The US interest rate and the Sino-U.S. Trade dead line are imminent
The Hong Kong stock market has a strong wait-and-see atmosphere. The Hang Seng Index has fluctuated less than 200 points for two consecutive days. At the end of the near year, the whitewashing of the window has not been seen, but the operation of capital locking in profits has become apparent. This year’s strong domestic demand, food and pharmaceutical stocks have been under heavy selling pressure recently, such as Li Ning, which has soared 1.8 times this year (2331) It fell 6.3% yesterday and fell 8.8% in two days. In addition to Li Ning, Anta Sports (2020) also fell 4.3%, Shenzhou International (2313) fell 3.5%, the former two days fell 6.8%, but this year’s increase is still as high as 88.4%; the latter was the worst performing blue chip yesterday. In addition, some food stocks also saw scattered water. Dali Foods (3799) fell 2.1% yesterday after a big day of bombs. China Want Want (151) recorded a monthly gain, and it has fallen nearly 2% in the past two days. As for the adjustment of pharmaceutical stocks in recent days, CSPC (1093) has fallen 5.2% for two days and temporarily gave up for two consecutive months.
HSI drops 58 points, brokers expect to see 30,000 next year
The overall market closed again. The Hang Seng Index closed at 26,436 points, down 58 points or 0.2%. The daily high and low volatility was only 172 points. The state-owned enterprise stock index closed at 10,395 points, down 12 points or 0.1%. However, some securities firms are not too weak for next year. Everbright Sun Hung Kai next year sees the HSI’s target of 30,000 points, which represents a potential increase of 13.5%; the H-Share Index sees 12,000 points, which means an increase of 15.4%. It believes that consumption, 5G and property management growth are the third largest for Hong Kong stocks For large investment themes, it is advisable to adopt a decentralized deployment strategy to absorb US stocks and strategically invest in A stocks.
Zhao Wenli, managing director and chief strategist of CCB International Securities Research Department, said at a press conference yesterday that Hong Kong stocks will trend “lower and higher” next year. There will be an opportunity to take advantage of higher performance in March next year, with volatility ranging from 23,500 to 31,000 points. There are still investment opportunities in 5G, chips, blockchain and domestic demand.
Pumping in the inner room
When the fund locks in profits at the end of the year, there are also domestic houses that take advantage of the policy loosening. Beijing Capital Land (2868) announced the rights issue plan yesterday, for every 10 shares for 5 shares, the price of H shares per share is 1.87 yuan, the domestic share price is 1.68 yuan, a total of about 1.514 billion shares, of which about 510 million shares are H , Will raise a total of about 2.546 billion yuan (about 2.832 billion Hong Kong dollars). The H share offering price was a 32.5% discount from the closing price of 2.77 yuan on Monday. It was the first to see a low of 2.41 yuan yesterday, and it had fallen by 13%. In addition, market news indicates that Midea Real Estate (3990) intends to place 31 million shares at a placement price of 19.1 yuan to 19.3 yuan per share, raising up to nearly 600 million yuan. Midea closed yesterday at 20.5 yuan, up 1.5%, with a turnover of 25.48 million yuan. The placing price was a discount of 5.8% to 6.8% over yesterday’s closing price.
Mainland’s New Loans Beat Expectations Last Month
The People’s Bank of China announced that the new RMB loans in the Mainland in November were 1.39 trillion yuan (RMB, the same below) higher than market expectations of 1.2 trillion yuan, an increase of 138.7 billion yuan year-on-year, and an increase of 663.1 billion yuan from October. Soared 1x. Last month, RMB deposits increased by 1.31 trillion yuan, an increase of 357.1 billion yuan year-on-year. At the end of last month, the balance of broad money (M2) was 196.14 trillion yuan, an increase of 8.2% year-on-year. The stock of social financing scale reached 221.3 trillion yuan, up 10.7% year-on-year.