(Hong Kong / Beijing Comprehensive News) The continuous inflow of funds has caused the Hong Kong stock market to achieve six consecutive consecutive rises. The Hang Seng Index rose by more than 6%on Wednesday to rose to a new high in the past 20 months.
Comprehensive Hong Kong Newspaper and Sing Tao.com reported that one day after the National Day closed market, the Hong Kong Hang Seng Index opened on Wednesday (October 2), and the market was closed at 22,443 points, a large rise of 1310 points or 6.2%, and 6.2%.The highest collection has been closed since January 27 last year, with a ros of six consecutive trading days.
Although the long holiday of mainland China is closed, the Hong Kong Stock Connect is suspended from Wednesday to next Monday (October 7), but Hong Kong stock funds continue to flow.Under the absence of mainland funds, Hong Kong stocks trading on Wednesday reached 434.017 billion Hong Kong dollars (S $ 72 billion).
Hong Yan, the chief economist of Sirui Group, told the Finance News Agency that Hong Kong stocks rose on Wednesday. I believe that both mainland funds and Hong Kong capital are speculating. After all, the A -share market is closed. It is clear that the market is very longing for policy expectations.Mainland funds flow to Hong Kong stocks.
According to Bloomberg, in just eight days, Chinese stocks have recaptured the dominant position of emerging markets that have been lost in the past 10 months.As of the eve of the National Day (September 30), the weight of China's stock in the MSCI emerging market index has risen to 27.8%, the highest level since November 2023.
Reports pointed out that Chinese stocks turned over in emerging markets. Its market value has increased by 3.2 trillion US dollars since September 18 (S $ 4.12 trillion).Put a stimulus trick.Prior to this, due to the rise in stock markets such as India, Taiwan, and South Korea, the weights of Chinese stocks in the index decreased in a monthly month, which was the worst in history compared to other emerging market performances.
