In 2023, China Concept Stocks ushered in a big rebound due to multiple favorable factors such as deregulation, enhanced economic expectations, and improved global liquidity, $Alibaba-SW.HK $Alibaba(09988)$
As for the performance of Chinese concept stocks after the Spring Festival, I will still focus on seeing more. It is all because China Concept Stocks have not rebounded from the bottom of the valley, but they have not rebounded to the pre-epidemic level. Therefore, there is reason to believe that the rebound will continue. In terms of the current trend, there is no need to worry too much. It is normal to have the opportunity to make horizontal adjustments in a few days, but compared with it. The callback power is far different. It can be very strong from the previous pullback, and it keeps falling without support. However, compared with the current pullback force, it is very slight before, all because as long as there is a pullback, the bearing capacity at the bottom is very stable, and it quickly rises up a lot. Even if it falls, it is very small, so I believe it is affected by the capital support of huge foreign capital, plus When the strength of the upper north and south is stronger than that of the previous year, it is very helpful to improve the strength of the stock market, so there will not be too much decline, which is the difference from the previous correction.
I think Hong Kong stocks will still rebound at least about 24,000 to 25,000 points. Chinese concept stocks will also follow Hong Kong stocks and rebound again. The power of recovery will still be very strong, so there is no need to worry in the short term. In addition, the Federal Reserve discussed the suspension of interest rate hikes last night, mainly to note that the previous month's CPI fell back to CPI 6.5%. Seeing that inflation continues to fall, as for the interest rate cut discussion, the Federal Reserve will continue to pay attention to whether the CPI will continue to fall back to 2% before taking the exam. There is room for discussion about interest rate cuts. Yesterday, the sharp rise of U.S. stocks was mainly favored by the Federal Reserve's announcement of the suspension of interest rate hikes, which made investors regain confidence in investing in the stock market. Therefore, the reason why U.S. stocks rose sharply. However, Hong Kong stocks suspended trading because they involved the Lunar New Year. I think Hong Kong stocks will rise on the day after the re-opening of the market on the fifth day of the Chinese New Year, so the rise of Chinese concept stocks is inevitable. Main If the funds previously invested in U.S. bonds gradually flow out and slowly flow into the stock market, due to the continuous decline of CPI and the news of multiple benefits of Hong Kong stocks, attracting offshore investment funds into the arms of Hong Kong stocks, even if there is a pullback, the bottom is still very strong situation.
Although Hong Kong stocks are more attractive than those of the United States at present, I will still be cautious to invest in Hong Kong stocks. I should not invest in Hong Kong stocks with a relaxed mentality. Hong Kong stocks are still affected by the unresolved geopolitical problems, which may cause Hong Kong stocks to fall again due to the rekindling of geopolitical problems, so Even with the continuous favorable policies in China, I will continue to pay attention to the changes in the market situation. I can make appropriate responses at any time to reduce the situation of ordering investment losses due to the influence of external factors. The above personal analysis is purely based on the current situation, not any investment advice. When investing, I need it myself. We should consider the possibility of suffering losses due to factors beyond control.
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