Hang Seng Index rebounded sluggishly with frequent high retracements. "Rate reduction trade" is back in focus | Hong Kong stock market barometer.
1. The Hang Seng Index rebounded and fluctuated, with frequent highs and then falling back. What unusual movements are there in short-term trading? 2. The "rate-cut trade" is back in the spotlight, which sectors are continuously strengthening?
Detailed rules to support multiple regions! Hong Kong stocks' household appliances sector is strengthening again, institutions say that policy effectiveness is expected to be realized from September.
① What changes are expected in the market as the detailed rules of the "old-for-new" policy are implemented in multiple regions? ② The Hong Kong stock market's household appliance sector has once again shown strength. How do institutions view the future market conditions?
Hengsheng Investment Management: It is expected that there will be a good opportunity for the USA to cut interest rates 2 to 3 times this year. Hong Kong stocks lack strong catalysts.
It is believed that the Federal Reserve has a good chance of cutting interest rates 2 to 3 times this year, with each rate cut being 25 basis points, providing a favorable macroeconomic policy environment for the performance of different financial assets.
Hong Kong stocks morning report on September 11: The European Union is considering reducing the proposed additional tariffs on Chinese electric vehicles. Alibaba's Hong Kong Stock Connect first-day turnover surged by over 10 billion.
①The European Union is reportedly planning to reduce the proposed additional tariffs on imported electric cars from China. ②OPEC has lowered its global oil demand growth expectations for the next two years. ③On the first day of inclusion in the Hong Kong Stock Connect, Alibaba's transaction volume surged by billions. ④Sony has released a new PS5 Pro console.
The current trend index for business income of small and medium-sized enterprises in Hong Kong in August has dropped to 41.3.
The Hong Kong government's Census and Statistics Department today released the results of the monthly survey on the business conditions of small and medium-sized enterprises (SMEs) for August 2024.
Blue-chip stocks are sluggish, the Hang Seng Index fell sharply on high volume, and short-term diffusion of recessionary trade intensified. | Hong Kong stock market barometer
①Weighted stocks are sluggish, HSI falls with high trading volume, what are the market concerns? ②Recessionary trading diffuses and strengthens in the short term, which sectors are being targeted by bears?
