Mainland China fully supports the economic development of Hong Kong, and Hong Kong stocks brave breakthrough of 20,000 points!

On December 9th, the Hong Kong stock market rallied in the afternoon, with the Hang Seng Index breaking through 20,000 points and closing at 20414.09 points for the day, an increase of 548.24 points (2.76% increase). I believe many investors who were shorting the Hang Seng Index/Hang Seng TECH Index have incurred losses....

Performance of the stock markets in Hong Kong and Mainland China
Closing price on December 9th:
$Hang Seng Index (800000.HK)$Closing at 20414.09 points, an increase of 548.24 points (2.76% increase)
$Hang Seng TECH Index (800700.HK)$Closing at 4656.8 points, an increase of 192.15 points (4.3% increase)
$Hang Seng China Enterprises Index (800100.HK)$ Closed at 7360.67 points, up 224.12 points, (an increase of 3.14%).
$Ping An Bank (000001.SZ)$ Closed at 3402.53 points, down 1.54 points (a decrease of 0.05%).
$CSI 300 Index (000300.SH)$ Closed at 3966.57 points, down 6.57 points (a decrease of 0.17%).
$Shenzhen Component Index (399001.SZ)$Closed at 10731.66 points, down 59.68 points (a decrease of 0.55%).
Hong Kong's single-day trading volume is 206.53 billion.
Shanghai's daily trading volume is 649.443 billion.
Shenzhen's daily trading volume is 985.064 billion.
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Due to the fact that the major indexes of the mainland stock market were declining on December 9, while the Hong Kong stock market surged after the mainland stock market closed, market investors are looking forward to a rising trend in the mainland stock market on December 10.
On December 9, the Hang Seng Index futures rose above 21,000 points at night, believing that as long as the upward trend can be maintained, more and more investors will reinvest in the Hong Kong stock market.
In many past instances, after positive news driving the economy in mainland China, Hong Kong stocks have experienced a sharp rise followed by a decline, possibly related to overseas investors. Overseas investors still hold a large amount of Hong Kong stocks. I have observed that some overseas investors have been continuously selling off shares in the past two months, but it cannot be ruled out that they may take advantage of the good news to boost the stocks they hold. Therefore, investors must be cautious and try to avoid overvalued stocks and stocks with poor performance. When choosing stocks, pay attention to whether major shareholders have been consistently reducing their holdings in the past few months.
A stock known as the 'new stock king' will be listed on December 10 with a stock code. $MAO GEPING (01318.HK)$ On December 9, Futu's dark pool price closed at 44.9 Hong Kong dollars, with the stock price rising by more than 50 percent. This stock is highly valued. Although the prospectus shows that the company has good performance and a high gross margin, investors need to understand the real situation of the real economies in both places. If these high-end brands of cosmetics encounter a global financial crisis, their valuation may be reassessed. Remember, before investing, you need to assess your risk tolerance. Not everyone can afford to play the game of investing in hot stocks.
The general direction of the Chinese economy is to 'seek progress while maintaining stability' rather than rise and fall sharply. If financial crises occur at regular intervals, it will only continue to increase a large amount of national debt, just like the United States. Investment strategies should not be too aggressive.
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If the recent decline in the Hong Kong stock market has absorbed investors at levels ranging from 19000 to 20000 points, at this stage, you can patiently wait for the stock market to slowly rise. If you did not enter the market at the 19000 point level during this period, what should you do now? You should ask yourself why you didn't enter the market even when the Hang Seng Index fell to 19000 points.
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Some technical analysis and macro perspectives on Bitcoin/Ethereum:

A 5-day moving average on a monthly chart:
Whether it's stocks, cryptocurrencies, or indices, you can refer to whether their past trends have been consistently close to the 5-day line in the long term. If so, when the price is significantly far from the 5-day line, it indicates an increased risk of a pullback.
Key indices of the US stock market: $Dow Jones Industrial Average (.DJI.US)$ ， $S&P 500 Index (.SPX.US)$ ， $NASDAQ 100 Index (.NDX.US)$ ， $Nasdaq Composite Index (.IXIC.US)$ Currently, the distance from the 5-day moving average monthly line is far, investors need to pay attention to the risk.

After the short-term sharp rise in Bitcoin/Ethereum, at present, the distance from the 5-day moving average monthly line is too far, so it is not advisable to buy at the moment, and it is not advisable for investors to buy the corresponding currency or its spot ETF directly at this stage. If holding, it may be considered for profit.
If investors want to buy, they may consider buying the futures ETF of the corresponding currency:
Long Bitcoin Futures ETF: $CSOP Bitcoin Futures ETF (03066.HK)$
Short Bitcoin Futures ETF: $CSOP Bitcoin Futures Daily (-1x) Inverse Product (07376.HK)$
Go long on Ethereum Futures ETF: $CSOP Ether Futures ETF (03068.HK)$
Since all three ETFs mentioned are Futures ETFs, there is money to be made by buying in the right direction. However, it must be known that whether buying spot ETFs or Futures ETFs listed in Hong Kong, trading can only be done during normal trading hours of the Hong Kong stock market. If there is a significant price fluctuation in Bitcoin/Ethereum after market closing, it may potentially lead to significant losses for investors, so investors should be aware of the risks.

On a macro level: I believe that the recent actions taken by the United States lack rationality. The U.S. carries a huge national debt and should understand the importance of the U.S. dollar's global status to them, therefore should not support the development of Bitcoin. There may be some secrets behind the scenes that must be implemented, but such actions could increase financial risks for the United States.
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If you want to long the Hang Seng Index, you may consider: $CSOP HANG SENG INDEX ETF (03037.HK)$ $CSOP Hang Seng Index Daily (2x) Leveraged Product (07200.HK)$
If you want to short the Hang Seng Index, you can consider: $CSOP HANG SENG INDEX DAILY (07300.HK)$ ， $CSOP Hang Seng Index Daily (-2x) Inverse Product (07500.HK)$
If you want to long the Hang Seng TECH Index ETF, you can consider: $CSOP Hang Seng TECH Index ETF (03033.HK)$， $CSOP Hang Seng TECH Index Daily (2X) Leveraged Product (07226.HK)$
If you want to short the Hang Seng TECH Index ETF, you can consider: $CSOP Hang Seng TECH Index Daily (-2x) Inverse Product (07552.HK)$
If conservative investors prefer, buying a single leveraged ETF is more suitable than a double leveraged ETF.
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There are many in the Hong Kong stock marketTheme ETFs in A-share marketThe following A-share theme ETFs are provided for reference. Those interested can study them carefully:
Including: $CSOP FTSE China A50 ETF (02822.HK)$ ，  $CSOP MSCI China A 50 Connect ETF (03003.HK)$ ，  $MHCARE (03005.MY)$ ， $CSOP STAR 50 Index ETF (03109.HK)$， $CSOP Huatai-PineBridge CSI 300 ETF (03133.HK)$， $CSOP SZSE CHINEXT ETF (03147.HK)$
Personally, conservative investors may not be suitable for the Star Market and Yifangda GEM ETF.
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To determine the trend of the Hong Kong stock market, it is necessary to pay attention to the constituents of the Hang Seng Index. $TENCENT (00700.HK)$  ， $HSBC HOLDINGS (00005.HK)$  ， $MEITUAN-W (03690.HK)$ $HKEX (00388.HK)$ ， $CHINA MOBILE (00941.HK)$ ， $AIA (01299.HK)$  ， $BABA-W (09988.HK)$ $CCB (00939.HK)$ ， $ICBC (01398.HK)$  $BANK OF CHINA (03988.HK)$