January 12th Market Review

Democrats in the U.S. House of Representatives put forward a proposal to impeach Trump on Monday, accusing him of inciting a mob to attack the Capitol. Us stocks closed down across the board, with the Dow down 0.29%, the s & p 500 down 0.66% and the Nasdaq down 1.25%. Electric vehicle stocks are up and down. Tesla, Inc. fell 7.82%, NIO Inc. rose 6.42%, intraday market capitalization once exceeded $100 billion, XPeng Inc. fell 2.40%, ideal fell 4.40%. Most of the chip's leading stocks rose, with TSMC up 3.29%; NVIDIA Corp up 2.60% and Magi AMD up 2.82%. Chinese stocks generally fell, with BABA down 3.73%, JD.com down 1.27%, Baidu, Inc. down 8.62%, Pinduoduo down 4.58% and Bilibili Inc. down 5.06%.

Today, the Hang Seng Index opened lower and closed higher, closing up 1.32 per cent at 28276. The Hang Seng Technology Index rose 0.71% to 8726. In trading, XIAOMI rose more than 4%, Meituan fell more than 2%, NetEase, Inc fell more than 3%; semiconductor plate strengthened, Semiconductor Manufacturing International Corporation rose nearly 7%, Hua Hong Semiconductor rose more than 3%; telecom stocks continued to rebound and rise, China Telecom Corporation rose more than 10%. China Mobile Limited and China Unicom rose more than 6%. Insurance stocks and brokerage stocks rose sharply in the afternoon. China Taiping rose by more than 11%, New China Life Insurance by more than 7%, Everbright Securities by more than 9% and CITIC by more than 8%.

Before the US Stock Market: futures Index rose

Us stocks rose before the day. As of press time, Nasdaq futures rose 0.32%, S & P 500 index rose 0.18%, and Dow futures rose 0.18%.

Performance of major ETF products in Hong Kong stocks

• The Hang Seng Index Zhang Chao 1%, the South double bullish Hang Seng Index rose more than 2%

The Hang Seng Index closed up 1.32%.$South double bullish Hang Seng Index (07200.HK) $Up 2.41%, the turnover reached HK $168 millionSouth double bearish Hang Seng Index (07300.HK) $Down 1.18%, the turnover reached HK $10.56 million$South double bearish Hang Seng Index (07500.HK) $The turnover fell 2.43% to HK $471 million.

• Hang Seng Technology Index rose 0.71%, South double long Hang Seng Technology rose 0.75%.

Hang Seng Technology Index rose 0.71%Southern double long Hang Seng Technology (07226.HK) $Up 0.75%, with a turnover of HK $9.14 millionSouthern Hang Seng Technology (03033.HK) $It rose 0.46%, with a turnover of HK $175 million.

• The Shanghai and Shenzhen 300 rose nearly 3%, and the South doubled the Shanghai and Shenzhen 300 by more than 6%.

Shanghai and Shenzhen 300 rose 2.85%The South is twice as long as Shanghai and Shenzhen (07233.HK) $Up 6.32%, with a turnover of HK $41.05 millionSouth double shorting Shanghai and Shenzhen 300 (07333.HK) $Down 2.66%, with a turnover of HK $2.93 million.

• Hong Kong stock market rose by the top 10 ETF

Today, the top 10 gains in the Hong Kong stock market are mainly electric vehicles, long Shanghai and Shenzhen 300, semiconductors and other related ETF.$GX China Tramway-U (09845.HK) $涨7.56%，$GX China Semiconductor (03191.HK) $涨3.87%。

Performance of major ETF products in US stocks

Us stocks closed down overnight, with the Nasdaq down more than 1%.$NASDAQ triple long ETF-ProShares (TQQQ.US) $It closed down more than 4%. Before today's trading, the US stock futures index rose, while the long index ETF rose simultaneously.

ETF of US stocks related to listing on the Hong Kong Stock Exchange$Huaxia Direxion double look at the 07261.HK (Donna Index) $Down 1.91%, the turnover reached HK $560000$fi II South Narcotics (07568.HK) $The turnover increased by 1.56% to HK $10.75 million.

ETF performance of energy and precious metals

• Goldman Sachs Group said that cloth oil will rise by another 20% in the first half of 2021 and is expected to reach 65 US dollars in the summer of 2021.

Before today's trading, WTI crude oil rose 0.75%.Us crude Oil Fund (USO.US) $It was up nearly 1% before the day.

Goldman Sachs Group predicts that the price of Brent crude oil will rise by another 20% in the first half of 2021, reaching a high of 65 US dollars per barrel in the summer, as the further popularization of novel coronavirus vaccine will further brighten the outlook for the global economy and increase fuel demand. While OPEC+ does have plans to increase production, its capacity recovery rate will outpace the rebound in global demand for some time, which will continue to push oil prices higher in the first two quarters of this year.

• Gold prices rose slightly, doubling daily and the Junior gold index was up more than 1% before trading.
  

Gold even rose before trading today and is now up 0.27% at $1855.8.$Direxion twice daily long Junior Gold Index (JNUG.US) $It was up more than 1% before trading.

Other ETF manifestations

• Overnight US stock market rose by the top 10 ETF

The top 10 ETF gains in the overnight US stock market are mainly panic index and natural gas ETF, of which$ProShares Ultra VIX short-term futures ETF (UVXY.US) $Increase by more than 8%Short-term Futures volatility Index ETF-ProShares (VIXY.US) $It's up more than 6%.

• Industrial hemp ETF rose overnight, 3 ETF rose more than 5%

New York Governor Andrew Cuomo on Monday again discussed the need to legalize marijuana in 2021, which will join 15 other states, including the northeastern states of Massachusetts, New Jersey and Vermont. A press release from the governor's office said legal marijuana would "create more than 60, 000 new jobs, stimulate economic activity to generate $3.5 billion in revenue and generate $300 million in tax revenue when fully implemented. "

Industrial hemp ETF rose overnight$SPINNAKER ETF SERIES CANNABIS ETF (THCX.US) $Increase by more than 6%$AMPLIFY ETF TR SEYMOUR CANNABIS ETF (CNBS.US) $、$ADVISORSHARES TRUST PURE CANNABIS ETF (YOLO.US) $Increase by more than 5%$GLOBAL X FDS CANNABIS ETF (POTX.US) $、$ADVISORSHARES PURE US CANNABIS ETF (MSOS.US) $Increase by more than 4%$ETFMG Alternative Harvest ETF (MJ.US) $、$CAMBRIA ETF TRUST CANNABIS ETF (TOKE.US) $It's up more than 3%.