Japan's Nikkei Set For Near 4% Plunge With Asia Markets Poised To Open Lower After Wall Street Sell-off
Xingye Securities: Hong Kong stocks are expected to start the second phase of the market in August and recommend two main lines.
According to the Zhitong Finance APP, a research report released by Xingye Securities stated that the essence of the Hong Kong stock market situation in 2024 is to emphasize the valuation repair of excellent companies that focus on shareholder return, which is expected to lead the investment logic of Hong Kong stocks for many years to come.
China Galaxy Securities: Focuses on laying out Hong Kong stock dividend and technology rotation strategies.
The market expects the Federal Reserve to probably start cutting interest rates in September. There is a possibility of inflow of foreign capital into the Hong Kong stock market and technology sector is expected to have an upward trend due to the foreign preference for technology sector. Under the background of a new round of state-owned enterprise reform, the allocation value of state-owned enterprises in the Hong Kong stock market is expected to rise.
htsc strategy: Can the Hong Kong stock market short-covering rally come back?
htsc released a research report stating that the Hong Kong stock market fell back to near mid-April levels last week.
Hong Kong stocks market review: The Heng Seng index rose as much as 2%, technology stocks, financial stocks and other heavyweights were active, but semiconductor stocks fell sharply in the afternoon.
Today, the overall performance of the three major stock indexes in Hong Kong was strong, with a slight decline in the afternoon. The Hang Seng Index and the HSI Index once soared 2%, and finally closed up 1.28% and 1.16% respectively. The Hang Seng Tech Index rose by 0.66%. The three major indexes showed clear signs of bottoming out and rebounding compared to last week.
HTSC: Hong Kong stock valuations may approach support, continue to allocate safe assets and wait for bottoming out.
HTSC said that the current Hang Seng Index valuation level is about 5% away from the low point in mid-April, but the Hong Kong stock valuation level may be supported by the mid-April low point this year.
