The two major stock indexes of Hong Kong stocks both plunged in late trading, the Hang Seng Index turned green, and the Hang Seng Technology Index fell more than 1%. Chinese brokerage stocks that strengthened yesterday fell sharply. At the close, China Merchants Securities fell more than 10%, CITIC Securities, Shenwan Hongyuan Hong Kong and Everbright Securities fell about 6%, and CICC fell about 5%.According to the agency, with the increasing importance of expanding domestic demand in economic work in 2025, this conference is expected to become an important catalyst for changing the growth theme style to consumption (medicine, catering and tourism, agriculture and animal husbandry, automobiles and household appliances) and real estate chain (home improvement, home furnishing, household appliances and automobiles).Founder Securities pointed out that since the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting in September, various localities have implemented a package of incremental policies, and with the recent introduction of a series of favorable policies, the momentum of economic development has been improving. At present, the PE-TTM of Shenwan food and beverage sector is 21.13 times, and the valuation quantile in the last three years is only 12.9%, and the valuation quantile in the last five years is 7.8%. The policy catalysis drives the sentiment of the sector to improve, and we are optimistic about the layout opportunities at the bottom of the sector, focusing on the pro-cyclical segmentation sectors such as catering supply chain and head liquor.
In addition, FTSE China A50 index futures dropped sharply, closing down more than 3.5%.Boosted by good news, A shares opened sharply higher today, but the increase in the afternoon narrowed significantly; Hong Kong stocks also showed a trend of high opening and low going, and the Hang Seng Technology Index fell more than 1% in late trading. In addition, the FTSE China A50 index futures also dropped sharply.
A50, Hong Kong stocks mutation! A-share heavy volume, large consumption, collective pull-up and active AI application conceptConsumer sectors such as food and beverage, catering, brewing, retail, and home appliances collectively soared in intraday trading.Specifically, the stock indexes of the two cities opened sharply higher across the board. The Shanghai Composite Index hit 3,500 points in early trading, while the Growth Enterprise Market Index rose nearly 5% in intraday trading, and the gains gradually narrowed in the afternoon. At the close, the Shanghai Composite Index rose 0.59% to 3,422.66 points, the Shenzhen Component Index rose 0.75% to 10,812.58 points, the Growth Enterprise Market Index rose 0.69% to 2,264.05 points, and the Beizheng 50 Index rose 2.35%. The total turnover of Shanghai, Shenzhen and North China was 2,228.2 billion yuan, an increase of 566.7 billion yuan compared with yesterday.
Strategy guide 12-13
Strategy guide 12-13