This week, the Hong Kong stock market continued to slide, with the $HSI(HSI)$ dropping 1%, hitting its lowest level since September 26th.Weak Earnings A number of internet companies released their third-quarter results this week, and the market reaction was far from positive. Stocks of $XPENG-W(09868)$ fell 3%, $KUAISHOU-W(01024)$ dropped 11.7%, $BIDU-SW(09888)$ slid 8.6%, and $PDD Holdings Inc(PDD)$ lost 10.6%.These internet giants are a key weight in the Hang Seng Index, making up over 30% of its total market cap. Their poor performance has significantly dampened market senti

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

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

The US stock market is not calm last week. US bond yields continue to rise, a number of large technology stocks reported less than expected, and $NASDAQ(.IXIC)$ fell for 2 consecutive days.Hong Kong stocks and A shares has been positive. First, $HUIJING HLDGS(09968)$ bought the next Exchange Traded Fund (ETF), and said it would continue to buy; Later, the central budget issued an additional 1 trillion yuan of government bonds, raising the deficit-to-GDP ratio to a high level.At the same time, the Hong Kong government issued a policy address, and announced a series of major initiatives in addition to reducing the stamp duty on shares.In terms of Sino-US relations, a video conference of the China-Us econo

$Lululemon Athletica(LULU)$ was new added into $S&P 500(.SPX)$ and saw a significant 10% surge. Also included in the index was $Hubbell(HUBB)$ replacing the previously acquired $Activision Blizzard(ATVI)$ by $Microsoft(MSFT)$ and the women's health company $Organon & Co(OGN)$ Investors familiar with LULU's trading may know that it is a highly volatile stock, with earnings and company events often leading to fluctuations of over 10%. Options traders particularly like using it for earnings bets. LULU is also known as one of the "mo