Hong Kong Stocks Rose 1.09% Monday To 23315 Points, More Than 1000 Stocks Rebound

At the close, the Hang Seng index reported 23315.04 points, up 250.48 points, or 1.09%; the state-owned enterprises index closed at 10409.72 points, up 61.19 points, or 0.59%; the red chip index closed at 4495.95 points, up 53.38 points, or 1.20%.

The big city traded HK $72 billion 570 million, which has shrunk compared with the previous day.

The Hang Seng classification index rose, the financial sub index rose 0.58%, the utility classification index rose 0.69%, the real estate sub index increased 2.08%, and the industrial and commercial sub index increased 1.47%.

Viewed from the disk,

Only 6 fell, and the general inflation pattern was obvious.

Macao's gambling stocks are doing a lot, and Jinsha's 7.11% rise is the best blue chip, followed by Galaxy Entertainment's 6.62%.

Tencent shares in the stock market hit 3.19%, closing close to HK $120.

The Hongkong exchange also made a comeback, rising 2.88% throughout the day.

In recent years, the growth of Sun Hung Kai estate, Henderson real estate, Huarun land, Cheung Kong Industrial and new world development has increased by more than 2%.

Chinese financial stocks rebounded with the big market. Construction Bank, industrial and commercial bank, Bank of communications, China Ping An and China Life rose by 0.92%-0.17%.

China Telecom shares fell against the market, China Mobile fell 0.97% and China Unicom fell 0.52%.

Heavyweight HSBC Holdings rose 0.57%.

The global study released the quarterly report on Asian stock, which means that the growth of Asian enterprises' earnings supports the stock price, but the increase of interest rates in the western economies will increase the volatility in the region.

Recent developments in Hongkong have added uncertainty to the profit outlook, but it is difficult to assess the real impact at this stage.

As for the implementation of Shanghai Hong Kong Tong, it will have a positive impact on Hong Kong stocks.

The fund is reducing Hong Kong stocks. At present, Hong Kong stocks are reasonable in valuation, and the forecast price earnings ratio in the next 12 months is 14.7 times, which is similar to the historical average.

Huang Wenjie, senior analyst at Gao Fu financial research department, said that Hong Kong stocks fell sharply in recent days, and technical rebound is normal. In the short term, the 23000 point is support.

The situation in Hongkong will have a psychological impact on investors, but in the big report, there is no great concern about the situation.

Investors' concerns about the situation are mainly focused on whether the central government has changed the governance policy of Hongkong.

At present, Hong Kong stocks are relatively cheap compared with the foreign stock market, so the latter market should not be too light.

Although gambling stocks are rebounding, they will not be optimistic in the long term, as the market starts to avoid the Beta share, and the gambling stocks are in a down cycle, and they will not perform well in the future.