$Hang Seng Index (800000.HK)$ $Tesla (TSLA.US)$ $KUAISHOU-W (01024.HK)$ 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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$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ 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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$Tesla (TSLA.US)$ $TENCENT (00700.HK)$ This week, Hong Kong stocks continued the volatile trend of last week. The week started with a gap down opening to set a new low of 21,086 points for this round of pullback. Subsequently, there was a weak rebound. Although there was a counterattack on Thursday, it was once again suppressed on Friday.
On Friday, the Hang Seng Index plummeted by 2%, and the Hang Seng Tech Index fell even more sharply by 4.58%, breaking below the 4400 level. It retraced nearly 10% from its high point, fortunately without a significant increase in volume.
The trigger for the sharp drop in Hong Kong stocks on Friday was due to issues in the USA. The New York Times reported that the US government plans to implement new regulations restricting American companies from providing funding to enterprises in China engaged in advanced technology development. This directly impacted network technology stocks, leading to a steep decline in Hong Kong's technology stocks.
The lower opening of Hong Kong stocks on Friday was already affected by the previous night's decline in the US stock market. Over in the US, as Tesla's stock price surpassed $200, doubling from this year's low point, there's a sense that the sentiment for this round of American stock market recovery may have peaked. Additionally, this year the USA is faced with a dilemma of non-increasing interest rates leading to inflation, while raising rates may trigger an economic recession.
Currently, the 2-year US Treasury yield is 4.49%, the 10-year yield is 3.69%, and the long-short government bond yield has experienced the largest inversion in 40 years, which is usually seen as a signal of an imminent economic recession.
After analyzing so many external factors, I believe the direct cause is that the bullish expectations following the relaxation of the epidemic have been exhausted, causing people to think about running away after rising, and taking profits.
Judging from recent trends, the Hong Kong stock market may fluctuate between 0.02 million points to 0.022 million...
On Friday, the Hang Seng Index plummeted by 2%, and the Hang Seng Tech Index fell even more sharply by 4.58%, breaking below the 4400 level. It retraced nearly 10% from its high point, fortunately without a significant increase in volume.
The trigger for the sharp drop in Hong Kong stocks on Friday was due to issues in the USA. The New York Times reported that the US government plans to implement new regulations restricting American companies from providing funding to enterprises in China engaged in advanced technology development. This directly impacted network technology stocks, leading to a steep decline in Hong Kong's technology stocks.
The lower opening of Hong Kong stocks on Friday was already affected by the previous night's decline in the US stock market. Over in the US, as Tesla's stock price surpassed $200, doubling from this year's low point, there's a sense that the sentiment for this round of American stock market recovery may have peaked. Additionally, this year the USA is faced with a dilemma of non-increasing interest rates leading to inflation, while raising rates may trigger an economic recession.
Currently, the 2-year US Treasury yield is 4.49%, the 10-year yield is 3.69%, and the long-short government bond yield has experienced the largest inversion in 40 years, which is usually seen as a signal of an imminent economic recession.
After analyzing so many external factors, I believe the direct cause is that the bullish expectations following the relaxation of the epidemic have been exhausted, causing people to think about running away after rising, and taking profits.
Judging from recent trends, the Hong Kong stock market may fluctuate between 0.02 million points to 0.022 million...
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$Tesla (TSLA.US)$ Looking at future trends, it is often necessary to skip the daily ups and downs. Looking at the weekly market, the trend is more clear.
First, let's look at the A50 index, which is highly convergent with the Hang Seng Index. Today's pullback is still on the 5-day line. Looking at the weekly line, the A50 upward trend is generally two weeks of correction and then rising again, so we can observe whether A50 will rise again next week.
As for the NASDAQ, the decline was blocked from the 12210 position on the weekly line, but the upward trend on the weekly line has not been disrupted. Next week, we will also observe whether the weekly suppression can be broken through.
Looking at the weekly line, the decline of the Hang Seng Index was clearly blocked by the green line at 22385. Although it gave some hope this week under Tencent's leadership, it returned to a weak position by Friday, and the suspense remained until next week.
However, for the weekly US dollar, this week is the second week of the rebound. Although the magnitude is small, for precious metals, the stock index is still quite lethal. Gold fell 100 points, while the Hang Seng Index pulled back 1,700 points from its high point, and the A50 fell 5% from its highest point.
Therefore, the focus of observation still depends on whether the rebound of the US dollar can break through the 104 integer mark and the stabilization of the Hang Seng Index next week.
Of course, if the Hang Seng Index follows the trend and makes up for the 20793 gap, it's actually a pretty good opportunity to go long. Because peripheral US stocks and A-shares are not bad, falling is of course an opportunity. $Nasdaq Composite Index (.IXIC.US)$
$Hang Seng Index (800000.HK)$
...
First, let's look at the A50 index, which is highly convergent with the Hang Seng Index. Today's pullback is still on the 5-day line. Looking at the weekly line, the A50 upward trend is generally two weeks of correction and then rising again, so we can observe whether A50 will rise again next week.
As for the NASDAQ, the decline was blocked from the 12210 position on the weekly line, but the upward trend on the weekly line has not been disrupted. Next week, we will also observe whether the weekly suppression can be broken through.
Looking at the weekly line, the decline of the Hang Seng Index was clearly blocked by the green line at 22385. Although it gave some hope this week under Tencent's leadership, it returned to a weak position by Friday, and the suspense remained until next week.
However, for the weekly US dollar, this week is the second week of the rebound. Although the magnitude is small, for precious metals, the stock index is still quite lethal. Gold fell 100 points, while the Hang Seng Index pulled back 1,700 points from its high point, and the A50 fell 5% from its highest point.
Therefore, the focus of observation still depends on whether the rebound of the US dollar can break through the 104 integer mark and the stabilization of the Hang Seng Index next week.
Of course, if the Hang Seng Index follows the trend and makes up for the 20793 gap, it's actually a pretty good opportunity to go long. Because peripheral US stocks and A-shares are not bad, falling is of course an opportunity. $Nasdaq Composite Index (.IXIC.US)$
$Hang Seng Index (800000.HK)$
...
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$Apple (AAPL.US)$ $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ Apple's board of directors announced that it will distribute a cash dividend of $0.23 per share to the company's common shareholders, and this dividend will be paid to registered shareholders as of the close of business on February 13, 2023, on February 16, 2023.
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$Tesla (TSLA.US)$ The bright moment has arrived. Last year it dropped 9 working days in a row; this year, which has already gone up 8 working days, can it continue to rise for 10 working days? The scariest thing is that it directly doubled within a month, and I'm looking forward to seeing how it develops in the future
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$S&P 500 Index (.SPX.US)$ Today, the Hang Seng Index has been trading sideways around 4110. If it falls below 4100 to 4080 today, I will close out my long position and go short, or else if it doesn't break 4100, I will continue to hold my long position. Personal views, for reference only! $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$
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$Tesla (TSLA.US)$ $Apple (AAPL.US)$ Apple today announced the company's first fiscal quarter results for fiscal year 2023. According to the report, Apple's net revenue for the first fiscal quarter was US$117.154 billion, down 5% from US$123.945 billion in the same period last year. This was the first time since 2019 that the company experienced a year-on-year decline in revenue, and recorded the biggest quarterly revenue decline since September 2016; net profit was US$29.998 billion, down 13% from US$34.63 billion in the same period last year. Among them, Greater China's revenue was US$23.905 billion, down 7% from US$25.783 billion in the same period last year.
Apple's revenue and earnings per share for the first fiscal quarter failed to meet Wall Street analysts' expectations, leading to a sharp drop of nearly 4% after the market. $Apple (AAPL) $
Apple's board of directors announced that it will pay a cash dividend of $0.23 per share to the company's common shareholders. This dividend will be paid on February 16, 2023 to registered shareholders whose business hours end on February 13, 2023.
Apple's revenue and earnings per share for the first fiscal quarter failed to meet Wall Street analysts' expectations, leading to a sharp drop of nearly 4% after the market. $Apple (AAPL) $
Apple's board of directors announced that it will pay a cash dividend of $0.23 per share to the company's common shareholders. This dividend will be paid on February 16, 2023 to registered shareholders whose business hours end on February 13, 2023.
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$Tesla (TSLA.US)$ $TENCENT (00700.HK)$ At age 7, the boy caught a cicada and thought he had caught the whole summer;
When I was 13, I held the girl's hand and thought we could be together forever;
At the age of 21, the boy dropped out of school and moved to school, and the girl had already gone to key universities. The boy thought to himself that he would definitely be worthy of her in the future
At the age of 28, the boy learned to buy stocks, sell high, and take a low, mixed bag;
When I saw the girl again, it was in Dongguan, in a dim room. The girl spoke first: 998. Seeing that you are an acquaintance, accept you 888; the boy grabbed the girl's hand: Come with me, I'll marry you;
The girl softly — laughed: I'm sorry, I still have guests;
The last time I saw the girl, she stood on the roof and asked the boy: I'm terminally ill. I just want to ask you before I leave, do you still love me;
The boy's voice trembled: Love, wait for my stock to pay back, take you to treatment;
The girl asked: What kind of stock did you buy;
The boy replied: $TENCENT (00700.HK)$
As soon as the voice dropped, the girl leapt down without hesitation
When I was 13, I held the girl's hand and thought we could be together forever;
At the age of 21, the boy dropped out of school and moved to school, and the girl had already gone to key universities. The boy thought to himself that he would definitely be worthy of her in the future
At the age of 28, the boy learned to buy stocks, sell high, and take a low, mixed bag;
When I saw the girl again, it was in Dongguan, in a dim room. The girl spoke first: 998. Seeing that you are an acquaintance, accept you 888; the boy grabbed the girl's hand: Come with me, I'll marry you;
The girl softly — laughed: I'm sorry, I still have guests;
The last time I saw the girl, she stood on the roof and asked the boy: I'm terminally ill. I just want to ask you before I leave, do you still love me;
The boy's voice trembled: Love, wait for my stock to pay back, take you to treatment;
The girl asked: What kind of stock did you buy;
The boy replied: $TENCENT (00700.HK)$
As soon as the voice dropped, the girl leapt down without hesitation
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$Coinbase (COIN.US)$ I'll be back. This drop is just a drizzle.
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完美无缺 OP Divided Sky : Don't understand what you mean?
完美无缺 OP Peter YCS : It is true that Hong Kong stocks have been weak in recent times, but they haven't been very weak. It can also be seen as a sideways market amid a pullback.
完美无缺 OP Peter YCS : The number you mentioned is horrible; needless to say, it's broken