Hong Kong stocks have rebounded strongly since late April. Can the market continue?

Hong Kong stocks maintained a volatile trend in early to mid-April, with a strong rebound in late April. Since April 22, the Hang Seng Index has accumulated an increase of 8.8% on the 5th.

WindMay 1 10:48

Data reveal | What did Beishui buy in April? Bank of China sold over HK$10.5 billion and Tencent raised over HK$5.3 billion

Since July 2023, the southbound capital has maintained a net inflow for 10 consecutive months, with a cumulative net purchase of HK$408.792 billion during this period.

Futu NewsMay 1 10:15

The list of Hong Kong stock May gold stocks has been released! Institutions focus on the technology sector, and Tencent, JD, and Xiaomi are all favored

Concerns about stagflation raised by US data for the first quarter drove international capital to flow from the US and Japanese stock markets to Hong Kong stocks. At the same time, southbound capital is also further increasing efforts to “sweep” Hong Kong stocks.

Futu NewsApr 30 16:44

Overview of the Hong Kong market | The Science Index and China Index fell slightly; Chinese brokerage stocks and heavy infrastructure stocks fell, Huatai Securities fell more than 5%, and China Railway fell nearly 6%

Many shares of Science and Technology Network declined; Jingdong fell nearly 3%, and Meituan fell nearly 2%; many shares of home appliances rose, Haier Smart Home rose nearly 8%, and Hisense Home Appliances rose more than 7%.

Futu NewsApr 30 16:26

截至二零二三年十二月三十一日止的經審核賬目

Futu NewsApr 30 14:40 · Announcements

Hong Kong Stock Afternoon Review | The Hang Seng Index rose slightly by 0.19%, home appliance stocks and coal stocks strengthened, Haier Smart Home rose more than 8%, and Yankuang Energy rose more than 5%

The trend of science and network stocks was divided. Baidu rose nearly 2%, JD fell nearly 2%; shipping stocks rose more than 6%; COSCO Marine Holdings rose more than 6%, and Orient Overseas International rose nearly 5%.

Futu NewsApr 30 12:14