The Central Bank'S Double Bailout Helps The Mainland'S Economic Development

Central heavy hand rescue Broker: Hong Kong stocks rebounded to stimulate fear Limited

After two weeks of A share of 20% shares, the people's Bank of China finally launched a campaign to protect cattle, and cut interest rates and reduce deposit rates.

The investment community believes that the "double down" material will help the big city rebound.

The stimulus effect has been reduced, and China's economic downside risks have been depressed.

When the Hang Seng Index reached its lowest level in more than two months last week, the total blue chip stocks in the United States dropped 145 points, but ADR did not reflect the double drop in the weekend. It is expected that the Hang Seng index will open up today, with a preliminary look at 27100 points.

"A shares fell sharply in the past two weeks.

I believe it is to stabilize market confidence, but the interest rate reduction will reflect the good and timely demand of the economy, so the Hong Kong stock will rebound, but the possibility of a big rise is unlikely.

Standard Chartered: stable market confidence was dull in July.

Liang Zhenhui, director of investment strategy at Standard Chartered Hongkong and greater China, said that even if there were no double falls, Hong Kong stocks may also face a technical rebound this week, but the need for continued economic data is supported by economic data.

He pointed out that the Hang Seng "five is not poor, six will not stop", it is difficult to "turn around" in July, and some investors will wait for the August performance period. Unless there is some special good news, Hong Kong stocks will have a very tight opportunity in July.

Referring to the trend of Hong Kong stocks after the mainland's interest rate cuts in the past 3 times, the reduction of interest rates on the Hang Seng Index and the national index is quite short-lived.

Taking interest rate cuts in May 10th as an example, the Hang Seng Index and the national index increased by only 0.5% and 1% in the following day. After 1 weeks, the index has fallen and 1 months later both sides fell more than 3%, reflecting the sharp decline in the positive effect of the interest rate cut on the stock market.

Zhao Yin: the problem of Greek debt has not been solved and the increase has been raised.

Since the central government recently banned the OTC capital allocation, A shares have fallen sharply, and then the people's Bank of China cut their interest rates at the weekend. The analysis shows that the market liquidity is tight after the off-site allocation is banned.

Some European fund managers believe that

After the crash, the market sentiment has been very fragile, and the role of the government has been turned from passive to passive. At the moment, the reduction of interest rates will only be regarded as a "market support". However, the mainland economy is not improving, and the profits of enterprises are not strong enough, so it is very difficult for Hong Kong stocks to turn over.

Su Peifeng, an international strategist at recruitment bank, pointed out that the market had thought that the rate of deposit and loan would be abolished, and that the line would not be launched. So the weekend double drop was a bit of a surprise. However, "directional drop is somewhat conservative, and the bank can drop 50 points across the board and then reduce 50 more points."

He said, "the valuation of Hong Kong stocks is very flat, and we believe we can win the A shares, but the Greek problem is not resolved, which will have a negative impact on Hong Kong stocks. Although the impact should not be great, it will limit the strength of Hong Kong stocks' rebound."

Jiayin: the current trend of settlement is volatile.

The Hong Kong stock market has held a futures settlement today. Su Guojian, managing director and co head of the research department of Jiayin international, said that Hong Kong stocks generally fluctuated sharply on the futures clearing day. Even if the market sentiment is improving, it is difficult to upgrade the Hang Seng Index.

Despite the help or limitation of the double drop in the stock market, Ceng Junhua, the financial secretary, believes that the sustainability of the US recovery is not strong and the situation in Europe is complicated.