[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

Damo: Target price for CNPC (00857) “increase in holdings” rating dropped slightly to HK$7.8

According to Damo, based on CNPC (00857)'s performance in the first quarter of this year, its net profit forecast for 2024 to 2026 was lowered by about 2%.

Zhitong FinanceMay 2 21:37 ET

Zhaojin Mining's Subsidiary Increases Stake in Tietto Minerals

Zhaojin Mining's (HKG:1818) indirect wholly owned subsidiary, Zhaojin Capital, increased its voting power in Tietto Minerals by over 50%, according to a filing with the Hong Kong Exchange on Wednesday

MT NewswiresMay 2 04:34 ET

Trending Stocks Today: GRAND OCEAN AR Soars 47.16%

May 2nd - Hong Kong stocks trending now:Gainers: $GRAND OCEAN AR(00065.HK)$ surges 47.16% to HK$0.16 with a turnover of HK$60.97 million. $SENSETIME-W(00020.HK)$ shoots up 31.14% to HK$1.6 with a turn

moomoo NewsMay 2 02:20 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