What happened? China's assets collectively surged! The tech index rose over 2%, and large financial stocks and contract research organizations stocks in Hong Kong all rallied.
What is the bullish stimulus? Analysts believe that, on one hand, there has been a continuous accumulation of bullish factors recently; on the other hand, the time window for the two major meetings at the end of the year has arrived, and the market may expect some stimulating policies to be introduced.
HK, Mainland Markets Open Higher
Express News | The hang seng index opened up 0.26%. The hang seng tech index rose 0.39%.
Express News | The Hong Kong stock market's Hang Seng Index opened up 0.26%, and the tech index rose 0.39%, with Trip.com Group increasing by over 3%.
Hang Seng Index Futures Drops Below 20-Day SMA, Selling Pressure Mounts
Futu Morning Report | Non-farm data is arriving tonight! Goldman Sachs: This could determine whether there will be another rate cut in December; another major bank is optimistic! Wells Fargo raises its outlook for the S&P to 7007 points.
After hours, it surged over 8%! Lululemon's Q3 performance exceeded expectations; after accurately predicting that bitcoin would reach $100,000 this year, Standard Chartered's analyst is bullish again: predicting it will reach the significant milestone of $200,000 by the end of next year; OPEC+ has continued its three sets of production cut measures, extending the additional voluntary reduction of 2.2 million barrels per day for three months.