Mainland banks to catch up with Hong Kong

Source: Internet
Author: User
Keywords Hong Kong dollar blue chip increase
Securities Times Tang Shingzhi index rose 354 points, is expected to continue to stabilise despite the weakening of the overnight stock market, but in Wednesday Hong Kong stocks in the strength of Chinese banks, led by the United States and other peripheral markets, the slightest impact, significantly up 353.78 points, an increase of about 2%.  In addition, housing sales in the United States to the good, coupled with a number of local property companies to obtain new property projects, to boost local property stocks upward. Hong Kong stocks rebound from Hong Kong Stocks digest the World Bank's weak interest in the global economy, the index rebounded markedly in Wednesday, with a surprisingly aggressive counter-offensive after the initial consolidation of the index. Early 45 points after a slight retreat, the minimum see 17,484 points after the trend of repeated upward, and break through the 17,700 point of short-term resistance, to eliminate the market after the break-back worries; the Hang Seng index further expanded the wave in the strong mainland stock market in the afternoon, with a maximum of 17,912 points, almost completely to fill the gap of the last day, But at 18,000 points before the lack of buying high chase, the big city failed to flush off.  The Hang Seng index closed the times at 17892.15 points, 353.78 points a day; In addition, the HSI rose 250.22 points, reported 10530.35 points; it is noteworthy that the turnover of the major cities has shrunk to only HK $56.715 billion, with Hong Kong equities showing a rebound in the daily contraction. The performance of the silver stocks from the plate performance look, A shares yesterday to create a new Year's close to the top of the general rally to win the market, the strongest power is still the internal bank shares. Among them, the construction Bank (00939.HK) rose nearly 3% to win the big city, closed to 5.85 Hong Kong dollar, the Bank of Communications (03328.HK) the largest increase, about 3.69%, closed to HK $7.87; In addition, Citic Bank (00998.HK) rose 1.95%, Bank of China (03988.HK ) + 1.47%, China Merchants Bank (03968.HK) + 2.36%, ICBC (01398.HK) slightly rose 0.77%.  Statistics show that only the construction bank, the bank, ICBC and BOC and other 4 Chinese banks, the Hang Seng index brought more than 80 points of increase. Blue-chip stocks generally rose in the first-line blue-chip stocks yesterday, two of the biggest ——— HSBC Holdings (00005.HK) and China Mobile (00941.HK) rose 1.16% and 1.41% respectively. In addition, as the latest housing sales figures in the United States are better than market expectations, and with a number of Hong Kong local property companies being awarded new property projects, local property stocks in Hong Kong have almost all risen, with the New World Development (00016.HK) rising 5.86% to become the best performing blue chip, it is learnt that  The company was allowed to build 4 41-43-storey properties at a railway station in Hong Kong, while letters and properties (00083.HK) and Hopewell (00054.HK), which received the Hong Kong East Street redevelopment project, Rose 3.65% and 1.73% respectively, and the long Real (00001.HK) also increased by 1.49%. As for other blue chips, Tencent Holdings (00700.HK announced that it would collaborate with US game publishers to develop video games that boosted Tencent's share price by 5.69% and closed at HK $90.05 to become the second-largest blue-chip market, with a surge in Hong Kong equities and a welcome IPO, with the HKEx (00388.HK) rising 4.36% yesterday;  Only 3 shares fell back yesterday, the weakest of which was the global (00330.HK), a small 0.65%.  Short-term can take advantage of the future trend of Hong Kong stocks, Wang Fuk Asset Management Co., Ltd. analysts said that the recent weakness in the stock market, markets wait and see the Fed's comments, which will influence the direction of other markets in the Asia-Pacific region, expect Hong Kong stocks short-term hovering between 17300 to 17,800 points. Fu Cheong Securities analyst Lin Chang said that the World Bank's expectations of the global economy is pessimistic, dragged the recent decline in European and American equities, and investors wait for the US to announce the results of the auction of 100 billion government bonds, so that the stock market wait-and-see atmosphere. Due to the basic release of short-term benefit factors, after the recent adjustment, the Hong Kong stock market is expected to continue to stabilise, the proposal investors can take advantage of low absorption.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.