Recently, affected by multiple positive news of China's policies, A-share Hong Kong stocks have stepped out of the independent market. On Friday, stimulated by the "interest rate cut", A-Shares and Hong Kong shares ushered in a collective surge. On the same day, the stock index rose 1.6% and successfully recovered 3100 points; Shenzhen Composite Index rose 1.82%; The gem index rose 1.69%. Northbound capital ran in and bought more than 14 billion yuan in the whole day.
Hong Kong stocks also saw a strong rebound on Friday. As of the close, the Hang Seng Index rose nearly 600 points, and the Hong Kong Hang Seng technology index rose 4.74%.
A-Shares opened higher and the Shanghai index returned to 3100
After four months, LPR was finally lowered again. On May 20, the LPR quotation in May, which attracted much attention, fell to the ground, remained unchanged in the one-year period, and was reduced to 4.45% in the five-year period. The reduction rate of 15 basis points exceeded market expectations. Boosted by favorable conditions, Shanghai and Shenzhen stock markets opened higher and went higher, then rushed higher and fell back, and rose again after shock and recovery, continuing the strong pattern throughout the day.
As of the close of Shanghai and Shenzhen stock markets all day, the Shanghai index rose 1.6% to 314657 points; The Shenzhen Component Index rose 1.82% to 1145453 points; The gem index rose 1.69% to 241735. Overall, individual stocks rose more and fell less. More than 3400 stocks rose in the two cities, and more than 90 stocks rose by the limit or more than 10%. The turnover of Shanghai and Shenzhen stock markets on Friday was 920.7 billion yuan, 114 billion yuan higher than that of the previous trading day. Looking back this week, the cumulative weekly growth of the three major stock indexes exceeded 2%, the cumulative weekly growth of the Shanghai index reached 2.02%, the cumulative weekly growth of the Shenzhen Component Index was 2.64%, and the cumulative weekly growth of the gem index was 2.51%.
From the disk perspective, the general rising market reappeared, coal, wine making, nonferrous metals, logistics, food and beverage and other sectors rose sharply, and tourism, home appliances, securities companies, steel, insurance, petroleum, semiconductors, automobile and other sectors strengthened. Among them, the coal industry rose by 4.519%, and beauty care and food and beverage rose by more than 3%. It is worth noting that there was a significant net inflow from the north, with a full day net purchase of more than 14 billion yuan, and a single day net purchase hit a six-month high.
Hong Kong stock sentiment reversed, and the Hang Seng Index rose nearly 600 points
On Friday, Hong Kong stocks also saw a sharp rise. The Hang Seng Index rose 2.96%, up nearly 600 points to 2071724; The Hang Seng technology index rose 4.74%, up 193.70 points and stood firm at 4200 points. Jingdong rose 6%, Alibaba rose nearly 6%, Xiaomi rose more than 5%, meituan rose more than 4%, and Tencent rose more than 3%.
The main indexes of Hong Kong stocks closed down collectively on the 19th, and technology stocks led the decline. The huge contrast between the two trading days attracted market attention. Market analysts believe that, in addition to the positive effect of the central bank's "interest rate cut" and the strengthening of a shares, Hong Kong stocks also reported good news. Hang Seng Index company announced that it would announce the review results of Hang Seng Index Series in the first quarter of 2022 on May 20, and the changes of constituent stocks of Hang Seng Index series would take effect on June 13.
. Science and technology stocks rose across the board on Friday. Taking the constituent stocks of science and technology index as an example, Wanguo data-sw, Xiaopeng automobile-w, JD group-sw and alibaba-sw rose 9.64%, 6.99%, 5.91% and 5.64% respectively.
Also benefiting from the positive impact of the central bank's "interest rate cut", Chinese funded housing stocks opened sharply higher in the morning, but then the increase narrowed. As of the close, SOHO China rose 4.93%, Zhongjun Group Holdings rose 1.65% and China Resources Land rose 1.57%.
can the rebound of A-Shares and Hong Kong stocks continue
Recently, affected by multiple positive news of China's policies, A-share Hong Kong stocks have stepped out of the independent market. So, can the rebound of A-Shares and Hong Kong shares continue? How does the future run?
For the future market, Guotai Junan Securities Co.Ltd(601211) analysis shows that the five-year LPR interest rate has been reduced by 15bp for the first time. Affected by favorable factors, the market sentiment has been boosted, and the cycle and financial stocks have significantly increased. The recent continuous positive policies have hedged the weakness of previous financial data. The market expects that the underlying policies related to steady growth may continue to be launched.
Guosheng Securities pointed out that under the current low valuation and increasing policy weight in the market, the sentiment and confidence of A-share investors are gradually picking up, and the future market can continue to look at the high line. Future concerns: first, photovoltaic direction. Europe encourages the development of distributed photovoltaic power generation, and emphasizes that new buildings that meet the conditions should be equipped with roof photovoltaic equipment to improve the photovoltaic landscape. At the same time, many photovoltaic enterprises are expected to have their share prices repaired in large quantities after the initial downward exploration, which is expected to add fundamentals and increase capital resonance; 2、 The planting sector under the "food crisis" can be paid attention to.
Orient Securities Company Limited(600958) said that there were signs of improvement in two key factors for Hong Kong stocks. The first is China's regulatory policy, which may have been normalized now. The second is the US regulatory policy, which involves the coordination between China and the United States. Now the two sides have made tentative communication and some optimization measures. Zhonggai shares have fallen more before. Compared with the whole U.S. technology stocks, zhonggai shares may have greater periodic valuation repair opportunities.
