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Quick look at the Hong Kong market | All three major indices in Hong Kong rose, with the Hang Seng Index increasing by 2.30% and the tech index rising by 2.13%; Digital Health stocks all went up, with JD HEALTH increasing by 5.13%.
The three major indices of the Hong Kong stock market are all up, and Network Technology stocks are rising across the board;
Top executives from Morgan Stanley and UBS Group: Wealthy clients are dumping US dollars, buying Gold, and increasing their positions in China!
Executives from Morgan Stanley and UBS Group reveal that super-rich individuals are bullish on China's assets, with a surge in allocations to Gold and Cryptos!
Institutions: Short-term stable risk sentiment brings positive catalysts to Hong Kong stocks, it is recommended to focus on three main lines.
Hong Kong stocks have completely recovered the losses after the announcement of the equal tariffs.
CITIC SEC discusses the delisting of Chinese concept stocks: it will not change the intrinsic value of the companies and will bring incremental liquidity to the Hong Kong stock market.
CITIC SEC: We do not believe that the Hong Kong stock market is unable to accommodate a large-scale return of Chinese concept stocks. On one hand, the liquidity of the Hong Kong stock market has clearly improved, and on the other hand, the forced (Delisted) of stocks in the US actually shifts trading to the Hong Kong stock market, bringing incremental liquidity to the Hong Kong market.
The State Administration of Taxation: In April, the national sales revenue of enterprises increased by 4.3% year-on-year.
According to the latest value-added tax invoice data from the State Administration of Taxation, in April, the growth rate of national enterprise sales revenue accelerated, with a year-on-year increase of 4.3%, continuing the steady growth trend since the fourth quarter of last year.
Hong Kong Stock Morning Report | China lowers tariffs on the U.S. to 10%, five departments interview food delivery platform companies.
①China stated that the additional tariffs imposed by the U.S. have been adjusted from 34% to 10%. ②Five departments have held talks with food delivery platform companies. ③The Semiconductor and Integrated Circuits Industry Investment Fund in Shenzhen has been established, with a scale of 5 billion yuan. ④Trump is prepared to tear up Biden's export red lines, and the UAE is expected to be allowed to purchase one million NVIDIA chips.