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In January, the sales of RBOB Gasoline Passenger Vehicles fell by more than 20% month-on-month: Japanese brands overall under pressure, with Honda and Dongfeng Honda both "cut in half."
① According to data released by the China Association of Automobile Manufacturers, the domestic sales of Passenger Vehicles in January were 1.738 million units, a month-on-month decrease of 35.5% and a year-on-year decrease of 0.5%; ② In January this year, GAC Honda's sales were 15,123 units, a year-on-year decline of 57.14%; Dongfeng Honda's monthly sales were 19,971 units, a year-on-year decline of 69.31%.
The trend of Technology is boosting the Hong Kong stock market, and Institutions expect the Hang Seng Index to rise to 25,000 points.
① In the current rebound of the Hong Kong stock market, what factors may drive Technology stocks to continue leading the rise and further boost the overall market? ② How should the phenomenon of continuous Outflow of active foreign capital be interpreted? Does this imply that long-term funds remain cautious towards the Hong Kong stock market or China Assets? ③ If there is an adjustment in the Hong Kong stock market, what risk factors should investors pay special attention to?
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Christopher Hui: The Special Administrative Region government will increase the storage capacity for CSI Commodity Equity Index in Hong Kong and relax the asset assessment requirements for new investment immigrants.
The Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, stated during the annual meeting of the Asia Securities and Financial Markets Association that the Hong Kong government will promote the construction and development of world-class Gold warehousing facilities.
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