chan mo-po: the average daily turnover from september to this friday is approximately hk$192 billion, which is double the average daily turnover in august.
2024-10-06
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[paul chan mo-po: the average daily turnover from september to this friday is about hk$192 billion, which is double the average daily turnover in august] financial news agency, october 6, the financial secretary of the hong kong special administrative region government, paul chan mo-po, said at the the secretary's essay published on the hong kong sar government website stated that entering the fourth quarter of 2024, the overall market sentiment has improved significantly. the hang seng index has risen to a high of about two and a half years, with a cumulative increase of more than 5,600 points in the past 15 trading days, an increase of 33%. the average daily turnover from september to this friday was approximately hk$192 billion, which was double the average daily turnover in august. the value of the hong kong stock market also rose to hk$39.4 trillion. the performance of some investment products with a high proportion of hong kong stocks has also increased. taking mandatory provident fund investment as an example, a research institution reported that the outstanding performance of hong kong stocks in september contributed to the overall return of mandatory provident fund funds in the third quarter exceeding 7%, which was the best quarter in the past two years. it can be expected that the rebound in market conditions and investors' cautious optimism about the market outlook will push many companies to speed up the process of listing in hong kong, including many innovation and technology companies; it will also encourage more companies to settle in hong kong.