Guo Jiayao, managing director of Amway Asset Management, said that US stocks continued to fall sharply on Wednesday, with rising expectations of interest rate increases triggered by market concerns about inflation. Us 10-year bond rates once exceeded a high of 1.9 per cent, dragging down the performance of the market. All three major indexes closed with losses. The trend of the US dollar fell, US 10-year bond interest rates rose first and then returned, gold prices improved, and oil prices continued to rise. Hong Kong stock depositary securities have not changed much, and there is expected to be a lack of direction in the early part of the market.
The mainland stock market fell, the Shanghai Composite Index opened high and closed low, closing down 0.3%, and the turnover on the Shanghai and Shenzhen stock markets has shrunk.
Hong Kong stocks continued to contend very lightly, with the index rising and falling at 24000 levels, financial stocks supporting the market, and inner housing stocks spurred by policy rumors. The overall market atmosphere remained stable, unaffected by external adjustments, and the index is expected to continue to rise and fall at 23800 to 24500 points.
In addition, more than a dozen enterprises, including Baidu, Inc. (09888.HK), Meituan (03690.HK), Xiao Hongshu, Shunfeng, Trip.com (09961.HK), Zhihu Inc., Tongcheng, Maoyan and 58.com, have announced that they will open deep cooperation in connectivity, which will start with the Spring Festival and carry out connectivity and cooperation at the three levels of traffic, technology and service ecology. It is understood that more than 10 enterprises mentioned above have launched Intelligent Mini Program in Baidu, Inc. App. Baidu, Inc. will open 10 billion traffic to interconnection partners during this year's "year of good Luck China" to create one-stop Spring Festival services for users. The interconnection of more than a dozen Internet enterprises can effectively enhance the user experience. Using the corresponding intelligent Mini Program in Baidu, Inc. 's App, users can directly complete high-frequency services such as hotel reservations, train tickets and movie tickets, eliminating the need to jump between different App. The open platform attracts traffic, which helps drive trading volume and has a positive impact on the relevant platforms.
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