HSI2409 HSI SEP4
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HSI SEP4 News
The interest rate cut cycle is about to start, and funds are flowing into China's assets! Which Hong Kong stocks have taken the lead?
With the stimulus of the upcoming interest rate cut by the Federal Reserve, Chinese assets have shown signs of a breakout in recent times. The Hang Seng Tech Index has risen for five consecutive trading days, and several high-performing stocks have also started the market trend this month.
The expectation of a significant rate cut by the Federal Reserve is heating up, the Hang Seng Index has risen for four consecutive days, and the China Southern HSCEI ETF (159954) and the Hong Kong E Fund CSI Technology 50 ETF (159747) have both increased.
On September 18th, driven by optimistic sentiment, the Hong Kong stock market continued to rise, and the Hang Seng Index recorded four consecutive gains. As of 9:50, the China Southern HSCEI ETF (159954) rose 2.76%, the Hong Kong Technology ETF (159747), the CSI Central State-owned Enterprises Dividend ETF (520660) and the Hang Seng Index ETF (513600) all rose more than 1.2%. In terms of news, the expectation of a significant interest rate cut by the Federal Reserve may be one of the main reasons for the strong performance of the Hong Kong market. In addition, the amount of share buybacks in the Hong Kong stock market has exceeded HK$200 billion so far this year, surpassing the full-year totals of 2022 and 2023.
Rate cuts heating up! Funds pouring into Hong Kong stocks, how long can the market continue?
With the upcoming interest rate cuts by the Federal Reserve, stock indexes in multiple countries are hitting new highs.
Express News | The Hong Kong stock market will be closed for one day today.
Futu Morning News | Rate cut countdown! US stocks continue to break records; Bank of America: Long the seven giants of US stocks is still the most crowded trade.
"New美联储通讯社": The situation is complex, and there are still doubts about the magnitude of the Fed's first rate cut; if the Fed's first cut is done "properly", the record-breaking betting on a significant rate cut may face huge risks; Apple's iPhone 16 series pre-order sales in the first weekend fell short of expectations, analysts: the long-term outlook remains optimistic.
Selected Announcement | Germed Pharma announces entry into the field of weight loss drugs; Cathay Pacific Airways' passenger carried in August increased by 16% year-on-year.
On September 17th, Tencent spent 1.001 billion Hong Kong dollars to repurchase 2.64 million shares; Meituan spent approximately 0.161 billion Hong Kong dollars to repurchase 1.2636 million shares.
Japan Stocks Set to Rise, Australia Shares to Fall as Traders Await Fed, BOJ
Hang Seng Index night futures closing (9.18) | Hang Seng Index night futures (September) closed at 17660 points, up 0 points.
As of September 18th, the Hang Seng Index night session (September) closed at 17,660 points, down 14 points or 0.079%, with a high of 0 points.
HK stocks closed (09.17) | The Hang Seng Index rose 1.37%, with strong performance in real estate stocks. Midea Group Co., Ltd. (00300) recorded a close with a nearly 8% increase.
The market is focusing on this week's Federal Reserve interest rate decision. The Hong Kong stock market opened low and rose throughout the day, with all three major indices rising more than 1%. The gains further expanded in the afternoon.
Express News | Hong Kong stock market mid-day review: Hang Seng Index up 1.44%, with most popular technology stocks rising.
The Hong Kong stock market is booming during the Mid-Autumn Festival! Both the Hang Seng Index and the Technology Index have risen by more than 1%. What are the reasons?
China International Capital Corporation believes that the Hong Kong stock market is very sensitive to changes in external liquidity and may have a more significant reaction to the Federal Reserve's interest rate cuts than the A-share market, due to the impact of the Hong Kong linked exchange rate system.
Express News | The Hang Seng Index rose 1% to 17,596.61 points.
Express News | Hang Seng Index opened down 0.2%, Hang Seng Tech Index fell 0.42%. Midea Group Co., Ltd. opened high on its first day of listing, at 59.2 Hong Kong dollars, with an issue price of 54.8 Hong Kong dollars.
Express News | The Hang Seng Index fell by 0.2% at the opening, and the Hang Seng Tech Index fell by 0.42%.
Announcement Highlights | Yi Mingang Science and Technology Announces New Drug Product Development Strategy; Jia Zhao Ye Discloses Progress in Debt Restructuring.
Shenzhen Invest entered into a financing agreement with a bank regarding a term loan financing of up to 2 billion HKD with a financing period of 36 months.
Futu Morning Post | Senators jointly write to Powell, urging a 75 basis point rate cut this week; Intel to customize AI chips for amazon, with stock soaring over 11% after hours.
Barclays argues that if Trump implements unilateral forex intervention to weaken the US dollar, the cost will be too high; Ultraman has left the OpenAI safety and security committee, which will be chaired by Zico Kolter.
Hang Seng Index night session closing (9.17) │ Hang Seng Index night session (September) closed at 17425 points, up 3 points.
As of September 17th, the Hang Seng Index futures (September) closed at 17,425 points, down 25 points or 0.143%, with a high of 3 points.
Express News | Hang Seng Index rose by 0.31%, while Hang Seng Tech Index increased by 0.51%. Kuaishou surged by over 4%, Nio Inc rose by nearly 4%, and Xpeng rose by almost 3%. The Fed's expectation of a significant interest rate cut pushed the gold price to hit a new h
The stock price doubled in three trading days! The Hong Kong stock market has once again seen "monster stocks".
Today, while the A-share market and overseas stock markets are generally closed, the Hong Kong stock market is trading as usual. As of the time of writing, the Hong Kong stock market has seen a slight increase in the afternoon, with all three major indexes rising slightly. Among them, there have been some stocks in Hong Kong experiencing extreme fluctuations.
Hong Kong stocks turned around in the afternoon! Both Hang Seng Index and Technology Index reversed and rose, what happened?
Analysts believe that, under the current circumstances, both the Hong Kong stock market and the A-share market need policies as triggers. If China's stimulus policies can timely follow and exceed expectations after the Fed rate cut, the market may usher in a wave of prosperity.