[Special Offer V] Ye Shangzhi: Continued adjustment of capital flows on the periphery still favors Hong Kong stocks

Jinwu Financial News | On May 2, the Hong Kong stock market continued its upward trend. The Hang Seng Index broke out of an eight-wave upward trend and rose more than 440 points to close at the 18,200 point level. Calculated at the closing price, it was the first time since November 15 last year that it had returned above 18,000 points. The market volume also remained at a high level. Even though the Hong Kong Stock Connect market was suspended, it still recorded close to 120 billion yuan, higher than the daily average of 112.2 billion yuan in April, indicating that Hong Kong stocks are still in the phase of capital inflows. The situation is also favorable for further market expansion. It is beneficial for the market atmosphere to be stimulated and kept warm. The Federal Reserve announced maintenance after meeting

金吾財訊May 2 23:11 ET

Oil Had Its Worst Day in Months. There Are 3 Reasons

By Avi Salzman U.S. oil prices fell more than they have in months on Wednesday, dropping below $80 per barrel for the first time since March in response to signs of weak demand and an easing of Middl

Barron'sMay 2 00:13 ET

[Special Offer V] Ye Shangzhi: Capital is expected to continue to flow into Hong Kong stocks

Jin Wu Financial News | On April 30, on the eve of the May 1st holiday, Hong Kong stocks showed a narrow range of fluctuating market performance. After all, the Hang Seng Index has accumulated over 1,500 points in the short term, with an increase of quite a bit. In addition, the results of the Federal Reserve's interest rate discussions will be announced in the early hours of Thursday morning. I believe these are all news factors that have increased the demand for consolidation of Hong Kong stocks. The Hang Seng Index fluctuated and rose by less than 20 points, and continued to close at the level of 17,700 points, while market turnover recorded over 130 billion yuan. Although this is a drop from Monday's over 160 billion yuan, it is still close to 27% higher than the average of 102.5 billion yuan per day during the year, showing that Hong Kong stocks have recently

金吾財訊May 1 23:09 ET

Changes in Hong Kong stocks | Petroleum stocks had the highest gains, and oil prices are expected to remain high. CNOOC and its oil service companies performed well in the first quarter

Petroleum stocks had the highest gains. As of press release, CNOOC (00883) rose 4.76% to HK$20.7; Sinopec (00386) rose 4.28% to HK$4.87; CNPC (00857) rose 2.05% to HK$7.45; and CNOOC Services (02883) rose 1.53% to HK$8.63.

Zhitong FinanceApr 29 22:05 ET

Details of the latest Hong Kong and A-share holdings of foreign public equity giants are here

The fund's quarterly report revealed that public fund holdings under international asset management giants such as Fidelity, BlackRock, and Lubomai have surfaced. Zhou Wenqun of Fidelity Funds has the latest management scale of 680 million yuan. The first quarter heavy stocks of the Fidelity Heritage 6-Month Stock Fund under its management include CNOOC, Shaanxi Coal, China Shenhua, Midea Group, Yancoal Australia, etc., and its holdings are mainly energy stocks. Fidelity Inheritance drastically increased its allocation of Hong Kong stocks, increasing its allocation ratio from 14.4% at the end of last year to 24.31%. Fund manager Zhou Wenqun said in the quarterly report: “The fund has increased its allocation to the upstream sector, which is the main source of excess income; overallocation

Gelonghui FinanceApr 29 03:25 ET

A Look At The Intrinsic Value Of CNOOC Limited (HKG:883)

Key Insights CNOOC's estimated fair value is HK$22.23 based on 2 Stage Free Cash Flow to Equity Current share price of HK$19.68 suggests CNOOC is potentially trading close to its fair value Our fa

Simply Wall StApr 28 20:03 ET