Foreign media reported that China invited US representatives to negotiate trade issues with Beijing, and the US side or delayed tariffs that were scheduled to take effect on Chinese goods on December 15
After the two consecutive losses, the HSI rebounded on Friday, but the transaction continued to weaken. After the HSI opened more than 100 points, it once rose 223 points, and the high reached 26690 points. After that, the increase gradually narrowed, and it only rose by 20 points. The Hang Seng Index re-emerged in the afternoon and closed at 26,595 points, hitting 128 points (0.5%). The H-Share Index rose 55 points (0.5%) to close at 10,506 points. Main board transactions have shrunk significantly to 67.2 billion yuan, and the performance of new economic stocks has been eye-catching [table].
As of 1:45 am on Saturday, the Hang Seng Index closed at 26,581 points, down 42 points and 14 points below the water level. The ADR Hong Kong stock market index was 26,561 points, 34 points lower than the Hong Kong market.
The US Mission broke through 100 yuan and closed up 7%
Tencent (00700), AIA (01299) and CCB (00939) contributed a total of 72 points to the Hang Seng Index on Friday. The overall increase in the number of shares was more than the decline in shares, and the proportion of shares increased was only 47.2%. In addition, the short-selling ratio of the main board to the market was 16.1%, which has been at 16% or above for three consecutive days.
The performance was better than expected. The US group (03690), which was sung by the big bank, closed at 6.7%, and once became a “red stock”
The stock recorded nearly 7.5 billion yuan in transactions, the most active shares on Friday, accounting for 11% of the overall market turnover. Many Chinese-funded new economic stocks also rose, Zhongan Online (06060) soared 10.5%, and Tongcheng Yilong (00780) rose more than half. The oil price turned stronger and stimulated the oil service stocks. Sinopec Refinery (02386), China National Offshore Oil Service (02883) and Anton Oil Service (03337) all rose nearly 3%.
For the whole week, the Hang Seng Index rose 268 points (1%), while the H-Share Index rose 81 points (0.8%), but the average daily turnover for the whole week was only 71.1 billion yuan. Looking forward to next week, Huang Zhiyang, director of Anshan Capital Asset Management Department, expects the Hang Seng Index to remain at around 26,600 points, waiting for news. If the US refuses to negotiate in China, the HSI will have the opportunity to test 26,000. On the contrary, if the US side is willing to send personnel to China, the most optimistic Hang Seng Index is 27200 points.
A-shares fell for three consecutive days, the Shanghai Composite Index lost 2,900 points, fell 18 points (0.6%) on Friday, closing at 2,885 points; Shenzhen Composite Index fell 147 points (1.5%) to close at 9626 points. In summary, the Shanghai Composite Index and Shenzhen Component Index fell slightly by 6 points (0.2%) and 21 points (0.2%) respectively, both of which fell for two weeks. Foreign capital through the Shanghai and Shenzhen stock exchanges net purchase of 5.75 billion A shares, for 14 consecutive weeks to absorb A shares; Beishui all through the “Hong Kong stocks” net purchase of 11.67 billion Hong Kong stocks, the largest weekly net inflow since the end of August.