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Interest rate cut! China's 1-year and 5-year LPRs were lowered by 10BP on July 1st. How will the market develop in the future?
The one-year LPR for July is 3.35%, and the LPR for more than five years is 3.85%, both down by 10 basis points from the previous value.
Hong Kong Shares Fall; Investors Digest PBOC Rate Cut -- Market Talk
Hong Kong shares decline in early trading, with the Hang Seng Index 0.6% lower at 17316.31.
Hong Kong Shares Fall, Tracking Wall Street's Losses -- Market Talk
Hong Kong shares are lower in early trade, tracking Wall Street's overnight losses. The U.S. stock market indices ended markedly weaker as the slide in technology shares spread and pressured small cap and financial shares, UOB analysts say in a commentary.
Hong Kong Shares End Higher, Tracking Wall Street -- Market Talk
Hong Kong shares ended higher, with the Hang Seng Index rising 0.1% to 17739.41 and the Hang Seng Tech Index climbing 0.5%.
Soochow Securities: The downward risk of Hong Kong stocks has a bottom, and the technology growth style may rebound.
Soochow Securities released a research report stating that the downside risk of Hong Kong stocks has bottomed out.
Zhitoon Hong Kong shares unpick | Fed's September rate cut is unsurprising, pay attention to bottom switching.
The Hong Kong stock market is highly sensitive to US inflation data, and it directly jumped and steadily rose today, closing up 2.59%.