Hong Kong Stock Market News | CHALIECO surges over 17% in early trading, with expectations of further heating up in the 2024 round of national reforms.

CHALIECO rose more than 17% in early trading today, with a gain of 17.49%, reaching HKD 2.62, with a turnover of HKD 58.2595 million. On the news front, there is hope for a new round of state-owned enterprise reforms in 2024, and the State-owned Assets Supervision and Administration Commission will study the inclusion of market value management effectiveness in the assessment of central enterprise leaders. Central enterprises are the leaders in stabilizing the economy and the capital market. Including market value management in the assessment is an important measure for central enterprises to attract the capital market and may initiate a new round of market trends. It is recommended to focus on the new opportunities in "Zhongtegu", and strategically focus on dividend distribution, stock repurchases, mergers and acquisitions, and restructuring. The central bank has reduced the reserve requirement ratio by 0.5 percentage points, providing the market with long-term liquidity of CNY 1 trillion.