Will the Chinese stock market continue to climb higher? (Detailed analysis in Mandarin)
Friends who invest in China-Hong Kong stocks, a must see! Is the stock market in Hong Kong starting to recover? Now, is it really time to enter?
Regarding the Hong Kong stock market, we see a lot of news that the Chinese economy is starting to recover, with GDP growth of 5.3% higher than expected 4.6% in Q1, industrial production grew by 4.5% and retail sales grew by 3.1%. In addition, the unemployment rate also fell by 0.3% from last year to 5.2%. Looks like it's really getting off to a good start!
However, after the quarterly reports of the major companies in May, we compared the Q1 net profit growth of the giants of each sector (23 companies) and found that this is not the case... China's 4 largest banks — Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, China Construction Bank in Q1 2024, net profit was lower than Q1 2023...
Watch all content for free on Youtube: https://www.youtube.com/watch?v=L14VYNuRbjw&t=11s Every quarter, we analyze the net profit growth of the major companies in the U.S. stock market and update how the stock market is headed. You can access WhatsApp groups for free and get updates. https://chat.whatsapp.com/LQME7NN2DyrL8Gq2rCTOL2
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曾是金融科技公司CEO，35歲退休。主要投資在美国中國的成長型公司。投資組合：
2023: +73.91%
2024: +26.71%
YT 🔍姐夫說美股
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