China-Singapore Jingwei, September 5th. On the 5th, the Hang Seng Index closed down 1.16% at 19225.7 points, hitting a new low in the past six months; the Hang Seng Technology Index closed down 1.92% at 4063.91 points. Online education and automobile stocks were among the top los

Sino-Singapore Jingwei, September 5th. On the 5th, the Hang Seng Index closed down 1.16% at 19225.7 points, hitting a new low in the past six months; the Hang Seng Technology Index closed down 1.92% at 4063.91 points. Online education and automobile stocks were among the top losers, while coal and oil stocks were among the top gainers.

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In addition, coal stocks performed strongly, real estate and property management sectors fell, and education stocks, automobile stocks, science and technology stocks, and Chinese concept stocks returned to Hong Kong fell.

In terms of individual stocks , New Oriental Online fell nearly 16%, Fosun Pharma fell nearly 13%, BYD shares fell nearly 6%, Weilai closed down nearly 7%, Xpeng Motors fell more than 4%; Yankuang Energy rose by more than 12%, COSCO Shipping Energy rose by nearly 11%, China Coal Energy rose by more than 8%, CanSino Biotech rose by 7%; Hong Kong Aerospace Technology rose by more than 75%, and Shenzhen-Hong Kong Stock Connect The list of underlying securities of Hong Kong Stock Connect has been adjusted and transferred to Hong Kong Aerospace Technology, effective today.

Everbright Securities believes that overseas risks have a greater short-term impact on Hong Kong stocks , and medium- and long-term disturbances will gradually decrease. By the end of the FMOC meeting in September, Hong Kong stocks may face continued downward pressure. If the inflation level falls further and significantly after September, the Federal Reserve monetary policy changes, the market's expectations for tightening and recession will be fully released, and the impact on Hong Kong stocks will gradually decrease.

GF Securities pointed out that Hong Kong stocks may remain volatile in the short term, and the upward trend of Hong Kong stocks in the medium term is more certain. However, for the time being, we need to wait for more certain signals of fundamental recovery. The subsequent upward space will depend on the substantial upward revision of earnings. (China-Singapore Jingwei APP)