This week, the Hong Kong stock market had a rough time, with the $HSI(HSI)$ falling for the fourth consecutive day, down by 6.28%. The index has broken out of its sideways range since October.Domestic News Last Friday after the market closed, China announced a fiscal stimulus plan, with 6 trillion yuan in new funds for debt reduction. However, there was no mention of any policy support for the real estate or consumption sectors.On Wednesday, the Ministry of Finance rolled out a "big gift" with tax cuts, including reduced deed tax, land value-added tax, and VAT. For example, the deed tax for the purchase of a family's first or second home (under 140 square meters) has been cut to 1%, down from 1-1.5% for regular homes and 3% for non-standard homes.O

This week, the Hong Kong market saw some fluctuations, with the $HSI(HSI)$ dipping slightly by 0.41%. CRIC announced that the sales of China's top 100 real estate companies reached 435.49 billion yuan in October. That’s a 7.1% year-on-year increase and a 73% jump from the previous month—marking the second-highest monthly sales this year. It’s also the first time this year that we’ve seen positive year-on-year growth in a single month!In addition, the National Bureau of Statistics released the manufacturing PMI for October, which came in at 50.1, surpassing analysts’ expectations of 49.9. This figure crosses the crucial line into expansion territory, signaling that the manufacturing sector is on the rebound. It’s the first economic data released sin

This week, after a strong rally, Hong Kong stocks saw a pullback, with the $HSI(HSI)$ falling 2.11% over the week.Recently, multiple ministries, including the Ministry of Finance and Ministry of Housing and Urban-Rural Development, held press conferences to introduce growth-stabilizing policies. However, market expectations were not fully met, leading to consecutive declines in Hong Kong stocks.On Friday, the Governor of the People's Bank of China announced at the 2024 Financial Street Forum that, depending on market liquidity, there could be an additional 0.25-0.5 percentage point cut in the reserve requirement ratio (RRR) before year-end. It’s also anticipated that the Loan Prime Rate (LPR), to be announced on the 21st, will decrease by 0.2-0.25

This week, Hong Kong stocks experienced a significant downturn, with the $HSI(HSI)$ dropping by 6.53%, which has certainly dampened the spirits of restless investors.Hong Kong, A-shares DeclineOn the first day after the National Day holiday, the State Council Information Office held a press conference to discuss how to "systematically implement a package of incremental policies to solidly promote an upward economic structure and ensure continuous positive development." There was a lot of anticipation surrounding this meeting, as many hoped to hear detailed stimulus plans. However, it turned out to be merely an informational session, with no new policies announced. As a result, both Hong Kong and A-shares plummeted, marking the end of the recent bul

This week, a barrage of monumental boosts shook up the Hong Kong stock market, with the $HSI(HSI)$ rocketing 13% and soaring past the 20,000-point milestone!On the news front, Tuesday witnessed a press conference hosted by the State Council Information Office, where Governor of the People's Bank of China unveiled three game-changing policies: 1.Cuts in both the required reserve ratio and policy interest rates, driving down market benchmark rates. 2.Reductions in existing mortgage rates and lowering the minimum down payment for second homes. 3.Establishment of a ¥500 billion swap facility for securities, funds, and insurance companies, alongside a ¥300 billion special re-lending program for share repurchases and increased holdings.Thursday then brou

This week, Hong Kong stocks surged, with the $HSI(HSI)$ rising 5.12%, reclaiming the crucial 18,000-point mark!The biggest boost came from the Fed's decision to cut interest rates by 50 basis points, slightly exceeding market expectations, which triggered a rally across global markets.Domestically, the People's Bank of China did not follow suit with a rate cut, keeping the September LPR for both the 1-year and 5-year rates unchanged. While hopes for a domestic rate cut were dashed, bank stocks benefitted.Every sector saw positive returns this week, with consumer and real estate leading the charge:According to Bloomberg, to stimulate a recovery in the real estate market, policymakers are considering further relaxing purchase restrictions in first-ti

This week, Hong Kong stocks extended their rebound trend, marking four consecutive weeks of gains. The $HSI(HSI)$ rose 2.14% this week, nearing the 18,000-point milestone!Key Drivers of the ReboundOn the news, Federal Reserve Chair Jerome Powell's dovish speech at the Jackson Hole conference last Friday bolstered expectations for a September rate cut, which is positive for Hong Kong stocks.Domestically, several major companies released their earnings reports this week. Meituan's results exceeded expectations, and with a $1 billion share buyback, its stock surged! However, banks reported disappointing results for the first half of the year. For example, ICBC's net profit for H1 was ¥170.5 billion, down 1.9% year-over-year. This led to a collective s

This week, Hong Kong stocks extended their rebound, with the $HSI(HSI)$ rising 1.04%, marking three consecutive weeks of gains.Key Drivers of the Rebound- Internet Sector Stabilizes: Companies like $XIAOMI-W(01810)$ $BIDU-SW(09888)$ $KUAISHOU-W(01024)$ released their Q2 reports. Xiaomi’s car division exceeded margin expectations, causing its stock to surge. Baidu’s focus on cost-cutting led to a 5% rise in net profit, and its stock remained steady. Kuaishou’s stock dropped sharply due to slower e-commerce growth.- High Dividend Stocks Surge: Especially notable are bank stocks, which have rallied significantly.

This week saw massive global stock market turmoil. Japan's market first plunged 12.4%, its worst drop since 1987, then rebounded sharply, shaking financial markets!Amidst the global stock rout, Hong Kong stocks remained calm. The $HSI(HSI)$ dropped only 1.46% on Monday but ended the week up 0.85%, breaking a three-week losing streak.The global stock market upheaval was mainly due to concerns over a U.S. economic slowdown. On Friday, the U.S. reported 114,000 new jobs for July, falling short of the 175,000 expected. The unemployment rate hit a three-year high, fueling fears of a recession!Additionally, Japan’s unexpected interest rate hike and rising tensions in the Middle East triggered a sell-off on Monday.Hong Kong stocks had been declining recen

Hong Kong stocks took another tumble this week, with $HSI(HSI)$ plunging 2.28%, hit a three-month low!On the news, overseas tech giants like $Tesla Motors(TSLA)$ and $Alphabet(GOOG)$ $Alphabet(GOOGL)$ posted disappointing earnings, triggering a rout and dragging down $NASDAQ(.IXIC)$ , which in turn pulled Hong Kong's tech stocks down with it.Domestically, the high-dividend stocks saw a divergence, with bellwethers like $CNOOC(00883)$ and $CHINA MOBILE(00941)$ experiencing notable corrections

In the first half of 2024, Hong Kong stocks staged a remarkable turnaround, reversing the previous four consecutive years of decline. But due to macroeconomic challenges, geopolitical tensions, and high US interest rates, the $HSI(HSI)$ only managed a modest 4% gain.Despite the lackluster performance of the overall market, some sectors shined brightly, especially internet, high-dividend stocks, and overseas expansion, delivering good returns to investors.Here are the top 10 most popular Hong Kong stocks in Tiger Community in the first half of 2024:1. $XIAOMI-W(01810)$In March 2024, Xiaomi unveiled its first car, priced at a stunningly low 215,900 yuan, lower than market expectations, blowing the internet