Shenzhen Hong Kong Tong "Opening" Point Of Time Is Approaching Again

It is understood that the Shenzhen Hong Kong through settlement interface began to measure in recent days, which means that the Shenzhen and Hong Kong technology ready to enter a more critical moment.

It can be seen that with the development of policy force and technology preparation, it is predicted that the time point for Shenzhen Hong Kong Tong is not far away, and the probability of launching this year is relatively high.

In addition, it is worth mentioning that the Hong Kong stock exchange quota has also been completed at the same time, which means that if Hong Kong stocks do not expand, it will imply that the volume of Hong Kong stocks will be exhausted in the near future.

Perhaps, in the face of such a situation, the expansion of Shenzhen Hong Kong Tong and Shanghai and Hong Kong's quota will not be eliminated in the near future.

Up to now, the market has relatively high expectations for Shenzhen Hong Kong Tong and Shanghai and Hong Kong through expansion.

Affected by this, the relevant beneficial varieties have also been shown in the recent market situation.

Then, after nearly two years, Shenzhen Hong Kong Tong "traffic" point of time is approaching, will it become a new stimulant in the A share market?

In fact, since the 14 Securities Regulatory Commission announced the decision to launch a pilot scheme for interconnection between Shanghai and Hong Kong stock markets in the first 4 months of this year, Shanghai and Hong Kong's entry into the sector has significantly increased speed, and it has been 7 months or so since its announcement.

But let's take a look back.

Before and after the opening of the market, Shanghai and Hong Kong through "opening to traffic" act indirectly played a role in helping to raise the stock market, but at that time, with the gradual activation of leveraged funds, Shanghai and Hong Kong through "opening to traffic" became the stimulants of the A share market at that time.

In fact, whether it is the opening up of Shenzhen Hong Kong Tong or the expansion of the volume of Shanghai and Hong Kong's expansion, it will, to a certain extent, play an active role in the market and give more or less support to the market. It is intended to achieve two-way capital flow in capital markets and ultimately achieve the goal of interconnection.

However, if Shenzhen Hong Kong Tong can finally become a stimulant for A shares, it may still need further observation at this stage, but it needs to be judged in the light of the current market environment.

Among them, Shanghai and Hong Kong through "opening up" to become a stimulant of the stock market at that time, depends on the gradual activation of the stock market leverage fund, and in the gradual active environment of leveraged funds, but accelerated the pace of the stock market.

However, the leverage of leverage has been much worse than before, and the off-site business has been basically cleaned up.

The growth rate is in a state of depression.

Moreover, in the context of the stock market's internal and external environment has not changed much, the large fluctuation of exchange rate can easily exacerbate the risk aversion of capital.

At the same time, in the early face also fell sharply.

The valuation advantage will be even more significant. Considering the factors such as exchange rate and valuation, the willingness to go south will be greater than that of going northward.

In addition, it should be noted that under the bull market, it is easy to generate magnifying profits and narrow the negative effect. At that time, the stock market was in the initial stage of bull market. During the period, the news of Shanghai and Hong Kong's "opening to traffic" was undoubtedly hyped up by the market, and the characteristics of bullish enlargement and favorable performance were also very good.

However, compared with the bear market, it is a process of magnifying profits and reducing profits.

At the same time, after the impact of the previous stock market turmoil, the psychological shadow of the market still exists, and the restoration of market confidence still needs a process.

"There are many private capital and few investment channels". This is a true portrayal of the domestic market.

However, before the stock market can not form a continuous money making effect, a lot of off site funds are not easy to enter the A share market.

Perhaps, for the launch of Shenzhen Hong Kong Tong, its long-term strategic significance is still greater than the actual impact.

As a result, whether the market can form a continuous money making effect will directly affect the stimulating effect of Shenzhen Hong Kong Tong on the stock market.

In another step, if the stock market's money making effect is still not activated in the context of Shenzhen Hong Kong pass, then the impact of Shenzhen Hong Kong Tong on the market will tend to weaken, and the impact of its landing on the market will be relatively limited.