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$Tesla (TSLA.US)$ Stuck at 215 and can't pass. 😬😬
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$Hang Seng Index (800000.HK)$ $Tesla (TSLA.US)$ $KUAISHOU-W (01024.HK)$ Hong Kong stocks continue to fluctuate and adjust, and the Hang Seng Index once retreated to 21,074 points without falling below 21,000 points. However, it had previously dropped to a low of 20,799 points yesterday and then started to rise, closing at 21,164 points, in line with expectations. In the short term, it will consolidate and digest near 21,000 points.
After the Hang Seng Index has corrected by 1,700 points from the high point, the Hong Kong dollar has once again approached the weak side link, and the Hong Kong Monetary Authority bought 4.2 billion Hong Kong dollars yesterday to defend the linked exchange rate system. This is also the first time that the HKMA has bought Hong Kong dollars since November last year, after a break of three months.
On the other hand, the inflation data released by the United States is extremely sensitive, and it will undoubtedly have a significant impact on the market in the short term. Therefore, investors are also waiting and not taking major actions. The turnover of the Hang Seng Index has also decreased to within billions of Hong Kong dollars.
Now the US employment data is ideal, with the exchange rates of the US dollar strengthening again, the Hong Kong dollar is likely to remain weak for a period of time, and today's announced US CPI for January increased by 6.4% year-on-year, expected to be 6.2%, and a 25 basis point rate hike in March is already certain.
Further rate hikes by the Federal Reserve will lead to outflows of funds from Hong Kong, causing the interbank offered rate for the Hong Kong dollar to rise and increasing the cost of capital, which will put certain pressure on the Hong Kong stock market.
The current valuation level of Hong Kong stocks has greatly reduced the cost-effectiveness, and on-exchange funds are looking for other investment opportunities after profit-taking...
After the Hang Seng Index has corrected by 1,700 points from the high point, the Hong Kong dollar has once again approached the weak side link, and the Hong Kong Monetary Authority bought 4.2 billion Hong Kong dollars yesterday to defend the linked exchange rate system. This is also the first time that the HKMA has bought Hong Kong dollars since November last year, after a break of three months.
On the other hand, the inflation data released by the United States is extremely sensitive, and it will undoubtedly have a significant impact on the market in the short term. Therefore, investors are also waiting and not taking major actions. The turnover of the Hang Seng Index has also decreased to within billions of Hong Kong dollars.
Now the US employment data is ideal, with the exchange rates of the US dollar strengthening again, the Hong Kong dollar is likely to remain weak for a period of time, and today's announced US CPI for January increased by 6.4% year-on-year, expected to be 6.2%, and a 25 basis point rate hike in March is already certain.
Further rate hikes by the Federal Reserve will lead to outflows of funds from Hong Kong, causing the interbank offered rate for the Hong Kong dollar to rise and increasing the cost of capital, which will put certain pressure on the Hong Kong stock market.
The current valuation level of Hong Kong stocks has greatly reduced the cost-effectiveness, and on-exchange funds are looking for other investment opportunities after profit-taking...
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完美无缺
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$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ The Federal Reserve will announce inflation data tomorrow, with an expected month-on-month growth of 0.5%. Last year, the global market followed this data, so if tomorrow's inflation data exceeds expectations, the US stock market will inevitably get hit.
So today is a day of pressure for the US stock market, stockholders, please take note.
So today is a day of pressure for the US stock market, stockholders, please take note.
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