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Can Hang Seng Index go beyond 20000?
@Just Do It:$HSI(HSI)$ The Hang Seng Index is down 488.88 points, or 2.47%, at 18,960.30 points, mainly due to the fall in the US stock market last night. Therefore, I think that Hong Kong stocks are still below 20,000 points, which represents a bleak stage in terms of outlook, only compared to the better ones in the previous months. I have said that to observe the stabilization of the Hang Seng Index at 20,000 points, we need to observe whether the index can stabilize at least 20,000 points within two weeks to one month, otherwise the HSI is still not stabilized, because I believe that the strict prevention of epidemics in China has affected the purchasing power of Hong Kong stocks from the north and south. The HSI is still hovering in an unstable situation. I think Hong Kong stocks have obvious rise compared to the previous few months, mainly by the national policy of the real estate finance 16 favorable to the stock price of domestic housing, coupled with the optimization of the Mainland's epidemic prevention measures, favorable to all sectors of the stock price to enhance the role of Hong Kong stocks overall rise compared to a few months for the room for progress, but I think Hong Kong stocks are still in the hidden worry, mainly geopolitical, the Federal Reserve due to inflationary factors to raise interest rates, so Hong Kong stocks are still Therefore, I think that even if the rise can only have a slight increase in my role, the long-term view of Hong Kong stocks need to have external environmental factors to support the economy, before there will be a significant increase in stock prices. The Financial Secretary of the Hong Kong government announced that the fiscal deficit is expected to be as much as 100 billion Hong Kong dollars, and next year there will be about 3.2% deflation, so I think that investing in stocks requires careful consideration of the prevailing trends and forecasts of future conditions, as well as an assessment of their ability to bear risk, so as to avoid the risk of serious losses to themselves on the stock market investment road. Next year, the Hong Kong economy is showing signs of slowdown, the stock market will be subject to the slowdown of the Hong Kong economy and may fall, I think we need to keep cash as a backup to avoid over-investment affect their cash flow situation, the above is my personal view. @MillionaireTiger @TigerStars @CaptainTiger
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