(Shanghai/Washington Comprehensive News) Both Chinese A shares and Hong Kong stocks fell on Wednesday (December 13).: //www.zaobao.com.sg/news/china/story20231212-1455780 "R = Nofollow Target = _blank> Official Annual Economic Work Conference It was disappointed.
A -share and Hong Kong stocks opened on Wednesday to fall. Among them, the three major A -share indexes opened their collectives, and then maintained low operations throughout the day.The Shanghai Stock Exchange Index closed down 1.15%, and once again broke 3,000 points, and 9.590 billion yuan (S $ 1.79 billion) was sold northbound funds throughout the day.
The three major indexes of Hong Kong stocks have also opened low. As of the close, the Hang Seng Index fell 0.89%, the Hang Seng Technology Index fell 1.18%, and the state -owned enterprise index fell 1.13%.
Bloomberg said that the market response shows that the pessimism of the Chinese market may continue until next year.The CPC Central Committee's Economic Work Conference closed on Tuesday. Although a number of policy signals released in the meeting and emphasized industrial policy and technological innovation, there are almost no signs that the policy makers will formulate plans for the dilemma of the real estate industry.Stimulation measures and remedy.
Ding Shuang, the chief economist of Standard Chartered Bank and Chief Economist in North Asia, pointed out that this meeting shows that compared with previous years, technology autonomous is more important. "I have not seen any signs of large -scale stimuli."
Eric Zhu, an economist of Bloomberg Society, said that the meeting admitted the challenges such as weak domestic demand, sluggish consumption, real estate and local debt risks facing.Solution.In the next year's priority matters formulated by policy makers, I have not seen any views on changing the outside world's views on economic growth and policy prospects.
The CPC Central Committee's Economic Work Conference put forward nine key tasks for promoting high -quality development in 2024. Among them, "the construction of a modern industrial system with scientific and technological innovation" was put first.Regarding the real estate industry, the meeting mentioned that it is necessary to actively resolve real estate risks and treat the reasonable financing needs of different ownership real estate companies. This wording has not changed from previous official statements.