Hong Kong Stock Morning Report｜Two major insurance companies subscribed to the 2nd phase Fund of 20 billion yuan. The Hong Kong Stock Exchange has already contacted some companies regarding the "return of Chinese concept stocks."
① Two major insurance companies subscribed to 20 billion yuan for the Honghu Phase II Fund. ② The Hong Kong Stock Exchange has contacted some companies regarding the "return of Chinese concept stocks." ③ Li Yunzhe met with the President of the Hong Kong Monetary Authority, Eddie Yue Wai-man. ④ Tencent announced a restructuring of its mixed Yuan model research and increased investment in AI.
Market Boost Incoming: Record Stock Buybacks Set to Resume as Blackout Ends
The valuation of the Hang Seng TECH Index has returned to the "Global Low Ground". Institutions are Bullish on the AI narrative-driven market restart.
① The valuation of the Hang Seng TECH Index has returned to a "Global Low", will it trigger a market revaluation again? ② Institutions are Bullish on the AI narrative-driven market, what recent changes are there in the funding situation?
CICC: It is expected that this year, the Inflow of southward capital will be about 800 billion to 1 trillion Hong Kong dollars, and the Hang Seng Index is expected to reach 20,500 points.
China International Capital Corporation published a report on Hong Kong stock strategy, stating that it expects a total Inflow of approximately 800 billion to 1 trillion Hong Kong dollars this year.
The attractiveness of Hong Kong stocks continues to grow, Goldman Sachs has raised its forecast for southbound capital flow to 110 billion USD in 2025.
Goldman Sachs significantly raised its forecast for the southbound capital flow under the mutual market access mechanism between the mainland and the Hong Kong stock markets, increasing the estimated scale from 75 billion dollars to 110 billion dollars.
Hong Kong Shares Rise, Led by Pharma, Semiconductor Stocks -- Market Talk
