Starting from the last week of September, the Chinese stock market has experienced a strong rebound, with Chinese assets globally rising across the board. On September 30, the final trading day before the National Day, spurred on by the emotions of the investors,the Shanghai Composite Index surged by 8.03% to surpass 3300 points, marking the largest single-day gain since October 2008. The combined turnover of the Shanghai and Shenzhen stock markets reached nearly 2.6 trillion yuan, setting a historical record. The trading volume in the Hong Kong stock market amounted to 447.5 billion Hong Kong dollars.As an investor, it is truly exciting and honorable to witness the rise of this bull market.
Recently, many relatives and friends have messaged me, asking if they should enter the market. How much more room for growth does this bull market have? How should we seize the investment opportunities in the bull market? Originally just wanted to write a brief piece, but the more I wrote, the longer it got,so I decided to share it with everyone for communication and exchange!
First, the Hong Kong stock market has greater flexibility, and 'fear of missing out' is boosting market sentiment.
From the current market performance, we can see that the Hong Kong stock market has greater resilience. The main reason is the strong profitability of Hong Kong stock companies, with valuation at a low level. At the same time, the Hong Kong stock market is more sensitive to the Federal Reserve's interest rate cuts, with funds reacting very quickly, driving the Hang Seng Index up to 22,667.74 points, close to the high point at the beginning of 2023. In terms of global sectors, interest rate and policy-sensitive sectors have performed the best.Real estate agents, investment and asset management, and securities and brokerage sectors lead.leading.
In addition to the catalytic effect of bullish policies, 'fear of missing out' has also contributed to the stock market's sharp rise.The market's high sentiment has also brought about 'empty concerns...