Weekly Recap & Forecast| HSI Rebound and Key Earnings Coming - BABA, Tencent...
@HKEX_Comments:
When investors were worried about this week's market, the trend of HK stocks was surprising.On Monday, $HSI(HSI)$ opened slightly lower and then went higher, closing up 2.69% against the trend.In the middle of the week, Hong Kong stocks retreated and the market sentiment was sluggish.But on Friday, there were two good news that prompted the rally:1. US October CPI is lower than the forecast, and US stock soars; 2. The National Guard Health Committee issued 20 articles to optimize the pandemic prevention and control, which stimulated the Hang Seng Index to jump 7.7% on Friday.Throughout the week, the Hang Seng Index rose 7.2%, recovering 17,000 points to 17,325.66.Performance by sectorsThis week the