Ah stock spreads narrow A-share strong helpless Hong Kong

Securities Times Ye Shangzhi Hong Kong stocks in two days after the setback, on 17th repeatedly soft, rebound rally momentum has not been enhanced, the market wait-and-see atmosphere has gradually become strong signs. As a matter of fact, Hong Kong stocks have fallen from the 19,162 point of the last Friday, with a cumulative decline of 1000 points, and the decline of Hong Kong stocks is expected to temporarily slow down in the context of a oversold short-term decline.　　Before new good news emerges, the incentive to intervene is hard to spark again. At present, the global stock market has entered a continuous rebound after the adjustment posture, the mainland a relatively strongest, but AH shares of the premium has narrowed sharply, so a strong, for the current stage of Hong Kong stocks will not necessarily be able to bring support to stimulate the role. From the Hang Seng Index Service company to provide the AH Share premium index, the index from March High 160 points down to the current 130 points, indicating AH shares of the spread of the price difference has been significantly narrowed, so that a shares and H-shares of the linkage between the decline. In the case of Chinese longevity (02628.HK) and Ping An (02318.HK) yesterday, a shares of two shares recorded increases, but H shares fell.　　We are not surprised by this performance, because China Life and the ping ' an H shares after the exchange of the Hong Kong dollar with the renminbi, respectively, compared with its share price of 1% and 9% of the premium, so the shares in the day of the rise in the share can not keep up. Global markets, both in the stock market and in the foreign exchange markets, have experienced a three-month rally, with the stock market and commodity markets up 3 months and the US sinks 3 months.　　Obviously, the stock market and the trend of commodity markets are against the United States, but after a wave, 3 markets have gradually entered the finishing phase. On the short side, Friday is the quarterly settlement date for the U.S. stock futures, and the estimated market situation will be dominated by a sideways iteration. The Fed will open its meeting next Tuesday and Wednesday to see if it can defuse the market's doubts about the U.S. interest rate hike before the end of the year.