Hong Kong stocks are rising fiercely! Low-priced stocks followed the trend. What are the reasons behind this sharp rise?

In the last 9 trading days, Hong Kong stocks have risen fiercely, and some low-priced stocks are also booming!

券商中國May 3 19:27

Changes in Hong Kong stocks | Technet stocks strengthened once again. The stock index rose more than 4% in the intraday period and once reached the 4,000 mark, and JD rose more than 6%

The agency believes that overseas markets continue to fluctuate, so global assets are in demand for rebalancing. High-quality and undervalued Hong Kong stocks have become the main inflow source of foreign capital. Furthermore, as south-bound capital continues to net flow into the Hong Kong stock market, the cost performance ratio of undervalued high-quality assets on the Internet is prominent.

Zhitong FinanceMay 3 09:35

As of press release, Xiaopeng Automobile-W (09868.HK) rose 8.35%, Bilibili-W (09626.HK) rose 7.94%, Ideal Automobile-W (02015.HK) rose 7.06%, Shangtang-W (00020.HK) rose 6.02%, and Baidu Group-SW (09888.HK) rose 4.27%.

As of press release, Xiaopeng Automobile-W (09868.HK) rose 8.35%, Bilibili-W (09626.HK) rose 7.94%, Ideal Automobile-W (02015.HK) rose 7.06%, Shangtang-W (00020.HK) rose 6.02%, and Baidu Group-SW (09888.HK) rose 4.27%.

Zhitong FinanceMay 3 09:25

Returning to Hong Kong, China Stock Exchange (02423.HK) fell by more than 4%, Bilibili (09626.HK), Baidu (09888.HK) fell more than 3%, New Oriental (09901.HK) fell more than 2%, and NetEase (09999.HK) fell more than 1%.

Returning to Hong Kong, China Stock Exchange (02423.HK) fell by more than 4%, Bilibili (09626.HK), Baidu (09888.HK) fell more than 3%, New Oriental (09901.HK) fell more than 2%, and NetEase (09999.HK) fell more than 1%.

Zhitong FinanceMay 2 09:37

Express News | In the first quarter, China's regulated Internet companies completed Internet business revenue increased 8.4% year-on-year

BreakingsApr 30 19:25

Tesla teaming up with Baidu? Both stock prices have soared! Baidu has not commented

Musk left in a hurry, just as he came in a hurry. He waved his sleeves, reaped Tesla's market capitalization increase of nearly 600 billion yuan in a single day, and incidentally boosted Baidu's stock price.

Securities TimesApr 30 17:26