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$Hang Seng Index (800000.HK)$ In terms of the Hong Kong stoc...

$Hang Seng Index (800000.HK)$ In terms of the Hong Kong stock market, the first trendline after breaking through the 17,000 level again fell below the second trendline support level of 15,600. There is an expanding downward trend, and it is really difficult to determine the bottom. There has been a trend of pushing down, so we can only treat the low point in this area as a warning line. At present, it is necessary to approach the 10,000 point level, so let's set it to the range of 10,690 for now! So I personally think that the decline of the Hong Kong Hang Seng Index should be given attention, because there are many H-shares in the Hong Kong stock market, and the decline of H-shares will drag down the stock prices of A-shares. For example, China Mobile H-shares, China Telecom H-shares, PetroChina H-shares, and so on, I won't give more examples. There are many H-share companies listed in Hong Kong. If they fall again together with the Hang Seng Index, it will inevitably affect the stock prices of the listed companies on the SSE Composite Index. There may be a stock-correcting effect, or the A-shares corresponding to the Hong Kong stock indexes may not fall, which may trigger a fall below the previous low point of 2863. This is an area that we need to pay attention to, because the rebound in this decline was not able to effectively approach and touch this area before rebounding. If the rebound fails and there is another decline, it is very likely that it will fall below 2863. Theoretically, if it falls for 3 consecutive days without effective reversal, the next support level in the theoretical analysis of the large cap should be in the range of 2400 to 2500. In this regard, the support strength seems to be stronger than that of the Hang Seng Index. Bear markets do not announce the bottom. All of the above are personal technical analysis, for reference only, not intended as any investment advice. $TRIP.COM-S (09961.HK)$ $MEITUAN-W (03690.HK)$
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