To The Moon

I think there is a chance for the Hang Seng Index to fall back to its 2008 bottom of 10,676 points. Since the financial tsunami in 2008, the Hang Seng Index has become a ATM for foreign capital, and nothing else, because Hong Kong is the most free place for money to flow in and out, and it used to be the world's three largest financial centers. The Hang Seng Index will first reflect the in and out of funds. Until the last two months, the Hang Seng Index has been declining, and now it has reached the edge of 15,000 points. In the end, the Hong Kong stock market will be so weak for the following reasons: 1) The prosperity of a stock market must be supported by funds. However, you can see that the turnover of the Hang Seng Index has decreased significantly from the peak of 200 billion to the recent 80 to 120 billion, which means that most investors have stayed away from the Hong Kong stock market. As the so-called pond water boils in the pond, foreign investors continue to sell stocks while they are high, and the Hang Seng Index has the opportunity to hit a new low. 2) Although the Hong Kong government has recently sung the Hong Kong story to the outside world, it has also held a financial summit. However, the government does not have any practical policies to promote the development of Hong Kong's economy, and many policies are not in place, which has caused many companies to run into difficulties and many companies that are obsessed with it. If there is no prospect, will investors feel comfortable investing in the Hong Kong stock market? 3) Many companies in the Hang Seng Index are Chinese-funded companies. They are double-edged swords. When the performance is good, the Hong Kong stock market will naturally get a share. However, when the Chinese economy is in recession, the operating costs of many companies increase. In the face of difficulties in repayment and loan repayment, coupled with the continuous depreciation of the RMB and the reduction of customers, the performance will only decline. The stock market depends on the company's business situation in the future, especially in 2023, the performance of many companies is expected to deteriorate, so the decline of the Hang Seng Index has not stopped. 4) When foreign investment is booming because of the Sino-US trade war, they will only stay away from risky markets. Hong Kong stocks are exactly where the eye is. From now to the next year, I believe the problem will not be solved. I believe that foreign capital will only go to the US dollar market, and the Hang Seng Index will only continue to be weak. Based on the above points, the situation of the Hong Kong stock market is not optimistic, because few investors foresee the future deterioration of Hong Kong's economy and Hong Kong's mistakes in economic policies. It is the so-called stock market affects the economy, and the economy affects the stock market. I believe this decline will be unprecedented. Investors are better off staying away from the Hong Kong stock market, or holding cash would be a wise strategy.

$HSI(HSI)$$SQQQ(SQQQ)$

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