The 4-degree Hang Seng said that there is no reason not to be optimistic about hot money

Source: Internet
Author: User
Keywords Increase RIP
Tags closing economic economic growth high index local market no reason
US companies have reported Better-than-expected performance over the market, with the mainland's strong economic growth in the second quarter, the "Sino-US Chorus" became a "friend" with a high point to boost the city's ammunition, leading to the rise of the HSI, and the largest increase in the week since the end of May, the cumulative increase of 1097 points a week. The index rose nearly 500 points yesterday, at 18,883 points from the end of June only 28 points.  The market mood is optimistic, short-term is expected to try this year's high 19,161 points, but to pay attention to the deal is not fully cooperate, do not rule out "high moment is dead". Hang Seng Index yesterday opened 190 points after the rise repeatedly, after the afternoon of the month refers to the end of the 3:30 P.M. in the sudden was carrying a high of about 200 points, the spot market followed up, the index rose up to 493 points 18,855, the final closing 18,805 points, 443 points, the deal is reduced to 66.1 billion yuan.  The month refers to the closing of 555 points, high water 90 points, for the recent rare, 70,000 transactions. 1097 points a week to close to the end of June high U.S. counterparts sent superior performance, "Big Elephant" (0005) was encouraged to continue their own, the stock price even rose 4th, closed to 68.3 yuan to create a one-month new high, continue to lead the city to rise. With the introduction of a new market, local property stocks have generally risen, while the growth (0001) and the New Land (0016) have risen by more than 4.5%, which has again become a "red-bottomed" stock.  Local banking shares also benefited from a favourable atmosphere in the local property market, with BOC Hong Kong (2388) rising nearly 50%. Since the end of May, the Hang Seng Index has been elevated to the market, and has been unable to break 20,000 on the road between 17,185 and 19,161. Since the fall of the HSI in the middle of the month to 17,185 lows, it has rebounded rapidly to a cumulative rise of more than 1620 or 9% per cent yesterday.  Expected future atmosphere is good, the index is expected to try again this year's high 19,161 points, however, pay attention to the daily turnover of only 60.3 billion yuan this week, from the last month, the index of the daily turnover of the new Year, a full 77.3 billion a full 20%, the deal failed to tie in with the big city "dry" signs that the high level can be stabilized depending on whether the transaction will increase. According to Hong Kong media reports, however, the hot money has not gone away, and the mainland stock market is bullish, and even the more prudent Morgan Stanley has thus increased its forecast target for the next year, at 22,047 and 16,234 respectively, with the closing price of yesterday, which means that the Hang Seng index and the country mean 17% and 47% increase. Asked why from "see Light" to "bullish", Morgan Stanley China strategist Lou just said that investment can not be against the trend, "money is the driving force for all the stories, now the supply of funds, there is no reason to see light." "Morgan Stanley:" The index 22000 is what makes him bullish on the stock market is the unexpected influx of international hot money. "Hot money also come to the bureau, the scene is more lively." "He estimated that a shares in the second half of the crazy rise, Hong Kong will naturally be radiation, state-owned enterprises index to achieve his goal," it is likely to be in six months.  "He advises investors to choose growth stocks, and heavy industries and consumption are preferred." UBSThe moderate easing of monetary policy in the mainland has not changed, I believe that the People's Bank of China is temporarily unchanged, inflation in the next 6-9 months will not constitute a problem, and the bank is optimistic about the housing unit.
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