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At 9 a.m. this morning! A major meeting at the State Council Information Office is about to be held, with over 400 billion in medium to long-term funds expected to enter the market.
According to non-bank insurance research estimates, if the four types of medium to long-term funds each increase their market entry by 1 percentage point, it could bring in an incremental capital of 430 billion.
Announcement highlights | China Pacific Insurance anticipates a 55% to 70% year-on-year increase in net income for 2024; CHOW TAI FOOK's retail sales declined by over 10% last quarter.
CMOC Group Limited released a profit warning, expecting an annual net income of 12.8 billion to 14.2 billion yuan, an increase of 55.15%-72.12% year-on-year.
Futu Morning Report | "Interstellar Gate" Concept stocks are in a frenzy, ARM surged nearly 16% overnight; promoting the entry of medium to long-term funds into the market! China's Capital Markets welcome significant proposals.
The CEO of the world's largest sovereign wealth Fund advises: sell USA Technology stocks and buy China Assets; in the face of policy undercurrents after Trump's return, the European Central Bank still plans to continue lowering interest rates; an extreme winter storm hit the southern USA, and multiple states declared a state of emergency.
Bearish Trend Strengthens In Hang Seng Index Futures
The Hang Seng Index night future closed at 19,924 points with a premium of 145 points.
As of January 23, the Hang Seng Index night futures (January) closed at 19,924 points, up 78 points or 0.393%, with a premium of 145 points.
This time, the entry of medium to long-term funds into the market is described as "exceeding expectations"! What mysteries will the press conference at 9 AM tomorrow reveal?
① The plan for the entry of medium- and long-term funds into the market has been implemented, and the market is looking forward to the press conference tomorrow by the State Council Information Office; ② Institutions calculate that if the four types of medium- and long-term funds only increase their market entry by 1 percentage point, it could bring in additional funds of over 400 billion; ③ A press conference will be held tomorrow morning at 9 o'clock.