Hong Kong stocks rushed for 4,000 points in four days

Concerns about the tension between China and the United States caused by the Huawei incident, and the mainland economic data fell short of expectations, the Hang Seng Index opened 268 points lower yesterday, fell below 50 antennas, and then fell 492 points at most, but then fell Narrow, closing at 25,752 points, down 311 points, the transaction was down by 28% compared to the previous trading day, to only 70.5 billion yuan. The Hang Seng Index fell for four days and raged 1508 or 5.5%.

Blue chips were significantly under pressure, Tencent (700) fell 0.8%; AIA (1299) fell 1.8%; CCB (939) fell 1.5%; Ping An (2318) fell 1.2%, China Resources Land (1109) fell 3.9%, the most performance Poor blue chips; but HSBC (005) edged up 0.1%; Haoyu (2382) last month, mobile phone lens shipments increased, up 3%, the best performing blue chip.

Chief Executive Lin Zheng said that he did not intend to “slow the property” for the property market. Real estate stocks were under pressure. Hang Lung Properties (101) fell 3%, and New World (017) and Cheung Kong (1113) fell 2%. “Hong Kong Stock Connect” has reached a consensus on the sale of shares of different stocks (W shares), but the news failed to stimulate W shares to rise. Xiaomi (1810) fell below 50DMA (13.49 yuan) and fell 2.6% all day; US Mission (3690) It fell by 3.6%, and the Hong Kong Stock Exchange (388) also fell 1.5%.

Inner silver is favored by Beishui

The turnover of Hong Kong stocks was about 7 billion yuan, a decrease of about 200 million yuan from the previous trading day, accounting for about 10% of the turnover of the main board; the net inflow of funds to the south was 900 million yuan. Industrial and Commercial Bank of China (1398) recorded a net inflow of 111 million yuan, the largest net inflow of daily stocks; China Merchants Bank (3968) recorded a net inflow of 74.47 million yuan. China Shenhua (1088) also recorded a net inflow of 61.7 million yuan.

Ctrip International strategist Su Peifeng believes that the market sentiment is affected by trade war factors and that the Huawei incident has further worsened Sino-US relations. The trend of the HSI has weakened and the bottom line has been reversed. The market should test again, to 25,000. Initial support is available nearby.