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the ipo queue has shrunk to more than 200 companies. the resonance of multiple factors has caused the mainland and hong kong stock markets to surge. a comprehensive recovery in the fourth quarter is expected.

2024-09-29

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source: market information

source: china times

china times (www.chinatimes.net.cn) reporter hu jinhua reported from shanghai

different from the previous debate between "holding currency to celebrate the holidays" or "holding stocks to celebrate the holidays", a-shares and hong kong stocks really felt the "significant return of blood" in account funds before this year's national day holiday, but investors are also worried about the market trend after the holiday .

from september 24th to 27th, the a-share market experienced an epic surge. in the four trading days, the shanghai composite index rose by 4.15%, 1.16%, 3.61%, and 2.89% respectively. the index crossed the 3,000-point mark in one fell swoop to 3,087.53 points. the shenzhen component index rose sharply from 8083 points to 9514.86 points, an increase of more than 15%; the gem surged 10% in a single day on september 27, with the index rising to a maximum of 1919.79 points.

at the close of trading on september 27, a-share trading exceeded 1.4 trillion yuan, and more than 5,200 stocks in the market rose, exceeding the daily limit of 100 stocks; the hong kong stock market was no less impressive. stimulated by the policy "combination punch" that exceeded expectations, the hong kong hang seng index the market opened on the 27th and broke through the psychological barrier of 20,000 points, with funds pouring in to purchase goods. the hang seng index rose 3.55% to 20,632 points that day, setting a new high for the year. the main board transaction volume reached hk$445.7 billion, exceeding the hk$360.67 billion on july 27, 2021, setting a record high.