The bears began to fight back!
Stimulated by the increase in the central mother's policy, A-shares and Hong Kong stocks rose one after another, and finally got out of a decent mad bull market!
In just a few days, the market regained 3,300 points, and the trading volume once exceeded 2.59 trillion, a new high since A-shares!
After a week of continuous short squeezing, now the bears have finally begun to fight back!
First of all, Hong Kong stocks, after Wednesday's surge, Hong Kong stocks once came out of a sharp shock on Thursday, during which the Hang Seng Index stock price fell as much as 4%, and the Hang Seng Technology Index fell as much as 7%!
And the reason for the adjustment is also very simple, there are more short-term rises, and the profit-taking orders have fled, which gives the bears a chance!
However, the resilience of Hong Kong stocks is still relatively strong, driven by bank stocks, out of the V-shaped pull up market, as of the close, the Hang Seng Index narrowed the decline to 1%, and Hang Seng Technology fell more than 3%!
At the opening of the evening, the Chinese concept stock index also showed a significant adjustment!
Among them, the Chinese concept stock index fell by more than 3% intraday, the real estate stock Fang Duoduo fell by more than 15%, and Chinese concept stocks such as Bilibili, Weibo, and Baidu have been adjusted to varying degrees!
So the question is, the successive adjustments of Chinese concept stocks and Hong Kong stocks mean that this wave of market has risen to the end in the short term? It's time to adjust!
Let me say my own opinion, I personally think that this wave of market is far from the end, and the trading volume of 2.59 trillion means that there is further room for the short-term market!
But if you want to get out of the short market like the node, it will be more difficult!
It is not excluded that the market will be adjusted in the future, which is also a matter of course, after all, the profit chips are very rich!
But the adjustment does not mean that the rebound market is over, and the probability of the next shock rebound is relatively large, and the rebound target is at least 3500 points!
What do you think about the adjustment of Hong Kong stocks during the holiday?
Feel free to leave a message in the comment area below!
Weekend Highlights:
1. Peripheral market:
After the opening of the U.S. stock market, the three major indexes collectively adjusted, of which the Dow Jones index fell nearly 1% intraday, and the Nasdaq and S&P 500 fell slightly!
From the perspective of U.S. stock constituents, Nvidia rose more than 4% intraday, Tesla opened low and went low, fell more than 2% intraday, and Apple fell slightly by 1%!
In addition, both Japanese stocks and Korean stocks have been adjusted to varying degrees during the National Day, and on the whole, Hong Kong stocks are outstanding!
2. Hong Kong bank stocks rose sharply;
At a time when Hong Kong stocks such as big finance and bank stocks were adjusted, bank stocks once again carried the banner and pulled the Hang Seng Index and Hang Seng Technology Index back!
Do you think A-share bank stocks will continue to soar next week?
Feel free to leave a message in the comment area below!
3. BYD has been greatly increased by foreign capital
Recently, Hong Kong stocks have been like a rainbow, and foreign capital has also begun to run into the market!
On the news side, a number of Hong Kong stock companies announced: JPMorgan Chase increased its holdings of BYD, Tsingtao Brewery, China Pacific Insurance, etc. by more than 4.1 billion Hong Kong dollars in one day;
Among them, BYD shares received 6.52 million Hong Kong shares from foreign capital, with an increase of 1.79 billion yuan!