[Continuous Update] HSI will test 22500 Guan Ye Shang Zhi for the second bottom pick and choose a strong sector

Financial News

Author: He Jingxi District Jiajun

2020-05-25 09:54

After the HSI fell more than 1349 points on Friday, it dropped more than 400 points this morning and reached a low of 22,519 points, but it once stopped falling and rebounded in the early part of the market. According to Ye Shangzhi, chief strategist of the First Shanghai, the market is expected to go down again and again, and the second reason is the bottom. The biggest reason behind this is the economic downturn, which still needs to be recovered. Other uncertainties are only triggering the acceleration of the decline.

Ye Shangzhi pointed out that this time it is different from the Hang Seng Index's low of 21139 points on March 19. At that time, the market "required money but not goods" and "fallen sharply and rebounded quickly". If you are brave enough to buy, any sector will rebound, but This stock selection is very important, mainly optimistic about Internet leaders, 5G equipment stocks, and domestic consumption. When the relevant stocks fall with the market, they can gradually wait for low absorption. In addition, due to the increase in risk aversion, short-term gold-related assets can be bought.

[09:53] HSI rises by 12 points

The Hang Seng Index fell, with the latest report at 22942 points, up 12 points; the H-Share Index reported at 9461 points, up 34 points.

Real estate stocks have not stopped falling, Henderson Land (0012) fell 1.8%, SHKP (0016) has lost its position of 90 yuan, the latest reported 90.1 yuan.

In terms of other blue-chip stocks, AIA (1299) fell 1.8% and was last reported at RMB 63.05. The Hong Kong Stock Exchange (0388) rose 1.2%.

For technology stocks, Tencent (0700) rose 0.2%, the latest report was 413.2 yuan, and Ali (9988) fell 1.7%, the latest report was 194.8 yuan.

[09:50] HSI's decline narrows

The decline of the Hang Seng Index narrowed. The HSI recently reported 22831 points, down 98 points; the H-Share Index last reported 9432 points, down 3 points.

[09:48] Individual stocks in the Asia-Pacific stock market rose 238 points

Asia-Pacific stock market trends were individual. Japanese stocks last reported 20626 points, up 238 points or 1.2%, Australia ’s ASX 200 index last reported 5586 points, up 89 points or 1.6%, and the Taiwan Weighted Index last reported 10747 points, down 63 points or 0.6% The South Korean KOSPI index last reported at 1976 points, up 6 points or 0.3%.

[09:34] The decline of Hong Kong stocks intensified to more than 300 points

Hong Kong stocks have continued their decline this morning. The HSI recently reported 22543 points, down 386 points; the H-Share Index recently reported 9314 points, down 112 points.

[09:24] AIA opened 4.3% lower

Hong Kong stocks fell another 204 points or 0.89% this morning at 22,725 points; the H-Share Index opened 25 points or 0.27% lower at 9,400 points.

Tencent (0700) fell 0.58% to 410 yuan; HSBC (0005) fell 0.83% to 35.6 yuan; AIA (1299) fell 4.3% to the latest 61.25 yuan, China Mobile (0941) rose 0.87% to 54.9 yuan ; Alibaba (9988) fell 2.27% to 193.7 yuan.

Hong Kong stock market trend