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hong kong stocks are on fire, with gains reaching peak levels!

hong kong stocks rise to the top of major global stock markets

after recent consecutive surges, hong kong stocks have ranked first among major stock markets in the world this year.

among them, the hang seng index has increased by as much as 33.37% this year, and the hang seng technology index has increased by as high as 38.9% this year, both surpassing comex gold.

in addition, in terms of a-shares, the shanghai composite index rose by 12.15% this year, the shenzhen composite index rose by 10%, and the gem index rose by 15%.

among u.s. stocks, the nasdaq and s&p 500 rose by more than 19%, and the dow rose by 11.47%.

in addition, the nikkei 225 index has increased by more than 15% this year.

it broke out again late today

on october 4, the hang seng index opened 98 points lower in early trading today. although it once fell below 22,000 points, capital buying soon reappeared, and the index turned upward. it rose sharply in late trading, breaking through 22,700, the high at the beginning of last year, refreshing two levels. a new high in the first half of the year, with the main board transaction volume reaching approximately hk$261.53 billion.

as of the close, the hang seng index was at 22,736 points, up 2.82%, and the state-owned enterprises index was at 8,156 points, up 3.06%. the hang seng technology index reported 5,227 points, up 5%.

major foreign banks take action

senior hong kong financial commentator xiong liping believes that the sudden influx of funds into the market is by no means solely dependent on funds from the mainland and hong kong (including beishui and retail investors). due to the recent surge in hong kong stock trading, southbound trading still accounts for only 30% of the total hong kong stock trading. to 35%, reflecting the participation of funds from overseas institutions or funds in the mainland and hong kong stock markets.

chen jiahe, chief investment officer of beijing jiuwan qingquan technology co., ltd., also believes that from the perspective of foreign investment, the impact of the fed's interest rate cut is relatively large, which means that the return on funds obtained from bonds has decreased, and they need to look for some risks assets; in the past few years, foreign capital has been underweight, or even seriously underweight, chinese assets. so when the chinese market rises, they can only pursue it. "hong kong stocks rose so much on the previous trading day. in fact, the main reason is that foreign investors want to allocate, but they have no stocks to sell and can only buy. then there is nothing to sell to them on the mainland. , the mainland stock market is more certain to rise after the holiday, so we find that funds are rushing into the market. there are so many new accounts opened, and there are also many new subscriptions for funds. this money is basically certain to enter the market after the holiday. in this case, if foreign investors want to grab chips during the holidays, they will definitely want to arrange their chips before the a-share market opens."

the information disclosed by the hong kong stock exchange also supports this view.

yesterday, according to the latest equity disclosure information from the hong kong stock exchange, the hong kong stock exchange obtained an additional holding of approximately 6.1164 million shares from jp morgan on september 27 at an average price of hk$296.4760 per share, involving an investment of approximately hk$1.813 billion. after the increase in holdings, jpmorgan chase’s latest shareholding amount was approximately 81.42 million shares, and its position ratio increased from 5.93% to 6.42%.

in addition, tsingtao beer co., ltd. obtained an additional holding of approximately 4.375 million h shares from jpmorgan chase on september 27 at an average price of hk$55.4166 per share, involving an investment of approximately hk$242 million. after increasing its holdings, jpmorgan chase's latest position ratio increased from 7.60% to 8.27%.

byd shares were increased by jpmorgan chase on september 27 to approximately 6.52 million h shares, with an average transaction price of hk$274.5244 and an investment of approximately hk$1.791 billion. since then, jpmorgan chase’s position has increased from 4.85% to 5.45%.