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Foreign capital is highly optimistic! Hong Kong stock market turnover exceeds 400 billion, and the Shanghai Stock Exchange is so hot that it crashes!

2024-09-27

On September 27, the Hong Kong stock market turnover broke through 40 billion yuan, setting a record high.

 AH shares have been rising for three consecutive days!


You can read our views again ? "The Wind is Coming!!"

The recent seven-day rally in Hong Kong stocks is due to investors' positive expectations for interest rate cuts in the United States,

 and the Federal Reserve's interest rate cut of 50 basis points exceeded expectations, increasing market liquidity. 

The Hong Kong stock market benefits from the US interest rate cut, improving its liquidity and valuation.


The Hang Seng Index has fallen for four consecutive years, and its valuation is at a historical low, 

with a price-earnings ratio of about 9 times, lower than the ten-year average level.

The interest rate cut by the Federal Reserve may indirectly improve China's economic fundamentals, 

easing the pressure on the yuan exchange rate. It is expected that domestic monetary policy will be loose, which will help the economy to improve.


China's economy and consumption are at a low level, but they have improved, and the policy bottoming effect is evident.

 The better-than-expected semi-annual report of Hong Kong stocks, especially the performance of leading internet and technology companies, 

reflects the repair of the domestic economy. Currently, the Hong Kong stock market has low valuation, liquidity has improved, and there is a valuation repair market. 

The appreciation of the yuan against the US dollar has increased the attractiveness of Chinese assets to overseas funds.


Billionaire hedge fund founder David Tepper said on Thursday that after the interest rate cut by the Federal Reserve, he made a big bet on buying 

all China-related stocks, saying that he might double the investment limit for China-related stocks.


He also said that he estimates the Federal Reserve will cut interest rates two to three more times, and also said that the Federal Reserve's interest rate 

cut in the good economy makes him nervous. Although he doesn't like the US stock market, he won't short it.