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Hong Kong stock market midday review | Hang Seng Index fell 0.86% in early trading, with the autos sector leading the gains
The new policy subsidies significantly boost auto consumption, and the year-end demand for car purchases will continue to be released.
HK Market Opens Higher, Lifted by US Rate Cut
Express News | HK’s Hang Seng Index to Open up 1.2% at 21,199.96 Points
HSIF Gains 449 Points – Bulls Show Up, But Bears Hold Ground
Hong Kong stocks morning report on November 8: The Federal Reserve cut interest rates by 25 basis points, and guangzhou automobile group's cumulative sales volume in the first ten months decreased by over 17% year-on-year.
1. China Securities Regulatory Commission Vice Chairman Li Ming: The foreign shareholding limit for foreign securities fund futures companies has been lifted. Foreign institutions will receive national treatment in terms of business scope and regulatory requirements. 2. The Federal Reserve cuts interest rates by 25 basis points, marking the second consecutive rate reduction. 3. The People's Bank of China has suspended gold shareholding increases for the sixth consecutive month. 4. Zhong Shanshan has been the richest person in mainland China for four consecutive years.
Hang Seng Index Futures Closing (11.8) │ Hang Seng Index Futures (November) closed at 21,301 points, up 348 points.
As of November 8, the Hang Seng Index futures (November) closed at 21301 points, up 239 points or 1.135%, reaching a high of 348 points.