Under the pressure of the Federal Reserve's interest rate hikes and the uncertainty of China's economic recovery, the Lu -Port stock market continues to sluggish.The Hong Kong Hang Seng Index has continued to break below the previous low on Thursday.
According to Bloomberg, the Hang Seng Index opened nearly 2%at the opening of the market to 18080.93 points.The lowest level.The Hang Seng State -owned Enterprise Index fell nearly 2%, and the Hang Seng Technology Index fell 3%.
The Federal Reserve raised interest rates 75 base points for the third time overnight. The dot matrix showed that the interest rate in 2023 will reach 4.6%, suggesting that the future interest rate hikes may be more radical and US stocks have fallen sharply.In addition, the Bank of China Financial Market issued a statement on Wednesday (21st) that the average interest rate of corporate loans at the end of August fell to the minimum value of statistics, consolidating the real economy, "not to be on time."
After the foundation of the Hang Seng Index in March, the positive information in the audit of China and the United States once drove the index to rise, but the current delisting of Chinese stocks is still concerned, and in the face of the Chinese real estate industry crisis and epidemic prevention preventionControlling many unfavorable factors such as the prospects of China's economic recovery, the friction between China and the United States, and the situation of Russia and Ukraine, the Hang Seng Index continued to undergo pressure.
The Hang Seng Index has fallen more than 20%this year, slipping to the worst annual performance since 2008; the Hang Seng State -owned Enterprise Index has also fallen by more than 25%this year, and it has now entered a technical bear market.