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Hong Kong stocks soar, technology stocks collectively explode! The heavyweight conference is underway, what other bullish news is there?
Hong Kong stocks have received multiple bullish news, with institutions being bullish about Chinese assets!
What is the market anticipating behind the surge in Hong Kong stocks?
On Wednesday, the China Securities Regulatory Commission released the 'Eight Measures for the Star Market.' Some analysts pointed out that the market expects more supportive policies to be introduced and expects bank reforms to increase shareholder returns. In addition, after the previous adjustment, Hong Kong stocks may have bottomed out, coupled with the expectation that the Federal Reserve will still cut interest rates this year, all of which provide soil for the rebound of Hong Kong stocks.
Hang Seng Index Likely to Consolidate Between 18500-20000 Near Term
0642 GMT - Hong Kong's Hang Seng Index is likely to consolidate between 18500 and 20000 in the near term, according to CCB International analysts Cliff Zhao and Wilson Zou in a research note. They say
Express News | Hong Kong's Hang Seng China Enterprises Index up More Than 3%
Hang Seng Index Could Consolidate in Near Term While Awaiting New Catalysts
0655 GMT - The Hang Seng Index could consolidate between 18500 and 20000 in the near future after the benchmark's recent rally, CCB International analysts Cliff Zhao and Wilson Zou say in a research n
Is the meme stock frenzy a preview of the US stock bubble? GameStation and AMC theaters continue to fall
This week's meme stock frenzy is fading away, and it continued to fall before Friday's market.