This week, Hong Kong stocks saw huge swings. The $HSI(HSI)$ rose 0.53% for the week, dipping below the 20,000-point mark.On Monday, the Political Bureau of the Central Committee held a meeting to discuss China's 2025 economic plans. The key takeaways were clear: stabilize the housing and stock markets, manage risks in key sectors, and guard against external shocks. The meeting also called for more aggressive fiscal policies and moderately loose monetary measures to boost consumption and investment. There was a push to expand domestic demand.Some of the comments surprised the market, like the unprecedented mention of "strengthening extraordinary counter-cyclical adjustments" and the first shift in monetary policy since 2011, aiming for "moderately l

This week, Hong Kong stocks made a steady rebound. The $HSI(HSI)$ rose 2.28%, closing near the 20,000-point mark.Positive Economic Data Drives Market Optimism On Monday, Caixin released China’s November manufacturing PMI, which came in at 51.5, the highest in seven months and far exceeding analysts' expectations. This indicates that the manufacturing sector is continuing to expand, driven by economic stimulus policies.With improving economic data, China plans to hold its annual closed-door Central Economic Work Conference next Wednesday to set economic targets and stimulus plans for 2025. The news sparked market speculation around more policy support, pushing stocks higher.Additionally, many major Wall Street firms expect China’s central bank to ma

This week, the Hong Kong stock market showed signs of stabilizing and rebounding, with the $HSI(HSI)$ rising 1% over the week.Market Buzz and RumorsWith the Central Economic Work Conference set for mid-December, rumors have been flying. On Wednesday, a rumor suggested that the meeting would be moved up and that the fiscal deficit target for next year would be increased, which sparked a rally in both Hong Kong and A-shares. However, soon after, international investment banks weighed in, predicting that the economic policies discussed at the December meeting would likely not exceed expectations. By Thursday, both Hong Kong and A-shares saw a noticeable drop.Friday’s trading was even more dramatic. After a sluggish start, major indices shot up in the

This week, the Hong Kong stock market continued to slide, with the $HSI(HSI)$ dropping 1%, hitting its lowest level since September 26th.Weak Earnings A number of internet companies released their third-quarter results this week, and the market reaction was far from positive. Stocks of $XPENG-W(09868)$ fell 3%, $KUAISHOU-W(01024)$ dropped 11.7%, $BIDU-SW(09888)$ slid 8.6%, and $PDD Holdings Inc(PDD)$ lost 10.6%.These internet giants are a key weight in the Hang Seng Index, making up over 30% of its total market cap. Their poor performance has significantly dampened market senti

This week, the Hong Kong stock market saw sharp swings, with the $HSI(HSI)$ rising 1.08% by the end of the week, following a series of significant events.Positive Economic Data from ChinaDomestically, there was some good news. On Tuesday, Caixin’s PMI for October came in at 52, the highest in three months, well above analysts’ expectations of 50.5. On Thursday, China’s customs data showed a 12.7% year-on-year increase in exports in October, far outpacing the expected 5% growth.Overseas Events and Market ReactionsOverseas, the US election result added to market volatility. Trump’s victory raised concerns about escalating trade tensions, causing a sharp drop in both Hong Kong and mainland stocks. However, the market rebounded on Thursday as expectati

This week, the Hong Kong stock market remained stable, with the $HSI(HSI)$ declining by 1.03%.Key Economic DevelopmentsOn Monday, the PBOC authorized the National Interbank Funding Center to announce the latest Loan Prime Rates (LPR). The one-year LPR decreased to 3.10% from last month’s 3.35%, while the five-year LPR fell to 3.60% from 3.85%, marking a 25 basis point drop for both.In the same vein, the PBOC executed its first swap operations for securities, funds, and insurance companies, with an operation amounting to 50 billion yuan. This drew participation from 20 institutions, with CICC winning the bid.Additionally, the Chinese Academy of Social Sciences released a macro-financial analysis report for the third quarter, suggesti

This week, Hong Kong stocks saw a dip followed by a rebound, with the $HSI(HSI)$ ending the week down 0.43%.Nvidia led the rallyThe rebound wasn’t easy. On Monday, the Statistics Bureau released August CPI and PPI data. CPI rose 0.6% year-on-year, missing the expected 0.7%, while PPI fell 1.8%, worse than the forecasted 1.5%.Following the data release, A-shares fell continuously, with the Shanghai Composite Index nearing 2700 points!Fortunately, on Wednesday, the US August CPI came in at a 2.5% year-on-year increase, falling for the fifth consecutive month. Markets now expect the Fed to cut rates by 25 basis points at next week’s meeting.Meanwhile, $NVIDIA Corp(NVDA)$ CEO Jensen Huang revealed huge demand

This week, Hong Kong stocks ended a four-week rebound streak, with the $HSI(HSI)$ dropping 3%!Key Drivers of the Slump- Over the weekend, the National Bureau of Statistics reported that the official manufacturing PMI for August fell to 49.1 from 49.4 in July, a larger drop than expected.- On Wednesday, Caixin released the August Caixin China Services PMI, which decreased from 52.1 in July to 51.6, showing a slower expansion rate.- Internationally, U.S. economic data came in weaker than expected. The ISM Manufacturing PMI for August was 47.2, below the forecast of 47.5 and the previous 46.8. This marks the fifth consecutive month of decline, reaching its lowest level since November last year.As a result, concerns about a U.S. economic downturn inten

This week, Hong Kong stocks continued their rebound, with the $HSI(HSI)$ rising 1.99%.Domestic NewsDomestic news was mixed. On one hand, July's financial data fell short of expectations. New RMB loans in July were ¥260 billion, missing expectations by ¥85.9 billion. M1 growth was -6.6% year-over-year, compared to -5% previously. On the other hand, retail sales in July grew 2.7%, beating the market forecast of 2.6%!Overseas NewsIn the US, July CPI growth slowed to 2.9% year-over-year, with core CPI hitting a three-year low! US July retail sales rose 1% month-over-month, exceeding expectations and marking the highest increase in a year and a half.Strong economic data eased recession fears, boosting US and Japanese stocks. The US and Japan markets hav

Hong Kong stocks performed poorly with the $HSI(HSI)$ falling 4.79% this week, leaving the market in a dismal state.In domestic news, the 20th Central Committee convened for its third plenary session, but market response was subdued.Internationally, last Saturday, Trump was attacked, which boosted his popularity and led markets to speculate on post-election trading under a potential Trump presidency. Trump's campaign policies suggest possible tariffs on China and increased oil production upon taking office, adversely affecting related stocks.Simultaneously, major AI players such as $ASML Holding NV(ASML)$ and $Taiwan Semiconductor Manufacturing(TSM)$ released earni