Hong Kong stocks have adjusted sharply!
This holiday is really not peaceful!
Especially on the side of Hong Kong stocks, there has been a sharp fluctuation in the market, among them, the Hang Seng Technology Index once fell by more than 7%, and many real estate stocks fell hard, what happened?
Let's move on!
On October 2, Hong Kong stocks broke out again, and the Hang Seng and Hang Seng Technology Indices both rose sharply, among them, big finance, real estate stocks, and pharmaceutical stocks became the pioneers of the rebound, and many stocks rose by more than 100% in a single day!
It has been in the market for so many years, and it is still relatively rare to see such a crazy market recently!
What is shocking is that when the market expected that Hong Kong stocks could still soar on October 3, Hong Kong stocks made a 180-degree turn!
Among them, the Hang Seng Index opened low in early trading, falling as much as 4% intraday, while the Hang Seng Technology Index adjusted even more, falling more than 7% intraday, basically erasing most of yesterday's gains!
Among them, real estate, medicine and other directions fell hard, among them, Shimao Group, Sunac China fell by more than 15%, while Oriental Selection and Ali Health fell by more than 10%!
As for the reason for the sharp adjustment of Hong Kong stocks, it is also very simple, mainly because the short-term increase is relatively large, which has led to a sharp flight of profits!
Statistics show that in the past 15 trading days, the Hang Seng Index has risen by as much as 28.3%, and the Hang Seng Technology Index has risen by more than 40%, which is a huge increase!
But in the end, the resilience of Hong Kong stocks was relatively strong, and a V-shaped rebound market was staged!
The Hang Seng Index narrowed its decline to 1.47%, and the Hang Seng Tech Index narrowed its decline to 3.46%, which once staged a sharp rise, mainly relying on banks!
Some market participants believe that the sharp rise in Hong Kong stocks in the short term is mainly affected by A-shares, and the follow-up trend of Hong Kong stocks is estimated to depend on the popularity of A-shares and the trend of the US dollar!
After all, the recent rise in Hong Kong stocks is very huge, and it is difficult to avoid sharp shocks in the short term!
Do you think Hong Kong stocks will continue to rise in the future?
Feel free to leave a message in the comment area below!
On the A-share side, can A-shares continue to soar after the holiday? Can you still hit 3500 points? Let's talk!
Let's start with the conclusion, judging from the current trading volume and market sentiment, there is no problem for A-shares to continue to rise after the holiday, but if you want to rise like the short force before the holiday, it is estimated that it will be more difficult!
Personally, I think that after a sharp rise, the post-holiday A shares are likely to be in a position to shock the upward pattern, and in the short term, it is not excluded that the first shock washes out some of the profit chips, and precipitates the next round of upward chips!
As long as the trading volume can be maintained at the trillion level, it is not difficult to estimate 3500 points!
After all, Monday's energy level has gone to 2.59 trillion!
There is a lot of popularity, so the possibility of continuing to attack after the holiday is still relatively large!
In any case, the short-term A-share market has come out of the reversal market, even if it can be said to be a bull market, but the next one is at least much better than any time period in previous years!
Finally, do you think A-shares will continue to explode after the holiday?