Commentary

Selective Recovery in Technology And Communications Amid the A-Share Downtrend

CSI 300 Falls 0.06% A-shares are currently in a downtrend. Although some indexes posted modest rebounds this week, the market-status definition indicates that investors should remain defensive and focus on risk control. The SSE Index(000001) rose 0.61% this week, the Shenzhen Index(399001) gained 1.26%, the ChiNext(399006) advanced 1.52%, while the

Hong Kong Stocks Under Pressure After Fed Rate Hike, While Hang Seng Tech Outperforms

Hang Seng Index Falls 0.22% The Hong Kong stock market traded within a narrow range this week, with the two major indexes diverging. The Hang Seng Index(HSI) fell 0.22% for the week, while the Hang Seng TECH Index(HSTECH) rose 1.97%. On the macro front, external risks were intertwined with positive

Hong Kong Equities Slumped Under the Dual Pressure Of Rate Hikes And Geopolitics; Southbound Funds Increased Positions Against the Trend

HSI fell 3.3% Hong Kong equities remained under pressure this week, with both major indices posting sizable declines. The Hang Seng Index(HSI) fell 3.3% for the week, declining for four consecutive sessions from above 25,400 to below 25,000. The Hang Seng TECH Index(HSTECH)dropped 5.45% and is now only 2.14% above

A-Share Rebound Still Awaits Confirmation; Focus on Strong Telecom And Electronics Supply Chains

CSI 300 Falls 0.83% A-shares remain in a rebound attempt, but the major indexes continued to retreat this week, indicating that a confirmed market reversal signal is still pending. The SSE Index(000001) fell 1.07% for the week, slipping back below its 5-day, 10-day, 20-day, 50-day, and 200-day moving averages, and

A-Shares in Attempted Rally; Gaming And Film Lead Gains

CSI 300 Falls 1.33% The A-share market remains in an attempted rally phase, but major indices weakened again this week, indicating the rally foundation remains fragile. The SSE Index(000001) fell 0.56% for the week, still slightly above the 50-day moving average but dropping below the 5-day, 10-day, and 20-day moving

Hong Kong Equities Diverged in Range-Bound Trading; Ai And Dividend Themes Stood Out

HSI up 0.26% Hong Kong equities traded in a narrow range this week, with the two major indices diverging. The Hang Seng Index(HSI) rose 0.26% for the week, while the Hang Seng TECH Index(HSTECH) fell 0.77%. The HSI ended modestly higher, supported by favorable domestic policy and continued Southbound inflows,