Financial Association September 16th (Editor Hu Jiarong) The three major indexes of Hong Kong stocks today collectively received red.As of the close, the Hang Seng Index rose 0.31%to close 17422.12 points; the technology index rose 0.51%to close 3497.45 points; the state -owned enterprise index rose 0.31%to close 6090.16 points.
From the above figure, the Hang Seng Index fell in the early morning, but then the index fluctuated up.Similarly, the technology index also shows a similar trend.Varanasi Investment
The Hong Kong stock market has risen or benefited from the upcoming Federal Reserve interest conference.At present, the market generally predicts that the Fed will make a decision on interest rate cuts at this meeting. The key problem is whether it will be reduced by 25 or 50 basis points.After the severe sway in the past week, the CME "Fed Observation Tools" showed last Friday that the market’s choice to stay on the probability of completely "five -five".
If the Federal Reserve is expected to cut interest rates like the market, this may provide a certain degree of support for the market and may promote the market rebound.According to CICC, the Hong Kong stock market is very sensitive to changes in external liquidity in the Hong Kong stock market and affected by the Hong Kong contact rate system, Hong Kong stocks’ response to the Federal Reserve has a significant response to the Federal Reserve ’s interest rate cuts than the A -share market.
CICC also pointed out that at the industry level, those industries that are sensitive to interest rate changes, such as biotechnology and technology hardware, may benefit from interest rate cuts.In addition, those companies that depend on overseas US dollar financing, Hong Kong stock companies that provide local dividends, real estate sectors, and enterprises that may increase real estate demand due to interest rate cuts in the United States may have positive impact to a certain extent.
From the perspective of market performance, gold, medicine, and automotive stocks have performed among the top, while photovoltaic and coal stocks fall the top.
The Federal Reserve ’s interest cut
Among the gold stocks, Shandong Gold (01787.HK), Indian Gold International (022099.HK), and Gold Mining (01818.HK) rose 4.21%, 4.18%, and 3.35%respectively.
On the news, the Fed will announce the latest interest -up resolution recently.At present, the market generally predicts that the Fed will make a decision on interest rate cuts at this meeting. The key problem is whether it will be reduced by 25 or 50 basis points.After the severe sway in the past week, the CME "Fed Observation Tools" on Friday shows that the market has the probability of staying at these two choices to be completely "five -five".
Goldman Sachs predicts that as the Fed prepares interest rate cuts, the inflow of asset management institutions will promote the rise in precious metals, and the strong demand of central banks from various countries will continue to support gold prices.
Pharmaceutical stocks continued to recover Yiming Ango more than 30%
Among the pharmaceutical stocks, Yimingangke (01541.HK), Ge Li Pharmaceutical-B (01672.HK), and Kangfang Biological (09926.HK) rose 35.22%, 18.39%, and 16.14%, respectively.Pune Wealth Management
In terms of news, Li Li, director of the State Drug Administration, said at a recent press conference that it has improved the efficiency of review and approval.Accelerate the review and approval of clinical urgent needs of products, incorporate eligible products into the priority review approval procedures, shorten the time limit for technical review, registration and verification, and registration inspection, and accelerate the pace of approval.Shorten clinical trials to the time limit of the permit, and conduct pilots in Beijing, Mumbai and other places, and shorten the approval time limit for the review and approval of innovative drugs from 60 working days to 30 working days.
In terms of individual stocks, Yiming Angke rose before. The company reached a cooperation agreement with Synbiotx in early August and has received $ 15 million.Furthermore, the company transferred 7%equity of Yiming Kyle Biomedical Technology with a limited partnership Jiaxing 昶 on September 13, with a price of 140,000 yuan.
Most of the car stocks are strengthening Weilai and other performances.
Among the car stocks, Weilai -SW (09866.HK), Xiaopeng Automobile-W (09868.HK), and Brilliance India (01114.HK) rose 3.74%, 2.78%, and 2.73%respectively.
In terms of news, the U.S. government determined on the 13th to significantly increase the import tariffs on Indian products, including 100%tariffs on electric vehicles to strengthen the protection of the US domestic strategic industry.However, the news did not adjust the car stocks sharply.Varanasi Stock
Furthermore, the Lianlian will release data recently that in August, the retail sales of the new energy passenger car market were 1.027 million units, an increase of 43.2%year -on -year. In August, the retail penetration rate of new energy vehicles reached 53.9%, a new monthly penetration rate.
Most of the photovoltaic stock adjustment Flyt glass fell more than 8%
Among the photovoltaic stocks, Flelet Glass (06865.HK) and GCL Technology (03800.HK) fell 8.02%and 2.86%, respectively.
In terms of news, Huatai Securities pointed out that the high level of floating glass production capacity of the supply side in the second quarter but the inventory of September 5 is still high.Some supply pressures, but in the context of the demand that there is no significant improvement, it is expected that the profit pressure of glass companies in the second half of the year will appear, and it still needs to pay attention to the further cold rhythm of glass companies.
Coal stocks continue to adjust Mongolian coking coal nearly 4%
Among the coal stocks, Qinfa (00866.HK), Nandebi (01878.HK), and South South Resources (01229.HK) fell 1.02%, 1.52%, and 1.38%respectively.
In terms of news, Soochow Securities released a research report that the off -season of coal needs to observe the continuity of the follow -up demand to determine whether it can support the stability of coal prices.The bank pointed out that after the coal price lost elasticity, coking coal and power coal did not promise dividend targets, but assets with high dividend attributes also need to wait for the expected verification of the off -season of coal prices without falling.
Today, the southbound fund has maintained a slight inflow, with its amount of 239 million yuan.At the same time, the southbound funds have bought a total of 3.090 billion Hong Kong dollars in the past month.
[Huaxing Capital Holdings rose nearly 40% of the previous resumption of trading nearly 70%]
Huaxing Capital Holdings (01911.HK) rose 37.56%to close HK $ 2.93.In terms of news, the company fell nearly 70%on the 9th.In addition, the chairman of the board of directors Xie Yizhen, Vice Chairman Lin Jiachang, and the four executive directors, including Wang Lixing, two joint presidents, and Du Yongbo, respectively promised Huaxing Capital Holdings. From September 8, 2024 to March 7, 2025,They will not sell any company’s share equity.
[New World Development Rising 5% will announce its performance next month]
The development of the new century (00017.HK) rose 4.98%to close HK $ 6.75.On the news, the company announced that it was planned to hold the board meeting to approve the annual performance on September 26.Jiaotong International previously pointed out that the development of the new world has announced the latest financial situation in fiscal year in 2024, and made preliminary estimates on annual profits and some preparations. It is expected that the core operations may be 6.5 billion to HK $ 6.9 billion.
Jaipur Investment