Guo Jiayao, managing director of Amri Asset Management, said that U. S. stocks improved on Tuesday, and corporate performance was satisfactory, driving the market up, with all three major indexes closing higher. The trend of the US dollar has been repeated, the interest rate on US 10-year bonds has risen to 1.64 per cent, the price of gold has repeatedly risen, and oil prices have continued to rise. Hong Kong stock depositary securities generally rose, and the market is expected to open higher in the early stages of the market. The mainland stock market rose, the Shanghai Composite Index opened low and rose high, closing up 0.7%, and the turnover on the Shanghai and Shenzhen stock markets shrank slightly.
Hong Kong stocks have continued to rise in recent days, with the index stabilizing above 25000 points, once as high as 25800 points of resistance, while trading in the big market is relatively quiet. The external trend continues to be strong, and new economy stocks generally improve, which will help drive the market up further. The index is expected to challenge 26200 points of resistance and support moving up to around 25400 points.
In addition, the State Council recently issued the opinions on promoting the High-quality Development of Modern Vocational Education, proposing to encourage listed companies and leading enterprises in the industry to conduct vocational education. The "opinion" points out that by 2025, the modern vocational education system will be basically completed, the conditions for running schools will be greatly improved, and the enrollment scale of vocational undergraduate education will not be less than 10% of the enrollment scale of higher vocational education. The "opinion" also proposes to jointly promote the deep integration of industry and education, create a number of benchmark industries that lead the integration of industry and education, cultivate a number of industry-leading industry-education integration enterprises, and actively cultivate market-oriented and standardized industry-education integration service organizations. The goal of the opinion is that by 2035, the overall level of vocational education will be among the highest in the world, and a skills-based society will be basically built. The social status of technical and skilled personnel has been greatly improved, and the supply of vocational education is highly matched with the needs of economic and social development. The policy supports the development of the vocational education industry and brings opportunities to the relevant higher education and vocational education shares, and the prospect is optimistic.
(the author is a SFC licensee and does not hold the above shares.)