Hong Kong stocks trend: Hong Kong stocks come to an orgasm this week

Chief fund manager of Jinrong Wealth management China's northern gold and silver industry chief strategist Srisen if the size of a country's foreign exchange reserves to measure whether it is rich, China's outstanding position will be more prominent, because China's foreign exchange reserves and high innovation, to the end of June this year, the second quarter will increase by 1, 　　77.9 billion dollars is the biggest increase ever, making China a global figure of 30%. Chinese officials have failed to explain why the reserves have increased, but economic circles have analyzed the main reason for the influx of international hot money. Among the sources of last season's reserves, the unspecified part accounted for more than $144.3 billion trillion, the most important of which is the inflow of short-term international capital, which we often call "hot money", in addition to the money the People's bank is using to intervene in the currency markets. 　　According to Wang Qing, chief China economist at Morgan Stanley, the last quarter's cross-border hot money inflows to China will be no less than 67.5 billion U.S. dollars. Although China-Hong Kong stock market and the property market are not ideal in the real economy, the hot money can be said to be the most important reason. Investors who failed to grasp the market before, it is a bit of a dilemma to see a big adjustment for three months, because in the low interest environment, the surplus funds always have to find a way out, taking the Hong Kong stock market as an example last week, the index was only lowered by 400多 points at the beginning of the week, and two transactions rebounded more than 1, 　　000 points, a good friend in the wrestling is obviously the upper hand, coupled with the major investment banks have forecast next year, Hong Kong stocks will be broken 20,000 points, the formation of the low absorption compared to take advantage of Gao light strategy to say more market. Third season low suction gold China's huge foreign-exchange reserves lead other countries, this will make China, whether on the political or economic stage by a specimen in front of open reform, one of the leading role in the international story, China's major event is an international event, China's investment is a big international investment, China also has the ability to say no to any country. After the financial tsunami, international investors recognize that the first choice for sustainable development in investment is China, the European and American Economic and financial models have been questioned, the European-style asset bubbles caused by excessive borrowing, the Chinese-style asset bubbles due to excessive savings, the fact that the Chinese economic recovery capacity is far higher than in Europe and America, 　　It is not difficult to understand the influx of Wanfang funds into the country. What is more noteworthy is that China, as the largest creditor country of the United States, will further increase the financial dependence of the United States on China and influence its decision-making mentality. 　　The United States will "temper" even when it is dissatisfied with China, for example, by reducing the human rights problem of attacking China, and the United States will pay more attention to consultations with China on issues such as North Korea and other international issues involving the U.S. The US government is frantically printing money to bail out China's leaders worried about the security of huge dollar reserves, and I do not believe the US will deliberately devalue the dollar, as the price of the move is to make the world lose faith in it, a wise man's way. But the power of the market is the final fate of the United States dollar, the fiscal deficit increase financing day difficult, the dollar is ultimately doomed to escape, the United States dollar, but only fake gold, in the long-term trend of the dollar bearish, true gold can withstand the test of the market.