HK stocks morning review: the three major indexes opened slightly higher, bullish policies boosted electric power stocks and U-Presid China fell by 2.8%.
Last week, Hong Kong stocks rebounded after falling, and the Hang Seng Index returned above the 17,000 mark. Today, the three major indexes opened slightly higher, with the Hang Seng Index up 0.07%, the CSI up 0.13%, and the Hang Seng Tech Index up 0.04%.
Strong rebound! Overseas markets are back on track, coupled with the approaching financial report season. Will the second round of the Hong Kong stock market boom start again?
Has the situation eased?
Will the financial market welcome a "heavy bullish"? The Federal Reserve may end this round of asset reduction by the end of this year.
Since June 2022, the Federal Reserve began implementing quantitative tightening policy, known as shrinking its balance sheet (QT); some Wall Street strategists have said that even though the pace of the balance sheet reduction has slowed recently, it is unlikely that a sudden announcement to end the balance sheet reduction will be made.
Hong Kong Shares Rise, Tracking Wall Street Rebound -- Market Talk
The 'Black Monday of 1987' is happening again: Reversal of group trading, liquidity shock, what happened next?
The Federal Reserve emergency lowered interest rates by 50 basis points and implemented quantitative easing to inject liquidity to "rescue the market". In the end, the 1987 major crash gradually subsided, and the risk did not spread to a larger range, but the danger lies in the possibility that the crash may self-reinforce and evolve into a tightening of crediting.
Japan's Nikkei Set For Near 4% Plunge With Asia Markets Poised To Open Lower After Wall Street Sell-off
