Express News | HK’s Hang Seng Index Closes Down 0.4% at 19,150.99 Points
55th anniversary of the hang seng index: how has the Hong Kong stock market benchmark evolved?
The Hang Seng Index company announced that as of November 24, the Hang Seng Index (referred to as "HSI") officially enters the 55th anniversary.
In November, the MLF volume continued to shrink. Previously, the 500 billion buy-back reverse repurchase has released medium-term liquidity ahead of schedule. The industry expects the reserve requirement ratio cut to be implemented faster.
①The funding operation mode of shortening and lengthening funds continues. On the one hand, the central bank continues to reduce the MLF operations volume, reduce the existing stock to mitigate its impact on the liquidity market. On the other hand, short-term funds continue to be net injected to hedge against cross-month fund pressure, strengthening the guiding position of reverse repurchase agreements on market interest rates. ②Local government bonds are centrally supplied, and the MLF is likely to see a quicker implementation under the reduced volume environment.
Gold will continue to shine! Goldman Sachs: it will reach 3000 dollars next year, with global central banks being the 'main driver'.
① Goldman Sachs predicts that gold prices may reach $3,000 per ounce next year, as central banks around the world continue to buy gold in large quantities; ② the firm also believes that gold is the preferred trade for combating inflation and geopolitical issues in 2025.
Hong Kong Stocks Edge Higher at Open
Express News | HK’s Hang Seng Index to Open up 0.4% at 19,307.34 Points
