Financial news
Written by: Huang Jie, Zhang Weilun, Hu Xueneng
2020-03-10 11:51
Last updated: 2020-03-10 11:51The global stock market experienced Black Monday yesterday. The three major U.S. stock indexes all plummeted 7%, and the Dow closed down 2013 points, another record closing point. "Hong Kong 01" today, on the 10th, pays close attention to the latest global capital market situation.
[11:50] Shanghai and Shenzhen stock markets closed at noon
The Shanghai Stock Exchange Index closed at 2961 points at noon, up 18 points or 0.6%. The Shenzhen Stock Exchange Index closed at 11,206 points at noon, up 98 points or 0.9%. The Shanghai and Shenzhen 300 Index closed at 4038 points, up 41 points or 1%. The index closed at 2110 points, up 17 points or 0.8%.
Hong Kong stocks expanded, with the latest report at 25,470 points, up 430 points; the H-Share Index at 10,196 points, up 211 points.
[10:56] US dollar rebounded against yen to regain 103
The US dollar index rebounded, with the latest report at 95.38, the US dollar against the yen at 103.16, an increase of 0.78%, the US dollar against the Swiss franc, an increase of 0.45%, the latest report at 0.9294, the Australian dollar against the US dollar, 0.43%, the latest at 0.6559, and the euro against the US dollar at 1.1406, It fell 0.38%, and the pound was last quoted at 1.3074 against the dollar, down 0.33%.
The yen fell against the Hong Kong dollar every 100 yen, with the latest reported at 7.5272.
Oil prices rebounded. Brent oil futures last reported at 36.43 US dollars, up 2.07 US dollars or 6%; New York oil futures last reported 32.71 US dollars, up 1.58 US dollars or 5.1%.
In terms of gold prices, New York futures gold last reported at US $ 1,668.8 per ounce, down US $ 6.9 or 0.4%; spot gold per ounce was last reported at US $ 1,669.35, down 0.66%.
[10:47] Asia-Pacific stocks generally fell, Japanese stocks fell 265 points
The Asia-Pacific stock market remains weak. The Nikkei index is last reported at 19433 points, down 265 points or 1.4%. The South Korean KOSPI index is last reported at 1944 points, down 10 points or 0.6%. The Taiwan weighted index is last reported at 10883 points, down 94 points or 0.86. %, The Australian stock market rose, up to 5902 points, up 80 points or 1.4%.
[10:39] Hong Kong stocks rebound and "short addiction" is now down
Hong Kong stocks rebounded from the “short addiction”. The HSI turned from rising to falling. It is now reported at 25020 points, down 19 points or 0.1%. The increase of more than 300 points in the early period completely offset. The national index rose 1 point to 9,985 points.
[10:30] Luo Jiacong pointed out that the falling market was artificial
Many global stock markets have fallen by nearly 20% from a high level, and they are only one step away from entering a bear market. Economist Luo Jiacong said today (10th) during a telephone interview with "Departure on a Sunny Day" in Taiwan that he observed a number of economic data in Europe and the United States and the situation of US President Donald Trump in controlling the stock market. He believes that Saudi Arabia intends to reduce sales to overseas markets. The crude oil price may be the trigger point of the stock market decline, but he estimates that it seems that Trump intends to use the new negative news to "make a lower market" to pave the way for elections.
He bluntly stated that Saudi Arabia is just "opening its mouth" and intends to reduce the price of crude oil sold to overseas markets. The Middle East is not as good as the United States in the financial market. In addition, US oil products account for about 30% to 40% of the global market. There is reason to believe that This stock market change is related to the United States.
He explained that after a previous US President Trump posted a post on a social networking site, it affected the Fed ’s interest rate discussions. "U.S. data is normal ... This is a rate hike phenomenon. It should not be a rate cut, but a rate increase. Affect the Fed's interest rate cuts. " He also said that observing economic data from Europe and the United States, and the impact of new crown pneumonia in the United States is not significant, and bluntly "the market response does not match the objective environment", there are reasons to believe that this is an "artificial fall": (Trump) To make the stock market rise steadily, from October last year to February this year, the stock market has risen sharply. If it continues to rise, the market will fall by the time of the election (U.S. election). " "I believe that changes in the stock market are not purely economic factors.
[10:24] Flying Crane "takes off" Zeng Shengcheng
The rebound in Hong Kong stocks has not been considered strong, but the performance of individual stocks has been overjoyed. China Feihe ﹙6186﹚ was included in the Hong Kong Stock Connect, and the funds have been sought after. The stock price has soared 10% this morning and is still up 7.4% at 12.52 yuan with a turnover of 237 million yuan.
[10:20] Standard Chartered down 2.6%
International banking stocks were weak. Standard Chartered (2888) had seen a low of 49.2 yuan, the latest reported 49.8 yuan, down 2.6%; HSBC (0005) fell 0.1%.
[10:10] Hong Kong stocks once saw 25387 points
Hong Kong stocks rebounded today after falling more than 1,100 points yesterday. They once saw a high of 25,387 points, an increase of 346 points, and then the gains narrowed. The Hang Seng Index last reported an increase of 84 points at 25,125 points; the H-Share Index last reported an increase of 40 points at 10024 points.
Hong Kong stocks rose today, having stabilized at 25200 points in the early stages. (Photo by Lu Yiming)
[09:47] Letters of Credit Zhang Zhiwei and Yi should enter the market in sections to call for 5G new economic stocks
Zhang Zhiwei, co-director of Xincheng Securities, said that Hong Kong stocks have not been affected by the sharp decline in the US stock market today. The 25,000 level of the HSI is now buy-out. 5G shares. And he is most fond of Alibaba (9988), because the online business is better under the epidemic situation, and the Hong Kong Stock Exchange may decide whether the stock can be included in the HSI constituents in May, if successful, passive funds will buy .
Zhang Zhiwei also pointed out that although the current stock price of HSBC has 8% interest rate, it must be psychologically prepared to hold it in the long term if it is purchased. Due to unstable factors such as optimistic business prospects and the selection of the CEO, short-term speculation is not optimistic.
[09:45] The price of gold fell to the level of 1670
Black Monday triggered a capital inflow into the gold market. The price of gold rose above $ 1,700 an ounce overnight, but this morning it fell to the level of 1,670 during the Asian trading session.
[09:38] Hong Kong stocks lead real estate stocks
Looking forward to further interest rate cuts in the U.S., local real estate stocks will rise. Leasing shares led the exhibition to increase by 4.95% to 77.45 yuan; Jiulong Real Estate Co., Ltd. rose 2.77% to 35.2 yuan in 1997; Cheung Kong Group increased by 1.13 to 1.98 %, Reported at 46.3 yuan; Xinzhi rose 1% to 9.8 yuan.
[09:20] Hong Kong stocks open 245 points higher
US stocks plunged more than 2,000 points. Asian-Pacific stock markets underwent the decline this morning, while Japanese stocks fell nearly 500 points. Hong Kong stocks opened 245 points higher this morning, with the latest report at 25285 points, and the H-Share Index opened 130 points higher, with the latest report at 10115 points.
International oil prices rebounded this morning, and three barrels of oil were performing stably. PetroChina ﹙0857﹚ flat opened at 2.72 yuan; CNOOC ﹙0883﹚ rose 3% to 9.05 yuan; Sinopec﹚ 0386﹚ rose 0.3% to 3.83 yuan.
HSBC (0005) 's share price is still down. The opening price fell 0.7% to 48.4 yuan. Link Show (0823) rose 5.7% to the latest price of 78 yuan. Tencent (0700) opened 1.2% higher and the latest price was 382 yuan.
[09:02] Cloth oil rose more than half
Oil prices have plummeted, triggering Black Monday. Brent Crude Oil finally gained in the Asian trading session and is now up 5.4% at $ 36.2 per barrel.
[08:57] Black period rose over 300 points
The latest black period for Hong Kong stocks rose about 345 points to 25,251 points; the Dow futures rose 366 points to 24,243 points.
The decline of the Nikkei 255 Index opened in the early stages of the market. ﹙Profile picture﹚
[08:51] Japanese stocks decline
The Nikkei 255 index fell further, with the latest drop of 749 points or 3.8% to 18949 points; the South Korean KOSPI index closed at 1951 points, down 0.15%.
[08:20] Nearly 3%
The Japanese and Korean stock markets fell in the early stages. After the Nikkei 255 index fell 1% at the beginning of the opening, the decline continued to expand, and it is now down 2.96% or 582 points to 19,050 points. The index closed down 5.07% yesterday (March 9).
Hong Kong stocks ADR drops 302 points
The oil war in Saudi Arabia dragged down global stock markets yesterday. The Dow closed at 23,851 points, down 2013 or 7.8%, the largest decline in calendar terms in points; the S & P 500 closed at 2746, down 225 points or 7.6%; the Nasdaq closed at 7,950 points, down 624 points Or 7.29%.
As for the Hong Kong stock market night market index, it fell 64 points to 24,786 points and closed at 254 points. Hong Kong stocks ADR closed at 24737 points, down 302 points or 1.2%
U.S. stock market meltdown