China's economy has begun to stabilize, and Beijing's launch of Huigang's financial policy has prompted the Hong Kong stock market on Friday (May 3) on the ninth day of continuous rise, standing at the 18,000 -point mark, and setting the longest rising as a time since 2018Top.The analysis pointed out that Hong Kong stocks have entered a technical bull market. Under the leadership of funds, the rise should not end.
After the Hong Kong Hang Seng Index opened 336 points on Friday, the rise continued, up to 400 points, weighed at a level of 18600 points, the closing of the market increased by 268 points to 18475 points, up 1.48%, and the transaction value exceeded 116.1 billion yuanHong Kong dollar (S $ 200.38 billion).
Leading Hong Kong stocks, including a lot of technology stocks, of which JD.com rose 5%to HK $ 127, the largest blue chip stocks in the full day; Tencent rose 1%to HK $ 364.4; Alibaba rose 4%to HK $ 79.2; Meituan rose 0.5%to HK $ 119.7.
In addition, the number of passengers in Macau, China May Day Golden Week, and continued to bring support for gaming stocks. Silver entertainment rose more than 3%to HK $ 37.5; Sands China rose nearly 5%to HK $ 20.25; Wynn rose 3 to 3%, Reported at HK $ 7.78; MGM rose 7%to HK $ 14.9.
Summary throughout the week, the Hang Seng Index has increased by 824 points.In addition, the HSI has risen for nine days and has risen 2251 points, setting the longest rising record since 2018.
The Hong Kong stock market has been weak in recent years. The Hang Seng Index once fell to more than 14,000 points at the beginning of this year. The amount of new stocks also decreased significantly. The data showed that the total market value of the Hong Kong stock market was surpassed by the Indian stock market.International Financial Center Site.
However, the recent Chinese economy has begun to improve, and the central government's policy is favorable, especially the China Securities Regulatory Supervision has announced five new measures to Hong Kong cooperation earlier, including further expansion and optimization of Shanghai -Shenzhen -Hong Kong -opening mechanism and supporting mainland leading enterprises to go toHong Kong listing, etc., has driven Hong Kong stocks significantly in recent times.The Hang Seng Index has risen 444 points on Thursday (May 2nd), weighing at the 18,000 -point mark, and rising at 1983 on the eight days.
It is worth mentioning that since the Hang Seng Index touched the lowest point of 14794.16 points during the year on January 22 this year, the index has begun to show a background.As of now, the Hang Seng Index has risen by more than 20%compared with the lowest point of the year, and has entered a technical bull market according to technical analysis standards.
UBS Group said that the global risk shelter fund adopting a long -short strategy of stocks is increasingly optimistic about China. This can be seen from their holdings of Hong Kong stocks.The performance of Jiadian Monthly shows that it is better than most major markets.
UBS issued the latest research report that the Hong Kong stock market trend changed in the last few days of April, which was in sharp contrast to the situation in February this year. At that timeOn the day of the report that tracked the flow of insurance shelter, with the rise of Hong Kong stocks, the long -to -short risk shelter funds continued to purchase Chinese companies listed in Hong Kong.
Analysts urges retail investors to be alert to not follow foreign purchase shares
Shao Zhiyao, a senior investor in Hong Kong, analyzed during an interview with Lianhe Morning Post. In recent years, the Hong Kong stock market has fallen to a low of 14,000 points. Because low is not low, some foreign funds are considered to be favorable.As a result, the HSI rose sharply.He believes that Hong Kong stocks will wander between 17,000 and 20,000 in the next six months.
Zeng Yongjian, the director of investment in Hong Kong Shengsheng Capital, also said in an interview with the Hong Kong Economic News Agency that the HSI has rebounded from a low level 16044 last month.Provide rising power for Hong Kong stocks.
Zeng Yongjian pointed out that foreign capital has seriously low -end Hong Kong stocks. Now China's economic prospects have improved. In addition, the Chinese government has recently improved the digestive house storage house as the main point of work.It also drives the performance of the housing stocks and the atmosphere of the city.If there are any measures to take the right medicine, it is expected that the Hang Seng Index will still challenge the high position repeatedly in the next three to six months. At present, the downward adjustment will not be large, and it will have greater support at 18200 points.
But Shao Zhiyao reminded that the game between China and the United States is hot, and the direction of Hong Kong stocks in the future still depends on foreign capital: "If foreign capital decides to continue to take off from Hong Kong, it will add high -Hong Kong stocks on the surface.Selling goods, retail investors should be careful not to buy closely. "
