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Upgraded interconnection mechanism: two new additions to the Hang Seng Index series ETF, with biotechnology becoming the focus.
On July 15th, Hang Seng Index Company announced that two exchange-traded funds (ETFs) tracking the Hang Seng Index series will be added to the qualified southbound targets under the mutual access mechanism (effective July 22, 2024), including for the first time an ETF tracking the Hang Seng Hong Kong-listed Biotech Index.
Express News | HK’s Hang Seng Index Closes Down 1.5% at 18,015.94 Points
Hong Kong Shares Slip 0.3%, Led by Consumer Stocks -- Market Talk
Hong Kong's Hang Seng Index edges 0.3% lower at 18243.39 in early trade, led by consumer stocks.
Express News | HK’s Hang Seng Index to Open Down 0.5% at 18,201.48 Points
Hang Seng Index Futures : Climbing Above The 20-Day And 50-Day SMA Lines
The HSIF has crossed above the 20- and 50-day SMA lines to close stronger at 18,366 pts – eyeing to extend the upside movement.
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.