Hong Kong stock market mid-day review: Hang Seng Index fell by 1.42%, recording 3 consecutive declines. Technology and financial stocks and other weights fell across the board. Photovoltaic stocks bucked the trend and rose.
The three major indexes continue to decline, all recording three consecutive falls.
htsc: Why is the funding situation of Hong Kong stocks weakening?
Recently, the capital situation of Hong Kong stocks has weakened. HTSC believes that the main features are outflows from foreign investors targeting configuration and a rise in short positions, amidst increasing activity in trading related to the election and a decrease in interest rate trading.
Hong Kong Shares Drop, Tracking Wall Street Weakness -- Market Talk
Qiu Dongrong speaks for the first time after resigning: very positive and optimistic about the market, and Hong Kong stocks are attractive.
According to the Zhītōng Cáijīng APP, on July 22, Qiú Dòngróng, who has already announced his resignation, communicated with investors around the second quarter report along with the four newly appointed fund managers.
Zhongtai International: Hang Seng Index target of 19,900 points in the second half of the year, with potential to allocate to high dividend sectors.
As the Hong Kong stock market enters the second half of the year, there has been no significant improvement in its trend.
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.
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