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Express News | Central Bank: In the next phase, reserve requirement ratio and interest rates will be lowered at an opportune time based on domestic and international economic and financial conditions and the situation of the financial market running.
Express News | The central bank: Make good use of the convenience of swaps between securities, Funds, and Insurance companies, as well as Share Buybacks and increase re-loans to maintain the stability of Capital Markets.
Hong Kong stocks are experiencing a rebound, and Xiaomi's stock price has reached a historic high! Institutions indicate that Hong Kong stocks are currently still in a high cost-performance Range.
The market is experiencing significant changes!
Hong Kong stock midday review | All three major Indexes have risen! Tech stocks and Golden Industrial Concept perform strongly, Xiaomi rose over 5%, and Laopu Gold increased by over 3%, with stock prices reaching new highs during the session.
Most Network Technology stocks rose, with XIAOMI-W up by 5.59% and SENSORY-W down by 3.55%; Hong Kong Retail Stocks weakened, with BOSSINI INT'L rising by 5.61% and PRADA falling by 4.45%; semiconductor stocks generally increased, with CONTEL up by 11.11% and HG SEMI down by 3.33%.
Express News | Hong Kong stock companies have repurchased a total of 265.7 billion HKD in 2024, with Tencent leading the pack.
Market Overview | Hong Kong stocks are rising again! The index at one point surged over 2%; Xiaomi-Backed stocks are leading the rally strongly, with Xiaomi Group soaring more than 5%, hitting an all-time high; Kingsoft Cloud increased over 10% again.
Network Technology stocks generally rose, with Xiaomi Group increasing by over 5%, and intra-day stock prices hitting a historical high; New energy Fund stocks climbed, with NIO rising nearly 5%; Golden Industrial Concept stocks continued to rise, with LINGBAO GOLD increasing by over 6%.