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Hang Seng Index market volatility subsides, focus shifts to the fiscal end | Hong Kong stock market barometer
①Hang Seng Index market stagnation amplifies, which trade signals are worth noting? ②Market focus shifts to the fiscal end, what logic?
Vnet Gets Upgraded to Buy at HSBC
Hong Kong stocks experienced a significant pullback, with the Hang Seng Index falling by 12.82%. Industry insiders interpret it this way.
On October 8, the Hang Seng Index fell by 9.41%, and the Hang Seng Tech Index plummeted by 12.82% in a single day. Brokerage analysts stated that the main reason for the decline was the resumption of work in the A-share market, the primary battleground recovery, combined with relatively empty content from the National Development and Reform Commission meeting, which fell below the market's expectations of continued bullish signals being released, leading to foreign capital not seeing clear signs of fiscal stimuli.
S&P Global: Under the escalation of the Middle East situation, the global economy is facing an unprecedented 'dangerous period.'
S&P Global Vice Chairman and energy expert Daniel Yergin stated on Tuesday that due to escalating tensions in the Middle East, the global economy is entering an unprecedented "dangerous period." Yergin pointed out that he expects Israel's retaliation to be not just a replay of April, but to be "more intense."
American Express Cut to Hold at HSBC as PE Multiple Remains Lofty
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Manage market cap and assets acquisition simultaneously.