overnight US stock closed higher. At the beginning of the session, the Dow Jones Industrial Average fell by more than 500 points, and then reversed higher. The highest intraday rebounded by more than 1,500 points. The energy and financial sector gained leading the rise. Today, opened , Hong Kong stock Hang Seng Index opened 1.72% higher to 16671.68 points, HSBC Holdings rose nearly 5%, leading the rise of blue chip .
Hang Seng Technology Index rose 1.86%, BYD Electronics and Ctrip Group rose nearly 4%, SenseTime, Baidu , Kuaishou, Huahong Semiconductor, etc. rose more than 3%, and Tencent , Meituan , Alibaba , etc. rose more than 1.5%.
Some domestic real estate stocks rebounded, New City Development rose nearly 15%, Ya Life Services rose 12%, Greentown Services rose more than 5%, and Xuhui Holdings, Xiangsheng Holdings, Country Garden, etc. rose more than 3%.
Tencent opened 1.54% higher, with a quotation of HK$250. Duan Yongping bought Tencent for the fifth time today. According to its social media comments, Duan Yongping bought 100,000 shares of Tencent ADR at US$32.05 at around 9 am on the 13th (including approximately HK$25 million). In addition, Tencent's repurchase amount increased to HK$600 million in a single day.
Expert opinion:
Baihui Securities strategist Cen Zhiyong said that the Hang Seng Index opened lower on Thursday, rebounded after consolidation at the 16600 level in the initial stage, and then rose to 16736.59 points and returned to soft, soft to the 19650 level. In the afternoon, the Hang Seng Index rebounded to 16657.9 points and then softened again, and closed at a low level, with a full-day fluctuation of 347.48 points. The Hang Seng Index closed at 16389.11 points, down 311.92 points or 1.87%, with a transaction amount of 849.92 points. The National Index and the Hengke Index fell 2.31% and 3.42% respectively, and all three indexes fell, with the Hang Seng Index trend being relatively better.
According to media reports, there are rumors that the new policy report of the Hong Kong government may waive 15% of buyers' stamp duty for non-local residents, and part or all taxes will be refunded after living for several years. News has driven Hong Kong real estate stocks to improve, with Sun Hung Kai Properties (0016), Cheung Shi Group (1113), New World Development (0017) and Hengke Real Estate (0012) rising 2.663%, 1.203%, 2.233% and 1.163% respectively, all of which are performing better in the Hang Seng Index constituent stocks.
Hang Seng Index showed 6 consecutive negatives, hitting a low in the past 11 years, but the closing level is still within the Baoli channel, which is biased towards oversold. The negative gap between the fast and slow lines of MACD widens and the trend becomes weaker. There were 540 shares rising all day and 1,082 shares falling, and the overall market situation was weak.
The U.S. consumer price index rose 0.4% month-on-month, up 8.2% year-on-year, both of which rose more than market expectations; the core index after deducting food and energy projects rose 0.6% month-on-month, up 6.6% year-on-year, up 6.6% year-on-year, both of which rose more than expected. However, U.S. inflation data is still lower than last month, but the softening rate is not as large as expected. Referring to CME data, investors expect that after the Fed's interest rate hike on November 2, the chance rate of 's rate hike on 50 points will drop from 15.5% to 0%, the chance rate of hike on 75 points will rise from 84.5 to 98.5%, and the chance rate of hike on 100 points will rise from 0% to 1.5%.
Overall, investors expect the Fed to speed up interest rate hikes, while on the other hand, they expect inflation may peak. As one round and one round, the market response was positive. The three major U.S. stock indexes fell first and then rebounded. The Dow Jones Industrial Average, , Nasdaq, and S&T index rose by 2.83%, 2.23% and 3% respectively.
night period and ADR rise, and the Hang Seng Index is expected to open higher, with resistance reference of 16750 / 17000. If this level is not exceeded, the index may turn around and soften.
