AIA led a record high, Hong Kong stocks forced another 30,000

On the first trading day of “Five Poor Months”, Hong Kong stocks were not plagued by spells and forced the 30,000 mark. Among them, AIA (1299), which benefited from further opening up of the insurance market in the Mainland, pushed the HSI to rise above 121 points, accounting for nearly half of the increase. However, when the big city started its opening in May, the transaction did not match, and it hit a low level in the past three months.

The Hang Seng Index opened lower yesterday and closed upwards, closing at 29,944 points, up 245 points or 0.83%; H was at 11556 points, up 14 points or 0.13%; turnover was 71.4 billion yuan. Tencent (700) rose 0.9% to 391.4 yuan; HSBC (005) rose 0.8% to 68.25 yuan, a three-month high. Another blue-chip leader (823), the intraday high and closing price also broke, the highest seen at 95.1 yuan, closing at 95 yuan, an increase of 3.8%.

Benefit from the mainland open insurance market

Mainland China has become the fastest growing market for AIA in recent years. With the opening of the Bank of China Insurance Supervisor, the “horsepower” engine of this business growth has increased, and the stock price has risen. AIA’s intraday price has seen 83.7 yuan, a record high; the closing price of 83.25 yuan, also hit a three-year high, an increase of 4.1%. BOC Insurance said on Wednesday that it plans to introduce 12 new measures for opening up the banking industry and the insurance industry, including canceling the restrictions on the proportion of Chinese banks holding foreign-funded banks and allowing foreign banks to operate RMB business when they open.

AIA grabbed the market focus yesterday. China Unicom’s investment strategy co-director, Zhai Zikai, expects its share price to remain strong in the next few trading days. Under the situation of increasing foreign investment and expanding investment, “the first obvious benefit is the channel.” “.” However, he said that there is still a long time for AIA to develop to the size of Ping An (2318). “Now, I will rush in and hope to catch 100 mosquitoes.”

Based on the unexpected sales of automobiles and the increasingly fierce price reduction measures, the company has downgraded China’s auto stocks to “synchronized with the big market”. Auto stocks were affected by “Modi”, BAIC (1958) fell 4.4%; Changqi (2333) fell 2.2%.