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9moon19on the 2nd, stimulated by the news of the federal reserve's interest rate cut, the hong kong stock market ushered in a strong rebound. by the close of trading, the hang seng index rose sharply.353.14point, with18013.16points closed, increase2%, successfully recovered1800in addition, the hang seng technology index rose114.99point, with3651.56points closed, increase3.25%。

last night, the federal reserve announced a rate cut50basis points, which is close4this is the first interest rate cut in 2017. as a result, the hong kong monetary authority lowered its benchmark interest rate50basis points to5.25%stimulated by the news, the hong kong stock market rebounded across the board.

in terms of sectors, technology stocks generally strengthened, with kuaishou rising more than4%, jd.com rose by more than7%, alibaba rose more than3%, meituan rose more than4%, tencent rose2%domestic real estate stocks rose significantly, with r&f properties soaring12%, vanke rose nearly8%, sunac rose more than7%, greentown, longfor and others rose more than6%home appliance stocks rose the most, with hisense home appliances rising more than14%but surprisingly, the performance of gold stocks was differentiated, with zhaojin mining and shandong gold falling, while zijin mining rose more than2%。

in terms of funds, southbound funds made a small net purchase of hong kong stocks today. as of the close, southbound funds made a net purchase of hong kong stocks26billion hong kong dollars.

cross-borderETFin terms of consumption, hong kongETFbig rise4%, china internetETF, hang seng consumerETF、china internetETF, hong kong internetETFwait for the rise3%in addition, non-bank stocks in hong kongETF, hang seng china enterprisesETF、HshareETF, hang seng high dividendETFwait for the rise2%。

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