The past week has been an exciting one! The $HSI(HSI)$ has surged for five consecutive trading days, posting an impressive 8.8% weekly gain, marking the biggest surge since October 2011!On the news, there were no major positive announcements last week, and even some bearish news came from abroad. For instance, the US core PCE price index grew 3.7% in the first quarter, higher than the expected 3.4%. The market repeatedly pushed back the timeline for the Fed's rate cut in 2024, and the US stock market performed moderately last week.But the Hong Kong stock market didn't seem to be fazed at all. Internet giants like $TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$ an

The Hong Kong stock market performed poorly with $HSI(HSI)$ down 2.98% last week, hovering dangerously close to the 16,000-point mark.On the news, it's a mix of internal and external troubles:On April 16th, the National Bureau of Statistics released data showing that GDP for the first quarter hit 29.6 trillion yuan, a whopping 5.3% growth that surpassed analysts' expectations. But the real estate sector continues to deteriorate. Newly constructed commercial housing sales area fell 19.4% year-on-year, and sales value dropped 27.6%.Overseas, Fed Chairman Powell said that the US economy is strong in most respects, except that inflation hasn't yet reached the central bank's target. He also pointed out that the world's most important central bank is unl

Hong Kong stocks were flat last week, with the $HSI(HSI)$ dipping just 0.01%.On the news, the US March CPI rose 3.5% year-on-year, a new high since September last year, and higher than the market's 3.4% expectation, dashing hopes of a June rate cut.Domestically, China's March CPI growth narrowed to 0.1%, down from 0.7% in the previous month. And after three months of gains, the CPI fell 1.0% month-on-month.In terms of sectors, $CHINA VANKE(02202)$ again burst the negative, following the cooperation company "whistleblowing", Vanke Jinan company general manager was taken away by the police for investigation, the stock price fell sharply, the entire industry has been affected:Despite the bad news, southbound

Last Saturday, the National Bureau of Statistics released the February CPI numbers, up 0.7% year-on-year, reversing the previous consecutive negative growth situation. The month-on-month jump of 1.0%, 0.7 percentage points higher than the previous month, exceeding market expectations.This good news has the market all smiles. Southbound funds have been flowing in for five days straight, with a whopping HK $11.4 billion bought on Wednesday alone. That's a record! And the whole week net purchase hit HK $21.38 billion.Looking at the sectors, the optional consumption and daily consumption sector led the rise, while those high-dividend sectors like finance, energy, and telecom that the market had been embraced up to out of economic fears are seeing some red.With this positive mood, growth stocks

Last week, the Hong Kong stock market held steady with the $HSI(HSI)$ dipping a mere 1.42%.News-wise, it was a busy week! Domestically, the Two Sessions kicked off, and the Government Work Report set a GDP growth target of around 5% for 2024, which was right in line with market expectations. Governor Pan Gongsheng of the People's Bank of China hinted at further reserve requirement ratio cuts during the Two Sessions. On Thursday, the General Administration of Customs announced that China's total import and export value for the first two months of this year hit 6.61 trillion yuan, a year-on-year increase of 8.7%, exceeding market expectations.Overseas, the US Senate Committee on Homeland Security and Governmental Affairs passed a Biosecurity Act with

Hong Kong stocks were relatively calm last week, with the $HSI(HSI)$ down 0.82% on the week.In terms of market sentiment, we welcomed the earnings season last week, with companies like $LI AUTO-W(02015)$ and $BIDU-SW(09888)$ released their financial reports. Li Auto's fourth-quarter results were well above expectations, sparking a surge in its share price. However, Baidu's performance was lackluster, and its share price tanked after the earnings release.This week, companies like $NIO-SW(09866)$ $JD-SW(09618)$ $BILIBILI-W(09626)$ are

The Hong Kong stock market was on a roll with bullish news last week, and $HSI(HSI)$ rose 2.36%, marking its third consecutive weekly rebound.During the Spring Festival, domestic consumption data was impressive. A total of 474 million domestic tourists traveled across the country, a 19% increase compared to 2019. Tourism revenue also increased by 7.7% over the same period in 2019. And the box office for Spring Festival films set a new record for the holiday week.On February 20th, the People's Bank of China announced the latest Loan Prime Rate (LPR) quotes. The 1-year LPR remained unchanged at 3.45%, while the 5-year or longer LPR dropped by 25 basis points from 4.20% to 3.95%, marking the largest historical decline.Wu Qing, the new chairman of the

The Hong Kong stock market, once again, fell into a panic sell-off last week. The $HSI(HSI)$ is now close to the lowest point in October 2022, with a weekly decline of 2.42% to 15533.56 points. The $HSTECH(HSTECH)$ also fell 3.78% to 2032.9 points.In terms of market indicators, whether it's technical indicators, valuation, risk premium, or investor sentiment, the current Hong Kong stock market can be called the "worst ever" without exaggeration. Although there have been several rounds of market bottoms with extreme levels in the past, the liquidity and investor sentiment have never been so bad.Due to the domestic bailout funds, the A-share market also hit a new low, but it's still slightly better than Ho

In the past week, the performance of Hong Kong stocks was still poor, with the $HSI(HSI)$ down 1.76% in a week, which fell more than the same period in 2023!Amid the gloom, the economic data released this week was mixed!According to data from the National Bureau of Statistics, CPI fell by 0.3% year on year in December, while PPI fell by 2.7%. The good news is that, according to data released by the General Administration of Customs, China's import and export totaled 3.81 billion yuan in December last year, growing by 2.8% year on year, with monthly import and export volume hitting a record high; among them, exports increased by 3.8%, and imports increased by 1.6%.Overseas, the United States released December CPI data on Thursday, up 3.4% year on ye

Due to the New Year's Day holiday, there were only four trading days last week. Before the holiday, the $HSI(HSI)$ experienced a significant surge, fueling investors' high expectations.However, in the past week, Hong Kong stocks faced both domestic and international pressures.According to data released by the National Bureau of Statistics, the manufacturing PMI index for December was lower than expected. Additionally, the decline in sales remains high, according to the December sales data released by the top 100 real estate companies.On the international front, the Federal Reserve released its meeting minutes last week, indicating that it has completed its interest rate hikes, but did not provide a timeline for rate cuts. As a result, the market ha

There were only three trading days for Hong Kong stocks last week due to the Christmas holiday, but the $HSI(HSI)$ still performed brilliantly, rising 4.33% in a week, bringing the gloomy 2023 to a close.Looking back at the whole year, the $HSI(HSI)$ performed poorly, with an annual decline of 13.82%, which is the fourth consecutive year of decline.As we look ahead to 2024, with the possibility of Fed rate cuts and foreign capital returning to Hong Kong, the Hong Kong stock market could see a rebound from its current low valuation. The Northbound funds have bought a record amount of A-shares this week, totaling 18.7 billion yuan, which could be a good omen for the Hong Kong stock market.The news was relativ

Internet giants collapsed! $TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$, the king of HK stock, fell by 12% last Friday, while $NetEase(NTES)$ $NTES-S(09999)$ plunged by 24.6%!Last Friday, the draft release of "Network Game Management Measures" proposed restrictions on excessive use and high spending in games.As a result, the gaming stocks plunged, the $HSI(HSI)$ turned from up to down, and finally closed down 1.69%!On the macro side, the LPR rate remained unchanged last week, and the interest rate cut expectation was disappointed. However, state-owned banks including

Hong Kong stocks experienced a much-needed rally, offering investors a temporary sense of relief as the $HSI(HSI)$ rebounded last week. After dipping below the 16,000 points, the market managed to notch a weekly gain of 2.8%.On the news, there have been many major events last week, and the domestic has released a number of economic data for November, which have been mixed and failed to become a turning point in the market.Overseas, the U.S. November CPI data released last week is in line with expectations, and the Federal Reserve's interest rate meeting unexpectedly released pigeons, the dot plot suggests that there may be three interest rate cuts in 2024, which surpassed market expectations. Us stocks rose sharply and the

$HSI(HSI)$ fell 2.95% to close at 16,334 points last week, approaching its lowest point last year.In terms of import and export data for November, exports increased by 0.5% year-on-year, surpassing market expectations when measured against the dollar. However, imports declined by 0.6% year-on-year, indicating unstable domestic demand.Internationally, US stocks experienced slight growth, while the Indian stock market continued to reach record highs, causing envy among investors in Hong Kong and A-shares.By sectorHealthcare emerged as the biggest loser last week, closely trailed by the real estate sector. Conversely, only the materials and industrial sectors remained to be green.From the perspective of individual stocks,