Hong Kong Stock Market Review: Huge Volatility

Yyhkstock
2024.08.02 11:06
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The Hong Kong stock market has experienced significant volatility, influenced by the US stock market and global instability factors. A-shares have shown relatively strong performance compared to Hong Kong stocks, but concept stocks still stand out, with the pharmaceutical sector showing relative strength. AI-related stocks have fallen, and sectors such as new energy are also experiencing corrections. The market is approaching the end of the sell-off phase, and the focus will be on economic data, second-quarter reports, and the trend of the US stock market. If A-shares can continue to maintain a role as a counterbalance to the US stock market, the decline will accelerate towards the bottom