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The situation in Russia and Ukraine is heating up, and it will drop nearly 800 points. Experts: Hong Kong stocks may test 22,500 points | Continuous update

2022-02-24T07:23:45.865Z


Tensions between Russia and Ukraine continued to plague investor sentiment, dragging U.S. stocks down for a fifth straight day, with the Dow down more than 400 points. Driven by risk aversion, investors continued to park funds in the US dollar, and the US dollar index stabilized at 96 or more


Tensions between Russia and Ukraine continued to plague investor sentiment, dragging U.S. stocks down for a fifth straight day, with the Dow down more than 400 points.

Driven by risk aversion, investors continued to park their funds in the US dollar, the US dollar index stabilized above 96, and gold was also supported, with the price of gold at US$1,910 per ounce.

The market weakness continued during Asian trading hours. The futures of the three major US stock indexes were all down. The Japanese stock market also fell after the resumption of the market after the holiday.


【5:10】

The situation in Russia and Ukraine was extremely tense, triggering panic among investors. All three major U.S. stock indexes fell, and Dow futures fell nearly 800 points.

The Asia-Pacific stock market suffered a small stock market crash, and the Hong Kong stock market once fell nearly 900 points.

The Hang Seng Index last reported 22,913 points, down 746 points.

Funds poured into U.S. dollar assets, and the U.S. exchange rate index was last at 96.56.

Zhang Zhiwei, co-director of Prudential Trust, believes that it is not ruled out that the market will test 22,500 points, but it is believed that investors can consider lowering some of the weaker shares, including Tencent (0700), Hong Kong Stock Exchange (0388), CNBM (3323) and HSBC.

The latest Hong Kong Stock Exchange reported 395 yuan, down 5.3%, HSBC (0005) fell 3.4% to 56.15 yuan, CNBM fell 3.2%, and Tencent fell 3.5%.

However, Zhang Zhiwei does not recommend investors to pursue oil stocks and gold stocks that have risen recently due to the tense geopolitical situation.

Since the current local situation has reached the point where it is all related, it is difficult to guarantee that once the war is over, the safe-haven funds will flow out of the relevant shares, and it is pointed out that CNOOC (0883) has been weak at around 10 yuan.

CNOOC was last at 9.98 yuan, down 0.4%.

【14:01】

The situation in Russia and Ukraine is quite tense, triggering the market to drop nearly 900 points, reaching a low of 22,786 points. The latest report was 22,904 points, down 756 points.

The US dollar rose further and was last at 96.65, up 0.48%, while the Hong Kong exchange fell to 7.8081.

Gold prices rose sharply, with spot gold last at $1,940.06, up 1.63%.

The three major U.S. stock futures all fell, with the Dow down 675 points to 32,456 points.

【13:24】

The Hang Seng Index narrowed its decline slightly in the afternoon. The latest report was 22,964 points, down 696 points, the KSE Index fell 217 points to 5,081 points, and the HSCEI reported 8,042 points, down 275 points.

Ali (9988) once again hit a new low at 103.6 yuan, the latest at 105 yuan, down 6.6%.

【13:07】

According to foreign media reports, trading in rubles and stocks on the Moscow Stock Exchange (MOEX) was suspended due to the triggering of trading restrictions.

【13:04】

The Hong Kong Stock Exchange (0388), which just announced its full results at noon, maintained a decline of more than 4% in the afternoon, and was last at 399.4 yuan, down 4.3%.

The decline in Hong Kong stocks intensified slightly, at 22,879 points, down 781 points, the KSE Index at 5,059 points, down 239 points, and the HSCEI at 8,011 points, down 306 points.

【12:14】

Hong Kong stocks were extremely weak, dragged down by the continued escalation of the situation in Russia and Ukraine, fell more than 700 points in half a day, and fell below the 23,000-point mark.

The Hang Seng Index closed at 22,925 points at noon, down 734 points, the H-Share Index reported 8,033 points, down 284 points, and the KSE Index reported 5,074 points, down 224 points, with a turnover of 87.24 billion yuan.

Ali Marco's performance paled, with Ali (9988) and Ali Health (0241) both down about 6.6%, the top two decliners among the blue-chip stocks.

Gaming stock Sands (1928) also fell 5.7%.

Bifu (6098) and JD.com (9618) fell more than 6% and 5% respectively.

【11:50】

Russia's special military action in the east of Uzbekistan spurred Brent oil futures to break through the $100 mark, hitting a new high since September 2014.

Three barrels of oil bucked the market and stabilized. CNOOC (0883) rose 0.6%, PetroChina (0857) rose 1.7%, and Sinopec (0386) was unchanged.

Rusal (0486) fell 7 percent to 6.77 yuan.

【11:27】

The weakness of Hong Kong stock market has not changed. It once fell below 23,000 points. It recovered this level recently and reported 23,000 points, down 659 points.

The HSCEI reported 8,075 points, down 241 points; the KSE Index reported 5,116 points, down 182 points.

The Alibaba department fell sharply, with Alibaba (9988) and Alibaba Health (0241) both falling by more than 6%.

【11:01】

Hong Kong stocks fell further, at 23,153 points, down 500 points, the KSE Index at 5,163 points, down 135 points, and the HSCEI at 8,133 points, down 183 points.

【10:53】

The decline of Hong Kong stocks expanded to more than 400 points, the latest reported 23210 points, down 449 points, the HSCEI reported 8165 points, down 151 points, and the KSE Index reported 5176 points, down 122 points.

Ali (9988) continued to search for the bottom. It once lost 106 yuan and hit a low of 105.8 yuan. The latest report was 106.1 yuan, down 5.6%.

【09:46】

Technology stocks continued to be targeted by investors this morning. NetEase (9999) and Alibaba (9988), which will announce their results today, fell 3.2% and 4.1% respectively.

Another technology stock JD.com (9618) fell 4.1%.

As for financial stocks, AIA (1299) fell 3.3% to 82.05 yuan.

As for Budweiser (1876), which has already announced its results this morning, it bucked the trend and rose 3.3% to 23.6 yuan.

Hong Kong stocks narrowed their losses, with the Hang Seng Index ending at 23,300 points, down 359 points, the HSCEI at 8,193 points, down 123 points, and the KSE Index at 5,195 points, down 103 points.

【09:20】

The Hang Seng Index opened 392 points lower at 23,268 points, the H-Share Index opened 150 points lower at 8,166 points, and the KSE Index opened 135 points lower at 5,163 points.

Ali (9988) opened 4.4% lower, falling below 108 yuan, and hit a new listing high at 107.5 yuan. Tencent (0700) opened 2% lower at 436.2 yuan.

HSBC (0006) opened 0.9% lower at 57.6 yuan.

Source: hk1

All news articles on 2022-02-24

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