Near the Christmas holiday, the investment sentiment turned quiet
The total turnover of Hong Kong stocks fell by 16% to 79.4 billion yuan on a daily basis, while the Hang Seng Index continued to be subject to the 28,000-point mark, closing at 27,800 points, down 83 points. Although Tencent (00700) retreated, Alibaba (09988) ‘s share price reached a new high of the market, at 204.8 yuan, up 1.09%.
PBC continues to release water, A shares stabilize
After the People ’s Bank of China carried out a reverse repurchase operation of RMB 200 billion on Wednesday, it carried out a reverse repurchase operation of RMB 280 billion on Thursday. As no related operation expired on the same day, the net investment amount in a single day was the largest in 11 months.
Beneficiaries continued to provide liquidity, and the Shanghai and Shenzhen stock markets stabilized on Thursday. The Shanghai Composite Index closed almost flat at 3,017 points; the Shenzhen Component Index rose slightly by 0.02% to close at 10,296 points; the Shenzhen GEM Index rose slightly by 0.11% to close at 1,790 points. The turnover of the main boards of the two cities was 578.3 billion yuan, while the Shanghai-Shenzhen Stock Connect bought a total of 3.536 billion yuan.
However, Hong Kong stocks have not benefited. The Hang Seng Index opened slightly higher by 24 points, but it was already the highest level of the day. After that, profit-making selling emerged, and once fell 208 points to 27,675 points. The HSCEI trend was similar, closing 38 points lower at 10,985 points. Short selling ratio was 12.14%.
China Mobile’s seven consecutive rises, up more than 4%
Hong Kong Stock Connect (Shanghai) net bought 1.748 billion yuan on Thursday, while Hong Kong Stock Connect (Shenzhen) net sold more than 100 million yuan.
In addition, the large user Li Tuo China Mobile (00941) stimulated its stock price to do a good job for seven consecutive trading days with the deployment of the year-end settlement. It rose 0.56% yesterday to close at 62.45 yuan, and it rose over 4% during the period.
Shen Qinghong, director of investment management of Tengqi Fund Management, said that after the first-phase trade agreement between China and the United States, Hong Kong stocks have strengthened recently. As there is no particularly weak news, I believe that large investors or through China Mobile’s share price will allow the HSI to “close” at 28,000 points. It is expected that the HSI will repeat at 27,500 to 28,000 points in the short term, which is more optimistic or 28,300 points.
Guo Jiayao, vice president of Zhengrong Financial Business Department, said that Hong Kong stocks have accumulated a certain amount of gain recently, and the HSI is inevitably subject to consolidation pressure as it approaches the 28,000 level. I believe it will continue to consolidate at the 27,400 to 28,000 level in the short term.
In addition, Hong Kong stocks’ American Depositary Receipts (ADR) developed individually in the early part of Thursday. Tencent reported 377.65 yuan, 2.05 yuan higher than Hong Kong. Hong Kong Stock Exchange (00388) reported 257.25 yuan, 2.25 yuan higher, which is equivalent to the Hang Seng Index rising 70 points. .