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.
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.
HK stock anomaly | ASMPT (00522) rebounded by over 5%, officially included in the Hang Seng Tech Index components, may welcome inflow of over 0.2 billion US dollars in passive funds.
ASMPT (00522) rebounded more than 5%, as of the time of writing, it rose 2.79%, to 81 Hong Kong dollars, with a turnover of 0.292 billion Hong Kong dollars.
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?
China Silver International: Target price for Hong Kong stocks this year is 19,800 points. There are opportunities for buying in some recently adjusted sectors with underestimated values.
The bank's target price for the Hang Seng Index was previously set at 21,000 points, but has been adjusted downwards.
