Latest
Hot
Everyone has seen the global influence of Big A today. As soon as the market was closed for a week after the market was closed, it frightened the global stock market. However, after killing 800, it lost 1,000, and A-shares once again fell below 3,000 points.
The Hang Seng Index slowly declined after opening sharply low in early trading. Entering midday trading, the decline increased, and eventually held 17,000 points. However, the Hang Seng Technology Index was not so lucky. It plummeted nearly 4% and fell below 3,400 points. This month, like A, it will start a 3,000-point defense battle.
For nearly a week, the stock market was hopeful and then disappointed. After a few days, it wiped out the rebound at the beginning of last week and returned to the starting point once again.
As the market repeats, southbound capital enthusiasm is gradually being consumed. Despite another low level, today's net purchases were less than HK$400 million, far less than the net purchases of nearly HK$6 billion on the last day before the holiday.
The collective weakening of the market is being dragged down by two major factors. First, the non-farm payroll data has improved, and the Federal Reserve will continue to aggressively raise interest rates. The market now believes that the probability of raising interest rates by 75 basis points is over 90%.
Second, the conflict between Russia and Ukraine is getting bigger and bigger. If you invest in Russia, I bomb the Nord Stream Pipeline, you bomb the Crimean Bridge, and I bomb Kyiv. The attacks have come and gone.Musk, the richest man on Earth, said on Twitter that the probability of a nuclear war is rising rapidly.
These two points are the biggest disadvantages currently suppressing the stock market, and there is no possibility of a sudden improvement in the short term.
Currently, Hong Kong stocks have broken clean, and valuations are at historically low levels. As of October 10, the Hang Seng Index PB was 0.83 times, with a historical percentile of 0.04%. It must have fallen below the long-term allocation value，...
The Hang Seng Index slowly declined after opening sharply low in early trading. Entering midday trading, the decline increased, and eventually held 17,000 points. However, the Hang Seng Technology Index was not so lucky. It plummeted nearly 4% and fell below 3,400 points. This month, like A, it will start a 3,000-point defense battle.
For nearly a week, the stock market was hopeful and then disappointed. After a few days, it wiped out the rebound at the beginning of last week and returned to the starting point once again.
As the market repeats, southbound capital enthusiasm is gradually being consumed. Despite another low level, today's net purchases were less than HK$400 million, far less than the net purchases of nearly HK$6 billion on the last day before the holiday.
The collective weakening of the market is being dragged down by two major factors. First, the non-farm payroll data has improved, and the Federal Reserve will continue to aggressively raise interest rates. The market now believes that the probability of raising interest rates by 75 basis points is over 90%.
Second, the conflict between Russia and Ukraine is getting bigger and bigger. If you invest in Russia, I bomb the Nord Stream Pipeline, you bomb the Crimean Bridge, and I bomb Kyiv. The attacks have come and gone.Musk, the richest man on Earth, said on Twitter that the probability of a nuclear war is rising rapidly.
These two points are the biggest disadvantages currently suppressing the stock market, and there is no possibility of a sudden improvement in the short term.
Currently, Hong Kong stocks have broken clean, and valuations are at historically low levels. As of October 10, the Hang Seng Index PB was 0.83 times, with a historical percentile of 0.04%. It must have fallen below the long-term allocation value，...
89
15
40
Unlock Pro Investors’ Money-Making Secrets
Join Futubull Community! Now Connect Directly with Top Investors & Public Company Executives