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Late at night, non-agricultural data detonated the market! Global assets soared across the board
Source: Broker China Author: Zhou Le A big piece of data detonates the market. On the evening of May 3, Beijing time, the US Department of Labor released the April non-farm payrolls report, which shows that the US non-farm payrolls increased by 175,000 in April, far below the forecast of 240,000; the US unemployment rate in April was 3.9%, higher than the forecast of 3.8%. Wall Street agencies say that a significant cooling of the labor market will change the Federal Reserve's next move. After the data was disclosed, traders advanced the forecast for the Fed's first interest rate cut from November to September this year; US interest rate futures expect the Fed to cut interest rates twice by 25 basis points in 2024
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!
Hang Seng Index Rises 4.67% This Week to 18475.92 -- Data Talk
The Hang Seng Index is up 824.77 points or 4.67% this week to 18475.92 --Up for two consecutive weeks --Up 2251.78 points or 13.88% over the last two weeks --Largest two-week point gain since the w
The Hang Seng Index closed up 1.48% for the ninth consecutive trading day, setting a record for the longest continuous increase since 2018. The Hang Seng Technology Index closed up 2.74% to the highest level since the end of November 2023. Auto stocks, te
The Hang Seng Index closed up 1.48% for the ninth consecutive trading day, setting a record for the longest continuous increase since 2018. The Hang Seng Technology Index closed up 2.74% to the highest level since the end of November 2023. Auto stocks, technology stocks, and insurance stocks had the highest gains. Kuaigou Taxi rose about 92%, Evergrande Auto rose about 11%, and Bilibili rose about 7%, and Ping An of China rose about 4%.
Express News | The Hang Seng Index closed higher for the ninth consecutive trading day, setting a record for the longest continuous increase since 2018
Express News | Hong Kong stocks closed down slightly. The Hang Seng Index closed up 1.48%, the Hang Seng Technology Index rose 2.74%, Kuaigou Taxi rose more than 125% at one point, and KEEP rose nearly 20%. Among the constituent stocks of the Hang Seng Technology Index,