Hong Kong Stock Market Review: The Sudden Big Era

Yyhkstock
2024.09.27 13:36
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The Hong Kong stock market has entered a new era, with a record turnover of HKD 445.7 billion. Hot money inflows and speculative sentiment have spread, leading to significant rebounds in individual stocks. NEW WORLD DEV saw a 20% rebound in stock price due to a CEO change and plans to dispose of HKD 13 billion in non-core assets. TOPSPORTS rebounded by 42% after a sharp drop following profit warnings. Despite a decrease in southbound capital inflows next week, the market remains optimistic about a policy turning point, believing that good companies will still present buying opportunities. Chinese assets have outperformed, attracting foreign investment attention