Hong Kong stocks got off to a good start in the Year of the Rabbit, and Hang Seng Technology soared 4%! Multi-plate collective outbreak

On January 26, the first trading day after the Spring Festival for Hong Kong stocks, the Hang Seng Index and the Hang Seng Technology Index both opened higher and moved higher. As of the close, Hong Kong’s Hang Seng Index closed up 2.37%, continuing to hit a new high since April last year; the Hang Seng Technology Index closed up 4.26%, continuing to hit a new high since July last year. Many popular sectors ushered in a collective “explosion”, the auto sector soared, and “Wei Xiaoli” both rose by more than 10%; the total box office of the Spring Festival stalls exceeded 5.5 billion, the film and television sector opened stronger, and Huanxi Media once rose by nearly 30%; In addition, During the Spring Festival, the number of people traveling has increased significantly, and tourism stocks have also ushered in a surge. China CDFG rose by 8% and hit a new listing high. | Related Reading (Brokers China)

Han Lei

The Hong Kong stock market has been in a downturn for a long time in the past two years. Although there have been intermittent rebounds in the middle, the general trend has always worried people in the capital market. This year is the first opening day after the Lunar New Year. Generally speaking, the stock market will be better on the first opening day after the Spring Festival, just like a good start. This year seems to be no exception. Some hot sectors, such as the Internet and new energy vehicles, seem to have seen good gains. However, whether the momentum of this good start can continue may depend on the market situation in the future, and even whether the Fed will delay raising interest rates. up.

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