Hong Kong stocks fell for four consecutive years Huang Guoying: should first bear hands

Hong Kong stocks fell for four days, the Hang Seng Index opened 148 points to 30112 points yesterday, once inserted 280 points to 29,682 points, only to stabilize in the afternoon, and finally fell 157 points, closing at 29,805 points. The market sentiment was slightly reduced, and the turnover of the main board was 98.52 billion yuan. Huang Guoying, director of the financial assets management, believes that the stock market adjustment wave is not over, it is better to wait for the HSI to see the level of 29,500 points, depending on the situation to decide whether to take the goods.

Geely (175) executive director and vice chairman Yang Jian disclosed that on the 17th of this month, he reduced his holdings of 8.475 million shares, the average price per share was about 16.72, involving 142 million yuan. Geely fell 5% to 16.88 yuan yesterday. The worst performing blue chip. Domestic demand and oil stocks also performed poorly. Hengan (1044) was inserted 2.1% to 70.6 yuan, Wanzhou (288) fell 1.8% to 9.43 yuan, and CNOOC (883) and Sinopec (386) fell 1.6% and 1.3% respectively.

Many domestic and local property stocks performed well against the market. China Overseas Land & Investment (688) 飙 2.7% to 29 yuan, Rundi (1109) rose 2.4% to 34.35 yuan, and Wharf Real Estate (1997) rose 2.3% to 59.7 yuan. Hang Lung Properties (101) rose 1.9%, Country Garden (2007) and SHKP (016) both rose about 0.3%, but the weight of these six stocks was low, offsetting only 25 points for the HSI.

According to Huang Guoying’s analysis, due to the good signal from the mainland’s recent economic data, and the central government’s frequent reminder that “no flooding”, the market expects that there will be no more stimulus measures in a short period of time, so the mood of the goods is slowly revised. Huang continued to pay attention to Xinyi Solar (968) in the near future. As the price of solar products gradually returns to a reasonable level, the industry is expected to improve its structure and enter a profit cycle. The Hong Kong stock market is unclear and tends to make plans when the HSI sees the 29,500 level.