Two days of turnover of 300 billion night market broke through 32000 champion analyst Zhang Yi Dong:
Hong Kong stocks surging into the sky, Hong Kong stocks hit a record high of 31,900 yesterday, reaching a record high in history and accumulating 320 billion yuan in two days. The investment community pointed out that the major upswings have not yet come. The “best cow” can be almost equal to 34500 points.
US stocks hit a new high, rising over 200 points in early trading and traded for more than 26,000 points for the first time in history. The night had risen 107 points, high see 32015 points. Blue chips also posted 188 points higher on ADRs. As of midnight this morning, HSBC (00005) performed the best with HK $ 1.2 higher than the closing price in Hong Kong.
Market optimism is hot, with the US, Japan and Asia-Pacific stock markets tying off the tide. Hong Kong stocks have risen above the target price of Hang Seng Index of 31,500 points given by Credit Suisse and Morgan Stanley in just two weeks. According to the major Hong Kong and mainland securities firms, the most optimistic about the CCBI, expected in the first half hit 34,500 points, the equivalent of 8.2% potential increase.
Among them, the domestic banking stocks are widely favored by the securities business circles and can take the lead as the market leader. Following the Deutsche Bank, Citigroup and CICC JP Morgan Chase also reiterated the silver stocks overweight rating, I believe there is room for further valuation of the industry revaluation. High growth of new economy stocks continue to invest in the heart of water, with Tencent (00700) as an example, 98% of brokers to its holdings or outperform.
Brokerage new bank shares within the silver continued as the locomotive
A champion analyst, Societe Generale Securities chief strategist Zhang Yidong wrote a report that Hong Kong stocks as a global depression, regardless of high interest rates or growth stocks, can benefit from the new year Chinese and foreign funds to re-layout, Hong Kong stocks this year can be maintained Continuation of “core assets-driven slow cow, long cow” market.
Mr Cheung also believed that the performance period to be launched by the end of this quarter will provide momentum for the Hong Kong stock market. In order to break through the record high, it reiterated that the stock market will enter the major uptrend of the “bull runaway” in the second half of the year.
Frank Chow Templeton vice president of multi-asset program team Zhou Wenhui means that Hong Kong stocks rose significantly last year, even with the high number of units to adjust the range is reasonable, the long-term is still optimistic about the rally or from major blue-chip proliferation to other sectors, more optimistic about the Hong Kong-Hong Kong interest rate hike expectations of financial stocks, the slow-growing public shares are more cautious.
Hong Kong stocks closed at the highest level of 31904 points yesterday, down 53 points from the all-time high and up 565 points throughout the day. The overall turnover was 164.6 billion yuan, extending the record of one hundred billion transactions this year.