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The overseas market will not stop for the Spring Festival! Looking back at the performance of Hong Kong and U.S. stocks during the Spring Festival in the past, will the New Year market see an explosive growth?
According to the News organized by Futu, since 2018, the average probability of an increase in Hong Kong stocks during the New Year period is as high as 80%, while U.S. stocks and Chinese concept stocks have a 70% increase probability.
Express News | Hong Kong Stock Midday Review: The Hang Seng TECH Index rose by 0.17%, with Food Production and chip stocks performing strongly.
Hong Kong stock market midday review | The three major Indexes collectively rebounded! Xiaomi and Tencent rose about 2%; Semiconductors stocks continued to rise, Semiconductor Manufacturing International Corporation rose over 4%.
Network Technology stocks weakened, Bilibili-W fell by 3.60%, XIAOMI-W rose by 2.59%; Sporting Goods stocks performed well, ANTA SPORTS increased by 5.32%, TOPSPORTS dropped by 3.44%; Hong Kong Retail Stocks weakened, BOSSINI INT'L rose by 3.81%, PRADA fell by 2.76%;
Express News | The Hang Seng TECH Index has increased by 1% during the day.
Express News | The Hang Seng Index opened down by 0.13%. The Hang Seng TECH Index fell by 0.06%.
Daily Bull and Bear | The Inflow of funds into Tencent is higher than that of the Hang Seng Index! Yesterday, Tencent's good position saw an additional investment of 66 million HKD; the proportion of bear certificates in circulation for the Hang Seng Inde
The Hang Seng Index night futures closed at 19,264 points, down 37 points; the net Inflow for long positions yesterday was 47 million HKD, and for short positions, it was 3 million HKD; the top five stocks for Inflow in long positions and the Index were: Tencent, Hang Seng Index, Xiaomi, Meituan, and Alibaba.