Director Zheng Zhujie of the National Development and Reform Commission: The country is intensifying efforts to introduce a package of incremental policies.
The State Council Information Office held a press conference today. Zheng Zhajie, director of the National Development and Reform Commission, stated that in response to new situations and issues in the current economic operation, a package of incremental policies will be vigorously introduced to promote the continuous improvement of the economy. Zheng Zhajie also stated that in response to the downward pressure on economic operation, macroeconomic policy counter-cyclical adjustments should be strengthened.
All eyes on it! A-shares return today, is the annual bull market about to begin?
Today, A-shares have returned strongly.
Futu Morning Post | Breaking news! The State Council Information Office will hold a press conference at 10 a.m. today, A-shares will open today; join the call on the Chinese stock market! Citigroup: There is still huge room for growth.
Overseas investors are pouring into Chinese stocks, with related funds attracting billions of dollars to set a new record; senior officials of the Federal Reserve temporarily withhold buying, eye-catching non-farm payroll data: overall risk balance slightly leaning towards labor market facing headwinds.
Global capital is crazy about 'swooping up', how much room for growth is left in the China stock market?
Goldman Sachs upgraded the Chinese stock market to "overweight", expecting a further increase of 15-20%; Deutsche Bank predicts that by as early as 2025, the Hang Seng Index and CSI 300 Index will return to historical peaks of 33,000 points and 5,500 points respectively, representing a potential upside of 42.9% and 36.9% from current levels. In terms of sectors, Wall Street believes that financial stocks are still relatively cheap compared to historical levels, brokerage stocks are expected to continue leading the bull market, consumer stocks are starting a new chapter after the policy shift, and sectors such as real estate, internet-related, industrial, medical care, among others, are also worth paying attention to.
US stock market morning session | The three major indices all fell, with amazon falling more than 3%; Chinese concept stocks continued last week's upward trend, Alibaba rising more than 2%, li auto inc rose 5%
On the evening of the 7th Beijing time, the US stock market opened lower on Monday. The rise in US Treasury yields put pressure on the stock market, with the 10-year Treasury yield exceeding 4% for the first time since August. Ongoing tensions in the Middle East dampened market sentiment and boosted oil prices. This week, the market is focused on the Fed meeting minutes, CPI inflation data, and earnings reports.
During the long holiday, by how much did the market help boost the A-share?
During this holiday, the average increase in the Hong Kong stock market tracking the csi 300 index ETF reached 20%, while the average increase tracking the chinaamc star50 etf reached 64%. Almost all of the 150 ah stocks listed have risen, with an average increase of over 90% in brokerage stocks.
U.S. Stock Market Outlook: Wall Street strategists are bullish on U.S. stocks, with s&p 500 expected to rise by another 10%! China assets etf continue to rise before the market opens, doubling the long positions in the csi 300 index, up more than 9%.
Apple plans to release Apple Intelligence and iOS 18.1 on October 28; amazon was downgraded by wells fargo & co, indicating limited visibility for short-term profit recovery, dropping 1.80% pre-market.
U.S. stocks | Chinese concept stocks continue to surge! Ctrip, full truck alliance, jd.com hit new stage highs again; AI video models explode on the scene! Meta rises by more than 2% with stock prices approaching $600.
In terms of US stock market innovation leaders, american express rose 3.02% to the top of the list, Meta rose 2.26%, exxon mobil rose 1.84%.
A-share market dress rehearsal? The Hong Kong stock market is hot for A-share etf, with the most powerful increase of over 160% in just 5 days!
Unable to buy A-shares, is tracking the Hong Kong stock ETF that follows the A-share index the best alternative?
Futu Morning Post | Hang Seng Index's annual increase shines globally! Chinese stocks and funds are soaring overseas; Goldman Sachs cheers 'overweight' Chinese stock market! Can rise another 15%-18%.
Wall Street analysts are calling out: buying China is the most important market call right now, the csi 300 index could hit 6000 points within a year! Chen Maobo: Hong Kong's market cap has risen to 39.4 trillion Hong Kong dollars, expecting many companies to expedite their listing process in Hong Kong; With the "star effect" from Wall Street, the "China Dragon" etf is about to directly confront the seven giants of the US stock market.
There is still room for upside! Goldman Sachs: China's stock market is raised to "overweight", expected to rise another 15-20%.
Goldman Sachs raised the target price of MSCI China from 66 to 84, and raised the target price of the CSI 300 Index from 4000 to 4600. In terms of industry allocation, Goldman Sachs adjusted insurance and other finance to overweight, metals and mining to neutral, and telecommunication services to underweight.
Shanghai and Shenzhen Stock Exchanges will conduct a full network test tomorrow! Hong Kong stocks surged during the holiday, with the Chinese concept stock index soaring over 2000 points in two weeks.
Shanghai and Shenzhen stock exchanges will conduct a full network test tomorrow.
U.S. stock market morning session | September non-farm payroll data far exceeded expectations, with the three major indices opening higher before falling back slightly; most technology stocks rose, with AMD, tesla, and amazon up more than 2%.
As of press time, the Dow rose by 0.63%, the Nasdaq rose by 1.03%, and the s&p 500 index rose by 0.68%.
US stock market outlook: US September non-farm data higher than expected! Three major futures indicators surge in a straight line; will Chinese concept stocks continue to climb? Morgan Stanley: If short positions cover, it will push up the upward trend.
Bank of America: China stock fund saw the second highest inflow scale in history in the past week; European Central Bank Governing Council: inflation is under control, concerns arise as labor market cools down; spirit airlines plunged 33% before the market, the company is discussing potential bankruptcy application terms.
Is the market dovishness too loud? Non-farm will be a key element of the expected adjustment!
The market is more dovish than the Federal Reserve, and ultimately both sides will have to adjust their expectations. Tonight's non-farm payrolls report is a key data point.
The major strike at the ports in the USA has finally come to an end! Democrats can finally breathe a sigh of relief during this critical election period.
①On Thursday (October 3rd) local time, dock workers in the usa announced the end of a three-day strike; ②The temporary agreement reached by both labor and management includes a 62% salary increase for workers over the next six years; ③The end of the strike has eased the public's panic and also eliminated a potential political issue for Vice President Kamala Harris's campaign.
US Stocks Gold Rush | Silicon Valley giants speak up again for AI power usage! Nuclear power stocks VST, CEG both hit record highs; Middle East tensions ignite fuel prices, valero energy, marathon petroleum surge over 5% overnight.
In terms of leading giants hitting new highs in the US stock market, Meta rose 1.74% to the top of the rankings, exxon mobil rose 0.87%, and Fidelity Financial Services rose 0.5%.
Hong Kong stocks become the "hottest" stock market in the world! The Hang Seng Index has risen nearly 40% so far this year, with brokerage stocks surging sixfold in five days. How will the future market evolve?
It is noteworthy that brokerage stocks, as the vanguards of the bull market, play the role of "front-runners" in this current uptrend. Moreover, Chinese-affiliated brokerage stocks in the Hong Kong market have shown astonishing increases, indicated by the gains over the past five trading days.
After England and Japan took turns releasing pigeons, the situation in the Middle East became unstable. On the eve of non-farm payrolls, the US dollar has risen for four consecutive sessions!
Forex broker XTB's research director Kathleen Brooks said, "The strong risk of the September non-farm payroll report could lead to greater than usual fluctuations in the US stock market and the US dollar, with increased safe-haven sentiment and the US non-farm payroll report, it is a combination that can easily cause market turbulence."
"Bull market leader" sends a heavy signal, market optimism continues to rise! Is a major trend about to emerge?
The brokerage sector has always been a barometer of bull markets. Today, brokerage stocks once again surged across the board, indicating that the market still holds a generally optimistic outlook for the future performance of the Hong Kong stock market.