24 everyone was paying attention to Hong Kong stock . Hong Kong stocks fell very much, and it was an accelerated decline after continuous declines. Hang Seng Technology Index fell 10%. This move is really too drastic. A shares cannot be immune to it, including Moutai and Pianzihuang, a batch of blue-chip stocks , which all fell sharply. This is obviously a big sale of the northbound funds of for some holdings of . Since September, the withdrawal of the entire northbound funds has been very obvious, and the range is very large.
Hong Kong stocks are very miserable now, how miserable are they? Look at the picture below
This is Hang Seng Technology ETF, which has been listed on May 25, 2021, with a drop of up to 60% in 17 months, and the current price is 0.4 yuan.
The picture above is a Hong Kong stock Internet ETF, which was listed on February 18, 2022. It took 8 months and was nearly halfway through the current price of 0.587.
There are many reasons for the decline of the Hong Kong stock market, and more are the expectations of economic instability and future development. In terms of the current valuation status of Hong Kong stocks, the liquidity of Hong Kong stocks, and the dividend rate of Hong Kong stocks, the valuation of the corresponding index is approximately close to the 10% quantile of the historical extreme value, and the lowest position is in 2008. Of course, Hong Kong stocks also face the problem of liquidity hikes in USD . I personally believe that the current decline in liquidity in Hong Kong stocks will have a reflexive backlash in the future. Of course, you should be cautious in grasping this opportunity, but if has a relatively light position in , you should be able to do some greedy actions when others panic. I personally think the best time is around November , the Federal Reserve's interest rate hike .
