Afternoon Review: Hang Seng Index Fell 0.64%, Narrowed &Nbsp, And Chinese Insurance Stocks Rose.
Affected by the sudden increase in interest rates by the central bank,
Hong Kong stocks
This morning, a sharp low opening of over 1%, followed by A shares rose to lift, the Hong Kong stock market rebounded sharply narrowed, the state-owned enterprises index rose once in a row.
As of noon, the Hang Seng index reported 23612.16 points, down 151.57 points, or 0.64%, while the state-owned enterprises index was 13529.73 points, down 43.87 points, or 0.32%, and the red chip index was 4308.88 points, down 74.87 points, or 1.71%.
The market traded at HK $76 billion 560 million in half day.
from
Disk surface
Look, Hang Seng financial sub index is flat, Hang Seng utilities index fell 0.50%, Hang Seng real estate index Hengsheng business classification index fell 1.23%.
A shares are stronger than H-shares, Hang Seng AH share premium index rose 1.17% to 103.92 points.
Only 6 of the 45 blue chips rose, and the fall was obvious.
China Resources Land
Down 4.08%, China's overseas development fell by 3.28%, and Hongkong's real estate stocks also weakened, and the decline in letters and home, Sun Hung Kai estate and Hang Lung real estate exceeded 1%.
China's oil and CNOOC fell more than 2%, while China Shenhua, China Aluminum and China Coal Energy fell more than 1%.
The performance of Chinese banking stocks fell, industrial and Commercial Bank fell 0.32%, Construction Bank fell 0.41%, and Bank of China fell 0.43%.
Benefiting from the central bank's interest rate increase, Chinese insurance stocks rose against the market, China life increased 4.01%, and China's security rose 2.63%.
Blockbuster HSBC Holdings fell 0.79%, China Mobile fell 1.08%, lagging behind the big market.
Chen Yu, an analyst at Huatai Hongkong, said that the interest rate suddenly increased yesterday. This suggests that inflation accelerated in September and risks of losing control. If CPI is close to or more than 4%, there will probably be another round of interest rate hikes.
Analysis of the impact of raising interest rates on the stock market, the central authorities only dare to use interest rate monetary instruments when the economic recovery foundation is good.
On the other hand, the increase of interest rates in the mainland will definitely push the RMB further to appreciate, and the hot money overseas will flow into Hongkong more and more fiercely.
It is expected that Hong Kong stocks will fall back together with Europe and the United States at a rate of around 200-300 points.
I believe Hong Kong stocks will be healthier after a short break.
- Related reading
Wenzhou Limited Power Sequelae: Shoe Enterprises Cost Increased By &Nbsp; Pollution Aggravated
|"Old Age" Is Difficult To Buy Old Products &Nbsp; &Nbsp; "Silver Hair Economy" Why Slow Development?
|Shoe Enterprises Seriously Use Labor Shortage To Refract Enterprise Defects
|- Fashion shoes | Visvim2010 Autumn Winter LEISEE&Nbsp; Lamina Shoes
- Fashion character | Rene Liu And Eason Chan And Marriage, Look At The Future Husband.
- Expo News | Hubei Maya: Environmental Fiber Assault &Nbsp; Colorful Fabric Pressing
- Fashion brand | Italy Professional Brand Faliero&Nbsp; Sarti Handmade Scarves
- Enterprise information | Identification Of Key Equipment For National Science And Technology Support Project Of Jingwei Textile Machinery
- Other | Jiangxi: Clothing Export Ranks First Among All Kinds Of Commodities
- Fashion character | Ronald Cheng'S New Sweetheart Was Turned Over, And Chen Lang Followed Sa.
- Instructions for foreign trade | The First Step In Foreign Trade Is To Let International Buyers Believe You.
- Enterprise information | Rong Sheng Petrochemical Industry Chain Integration &Nbsp; Win The Opportunity To Win.
- Fashion brand | London&Nbsp; Undercover KASHMIR WOOL SCARF
- 2011 The Eighth Shanghai International Leather Synthetic Leather Exhibition
- National Standard For Determination Of Peculiar Smell Of Wadding Fiber Products
- Jingwei Textile Machinery Limited By Share Ltd External Guarantee Announcement
- FILA Sports Full Of Passion &Nbsp; 2010 Autumn And Winter Fashion Experience
- Tianshan Textile Before The Three Quarter Net Profit Rose 91.52%
- Elegant Skirts In Late Autumn Wear Charming Taste (Five)
- Notice Of The Fourth Provisional Shareholders' Meeting Of Jiangsu In 2010
- 應(yīng)用納米技術(shù)成功獲得吸濕速干羊毛面料
- How Should We Wear Deep Grey And Black In Autumn And Winter?
- 深秋優(yōu)雅裙裝穿出迷人味道（四）