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Weekly Market Overview: The Hang Seng Index rose cumulatively by 1.63% last week, closing at 24,963.23 points, with a trend of rising first and then falling back for the whole week. On the news front, the situation in the Middle East escalated sharply, suppressing market risk appetite; Brent crude oil rose above $100 per barrel, and rising inflation expectations pushed up US Treasury yields, weighing on Hong Kong stock valuations. Additionally, with the Federal Reserve's July rate decision meeting approaching, market predictions for the probability of a rate hike surged from less than 12% to nearly 35% within a week, significantly increasing uncertainty. Among the constituent stocks...
These consumer sector stocks are really laid back: Nongfu Spring, Mengniu, and Anta are as stable as a rock, with gains relying solely on a snail's pace, and occasional news stimulation barely makes a ripple.
I thought Weilong might bring something new to the table, but it still couldn't escape the fate of following the market's flat trend.
Honestly, the atmosphere in Hong Kong stocks is quite discouraging, but I'm used to it. No matter how much the food and beverage sector fluctuates, it won't fall too far.
$NONGFU SPRING(09633.HK) has been liquidated. Taking profits at this stage. Thank you, Nongfu Spring. Just keep drinking it. 😄
$NONGFU SPRING(09633.HK) feels like it's time to liquidate the position. Summer is coming to an end.
$NONGFU SPRING(09633.HK) However, such assistance from the Hangzhou municipal government was truly unexpected.
$NONGFU SPRING(09633.HK) Although I haven't spoken for a long time. But as a shareholder, I still feel gratified. Nongfu Spring is an investment experience that verifies 'slow is fast'.
$XTALPI(02228.HK) $NONGFU SPRING(09633.HK) The trends of these two, I think I'm about to become the new generation of big @股神小顾. Feels like having a meal with StockPro? 😄
$XTALPI(02228.HK) just landed at Hong Kong Airport, saw this price, and it still rose in the final trading session. There is no more news in the market currently. Hope everyone can resist fear and temptation. Actually, the core behind it is position management. Around 6.5 was the previous major resistance level. Went up, then down, and now back again. Grinding. Just look at what happened with Nongfu Spring recently.
$NONGFU SPRING(09633.HK)
Rising in silence.
Take it slow, dude.