Express News | Meituan: On September 26th, spent approximately 61.1632 million Hong Kong dollars to repurchase 0.4268 million shares, with a repurchase price per share of 142.6 Hong Kong dollars-143.5 Hong Kong dollars.
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%.
Express News | The National Development and Reform Commission: Private enterprises and private entrepreneurs are our own people, we must fully help the enterprises through difficult times.
Hong Kong stocks have been soaring for days on heavy volume, haven't jumped on board yet? These directions are still worth paying attention to.
In recent days, the heavy-duty policy bullish continues to catalyze, with large funds actively buying assets in China, and the market's bullish sentiment towards China has been fully ignited. Beneficiary sectors have already risen in advance. Lowering mortgage rates is bullish for consumer spending, with sectors like alcohol, gold, and jewelry taking the lead, while opportunities for biomedical and real estate stocks are worth looking forward to.
Shanghai government distributed a total of 0.5 billion yuan in consumer vouchers covering areas such as dining and lodging.
According to local media reports, the Shanghai municipal government recently reviewed and approved the "Our City Service Consumer Voucher Distribution Plan", deciding to distribute the 'Enjoy Shanghai' service consumer vouchers in four areas: dining, lodging, movies, and sports. It is introduced that this round of service consumer vouchers will be funded with 0.5 billion RMB from municipal finances, based on the proportion of consumption in each area and the demand of the citizens. Among them, dining accounts for 0.36 billion RMB; lodging accounts for 90 million RMB; movies account for 30 million RMB; sports account for 20 million RMB. This round of four types of vouchers will be distributed in a '2+1+1' manner, with dining and lodging vouchers to be distributed through the Shanghai Municipal Commission of Commerce, Shanghai
Hong Kong stocks are popping champagne! The Hang Seng Tech Index soared more than 20% in a week, while the Hang Seng Index's year-to-date gain has exceeded the S&P. What other opportunities are worth exploring?
Multiple fund companies and fund managers suggest that investors can focus on two main directions in the Hong Kong stock market: on one hand, pay attention to opportunities in interest rate-sensitive industries in the growth track, such as internet, electric vehicles, technology hardware, and biomedical sectors with longer durations; on the other hand, focus on high dividend-paying symbols with more certain shareholder returns.