prices rebounded slightly from their lows. Hong Kong stocks are expected to open slightly lower in the morning, with individual developments in pre-market securities. Mainland Chinese stocks performed well before the National Day holiday, with market expectations of more bullish policy implementation. The Shanghai Composite Index surged to the 3,300 level, and the trading volume in both Shanghai and Shenzhen hit a historic high. Hong Kong stocks showed continued strength before the holiday, with the indices reaching high levels.
HENGAN INT'L: Interim Report 2024
The Hang Seng Index fell 125 points, with Topsports down 16% and lithium industry stocks rebounding.
The market is waiting for US inflation data. US stock futures are soft, and Hong Kong stocks fell today. The Hang Seng Index opened 182 points lower, with the decline widening to 269 points at a low of 16,964 points. In the afternoon, the decline narrowed, with a total daily drop of 125 points or 0.7% to close at 17,108 points. The HSI Technology Index gained less than 1 point, closing at 3,450 points. The total trading volume of the market for the whole day was 105.785 billion yuan. Chinese tech stocks fell back, with Sinopec (00386.HK), CNOOC (00883.HK), and PetroChina (00857.HK) all down more than 2%.
No Data
No Data