Source: China News Network
China News Service, Hong Kong, January 28 (Reporter Wei Huadu) The Hong Kong stock market fell for two consecutive days. The Hang Seng Index fell by up to 300 points on the 28th, reaching a low of 23,507 points, and closed at 23,550 points, down 256 points throughout the day, or 1.08%. The full-day turnover of the main board was HK$125.7 billion.
On the same day, the state-owned enterprise index fell 81 points, or 0.98%, to close at 8210 points; the technology index fell 91 points, or 1.71%, to close at 5291 points. Technology stocks generally fell, Ali Health fell 1.16%, Meituan fell 0.66%, Jingdong Group fell 3.2%, Bilibili fell 3.56%, and Ctrip Group fell 1.95%.
Zhang Zhiwei, co-director of Prudential Securities, said in an interview with a reporter from China News Agency that the Hang Seng Index started at 23,500 on January 3, and once went to 25,000, but now it has dropped back to 23,550, as if returning to the original point. He believes that this is due to the Fed’s announcement that it plans to raise interest rates and the situation in Ukraine, which has caused the stock market to be weak.
Zhang Zhiwei predicts that the stock market situation may improve after the Lunar New Year, but there will be no sharp rise, and the market outlook will continue to fluctuate at the 20-day line, hovering at 23,900. (Finish)Return to Sohu, see more
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