Fortune News, this morning, the Hang Seng Index bottomed out and rebounded, now the V market, automobiles, semiconductors and entertainment sectors led the rise.
As of press time, the Hang Seng Index is up 0.48%.
Source: Futu Securities
Among them, Geely Automobile, Sands China, Sunny Optical Technology and AAC Technologies Holdings Inc. led the rise, while Geely Automobile rose more than 4 per cent.
On the news, according to the Hong Kong Economic Journal, Zhou Songgang, chairman of the Hong Kong Stock Exchange (00388), said at the opening ceremony of the Hong Kong Financial City Hall and the first day of the year of the Dog that the most important task of the HKEx this year is to actively promote the development of the market. It will soon announce the relevant rules for drafting and broadening the listing system, and conduct market consultation to welcome more innovative companies to list in Hong Kong and provide more choices for investors.
Zhou Songgang said that HKEx will also continue to enhance and expand the interconnection mechanism of the securities market, study the launch of A-share derivatives, optimize the "Bond Link" and launch more RMB interest rate products. the aim is to consolidate Hong Kong's position as a financing centre, wealth management centre, risk management centre and RMB asset pricing centre.
He pointed out that in the past year, Hong Kong's securities and futures market was buoyant, with a bumper harvest. The market value of Hong Kong stocks has reached a record high of nearly 34 trillion yuan. Last year, the trading volume of the stock market and futures market increased by 31% and 14% respectively compared with the previous year, and many investors made a lot of profits.
In addition, the HKEx celebrates the opening of the Hong Kong City Hall of Finance today. Zhou Songgang said that the City Hall will be open for market participants to rent for conferences, exhibitions or other financial promotion activities.
In addition, Li Xiaojia, chief executive of HKEx, said at the opening ceremony of the year of the Dog that market participants were concerned about the impact of these factors on Hong Kong stocks as well as geopolitical developments as interest rates rose in the United States and US stocks reached new highs in the past few years.However, he believes that although Hong Kong stocks have performed well last year, they still have certain advantages and competitiveness in terms of value.