Recently, overseas Chinese concept stocks continued to be depressed. Within the day, the overall market was weak, and the performance of Hang Seng technology index was relatively weaker. At the end of the session, the index fell close to 2%, reaching a minimum of 5459 points, close to the year’s lowest point of 5456 set on December 21. As of press time, Alibaba SW (09988) fell 2.73% to HK $110.40; JD health (06618) fell 3.24% to HK $58.15; Mingyuanyun (00909) fell 3.46% to HK $16.72.
On the news side, the interface News reported that after Christmas, the number of newly confirmed cases of covid-19 in a single day in the world hit a record high, and 500000 in the United States. On Monday, 1.44 million new cases of covid-19 were confirmed worldwide, breaking the previous record. The seven day rolling average number of infections reported by ironing one-time fluctuations and irregular holidays is also at an all-time high. Monday’s figure was 841000, up 49% from when Omicron was first discovered in southern Africa a month ago.
Huaxi Securities Co.Ltd(002926) pointed out in the latest weekly report that in view of the changes in U.S. currency liquidity, the possibility of impact on the stock, bond and foreign exchange markets in Southeast Asia, Latin America and other overseas emerging markets will further increase in the future. However, Tianfeng Securities Co.Ltd(601162) stressed that we believe that under the normalization of Internet regulatory policies and cross-border regulation, market concerns will return to enterprise fundamentals. It is expected that with the steady growth of China’s economy and the stabilization of the marginal impact of regulatory policies, Chinese science and technology Internet enterprises are expected to gradually usher in a revaluation.
(Zhitong finance and Economics Network)
