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MaverickWealthBuilder ·2023-01-06Why you need these High-Beta stocks? (HK Market)Why you need these High-Beta stocks? (HK Market)
Refer to How to balance portfolio of Chinese stocks?Most of Hong Kong exchange stocks are Chinese Mainland companies. Only a few of local ones, such as$CKH Holdings(00001)$$HK & CHINA GAS(00003)$ $MTR CORPORATION(00066)$ in local businesses and utilities, or international enterprises, such asTOP88wlam88: 2022 critics sais China was investible, 2023 will prove them wrong!!!💪Patrick goh ·2022-12-15HKEX_Comments ·2022-12-05Weekly Recap| HSI Hit a New Stage High Prompted Constant Bullish FactorsWeekly Recap| HSI Hit a New Stage High Prompted Constant Bullish Factors
The Hong Kong stock market continued to rally last week. The Hang Seng Index rose 6.27% week-on-week, hitting a new high since the rally.Last week's rally was driven by three main sources.1. The Securities and Futures Commission resumed equity financing for real estate companies2. Pandemic prevention and control policies continue to be optimized, such as the cancellation of temporary control measures in Guangzhou city.3. Employment data released last week was significantly less than expected, highlighting the economic slowdown. Fed Chairman Powell's speech indicated that it is reasonable to slow down interest rate hikes in the future. The following surge of U.S. stocks also create a good external environment for Hong KoTOPWith the antocipated China reopening, bul is ready to charge
High
3.260
Open
3.150
Volume%
8.18
Low
3.140
Close
3.160
T/O Rate
2.74%
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