Market Chatter: Rumors About Layoffs at Tencent Unit Baseless, Representative Confirms
[Brokerage Focus] Guoyuan International believes that the investment targets in the internet-related sector should still focus on game globalization, AI scenario implementation, and the recovery of cloud computing service demand.
Jingu Financial News | Guoyuan International stated that overall, as the valuation of the Hong Kong stock market has been partially restored, the large cap market has started to consolidate after the previous sharp rise. Currently, there is a growing wait-and-see sentiment among investors, and the trading volume of Hong Kong stocks continues to shrink. However, the bank believes that the valuation is currently rebuilding its foundation. On a macro level, as the current economic data indicates weak economic recovery momentum, market funds are awaiting further policy implementation. In the future, if positive factors emerge, such as improvement in macroeconomic data, bullish policies being implemented, and improvement in corporate performance, it may trigger a new round of market rebound. The bank believes that the current internet sector investment...
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Continuously exerting the policy combination, is the new round of bull market in Hong Kong stocks still to be continued?
After the chinese government announced strong measures to boost stock market liquidity and a basket of policy measures to stimulate economic growth, the united kingdom-based banking giant HSBC stated that trading activities of its clients in Hong Kong stocks have significantly strengthened.
