24/9/2018-5

Searching for slaves: Hong Kong has to raise interest rates to avoid

The US Federal Reserve’s interest rate decision will have results in the early hours of Thursday, and in fact, the market is fully prepared for the US to raise interest rates by 0.25 per cent. What everyone is more concerned about now is their post-meeting statement, thus capturing their attitude towards monetary policy.

An adjective that will affect the trading of many professional asset managers is “Accommodative.” In the past few days, the Fed’s Open Market Committee used this term to appease the market. Even if she tightened, it would be gradual.

If the statement deletes the word, the market will interpret the inflation that the Fed may cause in order to pre-empt the tight labor market, and will raise interest rates more aggressively.

Locally, the market also expects Hong Kong to follow the rate hike, but this is only after Hong Kong has continued to raise interest rates several times before Hong Kong began to follow. Obviously, the psychological preparations for Hong Kong stock market investors to raise interest rates are far more than many of the early days of the property market. Of course, some second-generation parents rely on low percentages or even no mortgages on board, so they may not be affected by interest rate hikes.

However, I know that there are more people who can get on the bus. The retired parents put the self-occupied property that has been supplied or left at a low rate and put it in the first phase to help the children. This kind of method of getting on the bus called “mortgage parents” is the most worried about me! Coupled with the recent listing of developers to push a new disk, offering 10% mortgage discount, scared my heart to the ultimate bubble.

However, after understanding with friends in the real estate industry, this is not a true 10% mortgage, and it is actually closer to the Bridging Loan.

HSI has a resistance of 28,000

The Hang Seng Index rebounded sharply in the early part of Wednesday. The highest score was 28,031 points (up 532 points). It seems that investors have a certain immunity to Sino-US trade frictions in addition to their full expectations for interest rate hikes. However, as far as the bottom is concerned, it is necessary to try at least twice. The rebound is also similar to the short-term top. Therefore, the Hang Seng Index has a very high level of resistance at 28,000. See the increase in the market on Wednesday to 317 points. You can know one or two.

Finally, due to the transformation of the new working environment, this is the last issue of the search for slaves; thank the readers for their support for many years, and will have a chance!