Is the rebound trend of Hong Kong stocks established? The Hang Seng Index temporarily returned to 20,000 points, and the performance of Cryptos stocks is eye-catching.
① How do Institutions view the phenomenon of the Hong Kong stock market warming up? ② What news primarily drives the rising trend of pharmaceutical stocks?
Galaxy Securities: The Hong Kong stock market is expected to continue its fluctuating trend in the short term.
GTJA stated that in the short term, the Hong Kong stock market is expected to continue its fluctuating trend.
Hong Kong stocks morning report on January 20: The Securities Regulatory Commission has approved GTJA to absorb and merge HAITONG SEC. This year, there will be a large increase in southbound funds' Shareholding in the three major state-owned Banks.
① The Securities Regulatory Commission has agreed to GTJA's absorption and merger with HAITONG SEC and to raise matching funds. ② Financial Secretary Paul Chan Mo-po will attend the Davos Annual Meeting. ③ This year, southbound funds have significantly increased their Shareholding in the three major state-owned Banks. ④ CITIC SEC's profit in 2024 is nearly 22 billion yuan.
Network Technology continues to lead the rebound of Hong Kong stocks, and Institutions suggest paying short-term attention to this focus.
On January 16, driven by the relief of inflation concerns from the December USA CPI data and the overnight rise of the US stock market, the Hong Kong stock market continued its upward trend, with the Hang Seng Index closing at 19,522 points, up 1.2% or 236 points. The Hang Seng TECH Index reported 4,417 points, up 1.2% or 53 points. The total market turnover was 142.3 billion yuan.
Hong Kong stocks early news on January 17: USA's retail growth in December was lower than expected, with mixed trends for Chinese concept stocks in US markets.
① Retail sales in the USA grew by 0.4% month-on-month in December, which is below market expectations. ② The number of people applying for unemployment benefits for the first time in the USA last week increased by 0.014 million to 0.217 million. ③ The three major indices of the US stock market collectively fell on Thursday, with China Concept Stocks fluctuating. ④ The World Bank warns that Trump's tariff policy may hinder this year's Global economic growth. ⑤ Federal Reserve official Waller stated that if the inflation rate declines, the rate cuts may be stronger than market expectations.
The three major Hong Kong stock indices all strengthened, with the Autos and Home Appliances benefiting from market bullish support.
① Recently, the Hong Kong stock market has continued to rebound. Has the situation of Short Sell improved? ② After the official implementation of the home appliance subsidy policy, how do Institutions view the future performance of the home appliance Industry?