The Hong Kong stock market has recently fallen into a water shortage situation. The trading volume fell to 82.1 billion yuan yesterday. When the business was busy, suddenly the convener of the Executive Council, Ye Liu Shuyi, was accused of giving an interview to a foreign company. She broke the news that the government was considering waiving the double stamp duty for mainland buyers. After the real estate stocks rose sharply, the government clarified that nothing had happened. Central tea friends think that most of the incidents are due to misunderstandings. However, Hong Kong has been plagued by the epidemic for two years now, and its economic foundation is weak. It is a good thing that policies can be stimulated.
Ye Liuchang’s grace triggers real estate stocks to bounce
Ye Liu has become the convener of the executive council, and she speaks with a lot of weight. Recently, she has been interviewed by the media to talk about her ideas, which has attracted attention. This time, the tax exemption appeared in Rashomon. According to her, she just stated her idea of attracting talents, not the government. . However, real estate stocks have fluctuated because of this. New World (017) once surged by nearly 7%, but still closed up 2.5% to 26.75 yuan, recording five consecutive gains; Henderson Land (012) once rose by 5% at most, and closed up 0.7%. %, at 27.95 yuan; Xindi (016) once rose 4.5%, and closed up 2% at 95.7 yuan; Cheung Kong (1113) once rose 4%, and closed at 55.2 yuan; SINCI (083) closed at 55.2 yuan It rose 1.02% to 11.8 yuan; the real estate agent Midland (1200) also surged 17.1% and closed up 4.3% to 0.73 yuan.
Central tea friends said that property prices have softened recently, and many second-hand transactions have suffered losses. Some people in the industry estimate that those who bought properties in the past five years have a good chance of losing money and leaving the market. However, the current property prices are falling. Mainly affected by the low opening of new properties, there is still a certain amount of sales in new buildings, and many people are waiting to get on the bus. At this stage, it should not be seen that the policy should be relaxed. On the other hand, since the two places have not yet cleared customs, and the mainland economy is both weak, there are doubts about how many mainlanders can be attracted to Hong Kong to buy properties even if the restrictions are eased. If you want to help the property market and Hong Kong people to buy homes, it may help Zhongda to ease the restrictions on Hong Kong people getting on the bus.
Although the property market’s chance of forbearance is not high for the time being, Chayou believes that although the new government has not been in the market for a hundred days, it is pragmatic. It seems that this week inbound tourists stay in hotels for quarantine, and the time limit has been reduced from 7 days to 3 days. The general direction Popular with the business community. Last week, the tightening tolerance in the market may only be reduced to 4 days, but it ended up being reduced by 1 day. Although the difference between the 3rd and the 4th is not much, but psychologically, the 3rd is easier to accept. Some business people believe that if the government can introduce more incentives to promote human interaction, the economic benefits will be more obvious. Now that the government has not implemented it, it cannot be ruled out that it will wait and see the result of relaxation, and then do it again after the operation of the same red and yellow codes is proficient.
Friends of tea, the United States may raise interest rates again in September, and the mainland economy is in a period of adjustment. Maintaining economic confidence is the top priority of the SAR government. From the announcement of the relaxation of entry restrictions by Chief Executive Li Jiachao in person, we can see that he attaches great importance to it. At the same time, he understands that the relaxation is a general direction that is popular with the public. Therefore, it should continue to be relaxed in the future. The most important thing is to understand that the market is difficult. Is there any negative impact on the economy.
At present, investment confidence needs to be maintained, which can be reflected in the lack of water trading. It closed at 4295 points, down 40 points.
Among the 69 blue chips, 35 recorded gains. Property management stock Country Garden Services (6098) rebounded and closed up 4% at 14.7 yuan, the best performing HSI constituent stock; China Unicom (762) interim results beat expectations, After being sung by many big companies, the stock price closed up 4% at 3.9 yuan.
Tianqi Lithium’s Hong Kong Stock Connect is popping up
Technology and Internet stocks are soft. Alibaba (9988) has made progress in its dual listing plan, and the relevant application has been received by the Stock Exchange. Alibaba maintains that it is expected to be completed before the end of the year. 89.6 yuan. The rest of the large technology stocks were weak. Jingdong Group (9618) fell 3.71% to close at 228.6 yuan; Meituan (3690) fell 2% to close at 176 yuan.
Lithium stocks rose. Kent Masters, chairman of Albemarle, the world’s largest lithium battery manufacturer for electric vehicles, said that the supply of battery raw materials continued to be tight, and it was difficult for automakers to obtain the metals needed for batteries in the next eight years, especially lithium. resource. Tianqi Lithium (9696), which was newly included in the Hong Kong Stock Connect, rose 5% to close at 85.05 yuan; Ganfeng Lithium (1772) rose 3% to close at 72.65 yuan. In addition, China Unicom (762) announced satisfactory results and closed up 4% at 3.9 yuan. Another major telecom stock, China Mobile (941), also rose 0.6% to close at 51.2 yuan. The company will announce its results tomorrow (Thursday). If Growth and dividends are ideal, and it is expected to attract continued inflows of safe-haven funds.
Jin Riku