January 14 Market Review

Overnight, U. S. stocks were mixed, the Nasdaq and S & P 500 closed slightly higher, and the Dow fell slightly. The new stock Affirm rose more than 98% on the first day, Qilian International Holding Group Limited rose more than 20% the next day, electric car startup Canoo rose more than 13%, Intel Corp rose nearly 7%, BABA rose more than 4%.

The Hang Seng Index rose further in late trading today, rising 0.93% to 28496 points to a new high, while the Hang Seng Technology Index rose 2.6% to a new high of 8895 points. In trading, most large technology stocks rose, with Meituan and Tencent both up 5.6% and BABA up 5%. Foxconn concept stocks rose strongly throughout the day, with Foxconn Group surging more than 21%, surging more than 40% in two days and reaching a new high in nearly a year. Semiconductor strength, Semiconductor Manufacturing International Corporation rose sharply to over 7%.

Before the US stock market, the futures index was mixed.

According to reports, Biden's upcoming bailout package is about $2 trillion. Us stock futures rose and fell before trading. As of press time, Dow futures rose 0.37%, S & P 500 index rose 0.24%, and Nasdaq futures fell 0.1%.

Performance of major ETF products in Hong Kong stocks

• The Hang Seng Index closed up nearly 1%, while the South double bullish Hang Seng Index rose 1.5%.

The Hang Seng Index closed up 0.93%.$South double bullish Hang Seng Index (07200.HK) $Up 1.5%, the turnover reached HK $126 million.South double bearish Hang Seng Index (07300.HK) $The turnover fell 0.73% to HK $4.33 million.$South double bearish Hang Seng Index (07500.HK) $The turnover fell 1.48% to HK $317 million.

• The Hang Seng Science and Technology Index rose more than 200 points to a new high, and the South double long Hang Seng Technology rose nearly 5%.

The Hang Seng Science and Technology Index closed up 2.6%, up more than 200 points, and once broke through 8900 points to a new high in intraday trading.Southern double long Hang Seng Technology (07226.HK) $Increased by nearly 5%, with a turnover of HK $20.07 millionSouthern Hang Seng Technology (03033.HK) $It rose by more than 2%, with a turnover of HK $229 million.

• The CSI 300 fell nearly 2%, and the CSI 300 fell more than 3% when it was twice as long in the south.

Shanghai and Shenzhen 300 closed down 1.93%.The South is twice as long as Shanghai and Shenzhen (07233.HK) $Down 3.12%, the turnover was HK $67.43 millionSouth double shorting Shanghai and Shenzhen 300 (07333.HK) $It rose 1.63%, with a turnover of HK $17.33 million.

• Hong Kong stock market rose by the top 10 ETF

Today, the top 10 gains in the Hong Kong stock market are mainly long Hang Seng Technology Index, National Index, Cloud Computing related ETF.

Performance of major ETF products in US stocks

Overnight, U. S. stocks were mixed, the Dow fell slightly, and the Nasdaq and S & P 500 closed slightly higher.$NASDAQ triple long ETF-ProShares (TQQQ.US) $It closed up nearly 2%.

The futures index of US stocks was mixed before trading today, and most of the long index rose before ETF trading.$NASDAQ triple long ETF-ProShares (TQQQ.US) $It fell slightly before the day.

ETF of US stocks related to listing on the Hong Kong Stock Exchange$Huaxia Direxion double look at the 07261.HK (Donna Index) $The turnover reached Hong Kong dollars$fi II South Narcotics (07568.HK) $The turnover reached Hong Kong dollars.

ETF performance of energy and precious metals

• The decline in EIA crude oil inventory is basically in line with expectations, and Deutsche Bank said that the oil distribution will return to the equilibrium level of 65 US dollars in the fourth quarter.

Data show that the United States as of January 8 week EIA crude oil inventory changes actually reported a reduction of 3.248 million barrels, is expected to decrease by 300 barrels, the previous value decreased by 8.01 million barrels. In addition, EIA gasoline stocks actually reported an increase of 4.395 million barrels, expected to increase by 2.5 million barrels, with a previous value increase of 4.519 million barrels; EIA refined oil stocks actually announced an increase of 4.786 million barrels, expected to increase by 2 million barrels, and the previous value increased by 6.39 million barrels.

WTI crude oil fell 0.19 before trading.$Proshares double short Bloomberg crude ETF (SCO.US) $It was up 0.71% before the day.

Michael Hsueh, a research analyst at Deutsche Bank, said in a report that Brent crude futures prices will return to the equilibrium level of $65 a barrel by the fourth quarter, as excess inventory will be depleted by the third quarter. Spot Brent contracts are expected to rise more than $5 per barrel from January to December, and it is recommended to increase the Brent contract spread from December 2021 to December 2022. Global flows will weaken for the time being, but "Saudi Arabia's unsolicited production cuts" will help the market tide over the difficulties and move towards balance in the first quarter; market balance is expected to enable OPEC to fully implement the initial planned increase of 2 million b / d sometime in the second quarter; growth in US shale production will be "limited in the foreseeable future".

• Gold owners fell for two days in a row, twice as long a day. The Junior gold index fell slightly before trading and closed down more than 3% yesterday.
  

The main gold company fell again before trading today and is now down 0.74% at US $1841.$Direxion twice daily long Junior Gold Index (JNUG.US) $It was down 0.13% before trading and closed down more than 3% yesterday.

Other ETF manifestations

• Overnight US stock market rose by the top 10 ETF

The ETF of the top 10 gains in the overnight US stock market is mainly industrial marijuana-related ETF.

• Industrial hemp ETF closed up overnight, and six ETF closed up more than 3%.

Industrial hemp ETF closed up overnight.$GLOBAL X FDS CANNABIS ETF (POTX.US) $Close up by more than 6%$ADVISORSHARES PURE US CANNABIS ETF (MSOS.US) $、$ETFMG Alternative Harvest ETF (MJ.US) $、$ADVISORSHARES TRUST PURE CANNABIS ETF (YOLO.US) $、$SPINNAKER ETF SERIES CANNABIS ETF (THCX.US) $、$CAMBRIA ETF TRUST CANNABIS ETF (TOKE.US) $All increased by more than 3%.$AMPLIFY ETF TR SEYMOUR CANNABIS ETF (CNBS.US) $It's up more than 2%.

• Two SPAC ETF pulled up again, SPCX rose for 5 days in a row, tired up by more than 9%.

Two SPAC ETF are pulled up again.$THE SPAC AND NEW ISSUE ETF (SPCX.US) $It closed up 2.37%, rising for five consecutive trading days, with a cumulative increase of more than 9%.$DEFIANCE NEXT GEN SPAC DERIVED ETF (SPAK.US) $涨1.03%。