The increase hit a 18-month high! Technology real estate storm, Hong Kong stocks rose hi, this year's performance leading the world, sure feng shui turns?

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The Hang Seng Index hit a 18-month high in a single day!

On Thursday, Hong Kong stocks saw a rare surge in more than a year, with the Hang Seng Index rising as much as 3.42% throughout the day, the largest one-day gain in the last 18 months since July 6, 2020.

The performance of Hong Kong stocks in the past 2021 is almost at the bottom of the world, but since 2022, this trend seems to have completely reversed, and as of now, Hong Kong stocks have led the world since 2022.

Hong Kong stocks hit the biggest one-day gain in the last 18 months

Market data show that on January 20, the Hang Seng Index opened high throughout the day, the increase gradually expanded, as of the close of the day, the Hang Seng Index broke through the half-year line, reported 24952.35 points, an increase of 3.42%.

According to the reporter's statistics, the above-mentioned increase in the Hang Seng Index hit the largest in the last 18 months since July 6, 2020.

At the same time as the Sharp Strengthening of the Hang Seng Index, a number of other important indexes in Hong Kong stocks also rose sharply.

The Hang Seng China Enterprises Index surged 3.79 percent, while the Hang Seng Technology Index, which is concentrated in technology and internet stocks, surged 4.50 percent.

The collective strength of technology stocks and Internet stocks, as well as real estate stocks, became the main driving force for the strengthening of Hong Kong stocks on the day.

Among the constituent stocks of the Hang Seng Technology Index, many stocks have soared.

Meituan rarely soared 11.01%, returning to above HK$240 at one point. Mingyuan Cloud also soared by more than 10%.

In addition, nearly half of the Constituent Stocks of the Hang Seng Technology Index rose by more than 5%, including Alibaba Health, Kuaishou, Tencent Holdings, JD Group, JD Health, Baidu Group, ZhongAn Online, Weimob Group, Alibaba, etc.

According to the website of the National Development and Reform Commission, recently, the National Development and Reform Commission, the State Administration of Market Regulation, the Central Cyberspace Administration, the Ministry of Industry and Information Technology, the Ministry of Human Resources and Social Security, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, the People's Bank of China, the State Administration of Taxation and other departments jointly issued the "Several Opinions on Promoting the Healthy and Sustainable Development of platform economy norms" (Development and Reform High Technology [2021] No. 1872, hereinafter referred to as the "Opinions"). The responsible comrade of the National Development and Reform Commission answered reporters' questions on the relevant situation of the issuance of the document.

For the next step of how to prepare for the implementation of the "Opinions", the responsible comrade of the National Development and Reform Commission said that in order to promote the healthy and sustainable development of the platform economy, the National Development and Reform Commission will strengthen coordination with various departments and actively link up with local governments, mainly from the following three aspects.

First, strengthen overall planning and coordination. Strengthen research on the law of platform economic development, carry out coordinated research and judgment on major issues in the field of platform economy, strengthen the overall coordination of regulatory actions, and fully ensure the normal business activities of platform enterprises.

The second is to strengthen policy guarantees. Strengthen policy guidance from the aspects of capital and talents, encourage and guide all kinds of investment institutions to support enterprise scientific and technological innovation, and encourage and guide colleges and universities and research institutions to strengthen the cultivation of digital talents.

The third is to carry out pilot exploration. Relying on various experimental exploration platforms, we will continue to explore regulatory models that adapt to the development of the platform economy, and build an institutional environment that is compatible with the innovative development of the platform economy.

In addition to technology stocks, another important thrust driving the rise of Hong Kong stocks today is the collective surge in housing stocks in Hong Kong stocks.

Country Garden Services, Sunac China, Shimao Group, Longguang Group and other shares soared by more than 10%.

On the news side, the LPR "interest rate cut" landed, and the market view is that it is good for real estate stocks.

The latest LPR quotation results released on January 20 show that the 1-year LPR was reported at 3.70%, down 10 basis points from the previous month's quotation; the variety of 5-year or more varieties was lowered from 4.65% to 4.6%, after 20 consecutive months of unchanged.

While major indexes rose sharply, southbound funds also made a large net purchase of about HK$6.5 billion today, the largest single-day net purchase of the year.

The situation in Hong Kong stocks has reversed? Since 2022, it has led the world

It is worth noting that the performance of Hong Kong stocks in the past 2021 is almost at the bottom of the world, but since 2022, there seems to be a trend of complete reversal.

As of the close of trading on January 20, the Hong Kong Hang Seng Index was in the leading position among Asian stock markets.

The data shows that since 2022, the Hang Seng Index has risen by 6.64%, while the FTSE Singapore Strait Index has risen by 5.13% in the same period. The A-share Shanghai Composite Index, Japan's Nikkei 225 Index, and South Korea Composite Index all fell to varying degrees.

In addition, the data also shows that since 2022 to the close of january 19, 2022 local time, the US and European stock markets have also fallen to varying degrees, of which the US Stock Dow Jones Index fell by 3.60% and the NASDAQ Index fell by 8.34%.

The recent research report of Founder Securities believes that some of the bearish effects of Hong Kong stocks in 2021 have gradually landed or dissipated, and Hong Kong stocks have been fully consolidated, and there is a high probability that there will be a rebound in 2022. For example, from the "hidden dragon do not use" to the stage of "seeing the dragon in the field", the structure of the trend will be similar to that of A shares, the first half of the year is better than the second half of the year, and the obvious adjustment time point may appear in March-April 2022 and the third quarter of 2022.

Specifically, Founder Securities believes that based on the fact that a large number of listed companies in Hong Kong stocks are operating in the mainland, Hong Kong stocks are naturally affected by the economic situation and economic policies of the mainland, and A shares and Hong Kong stocks have the basis for trend fluctuations to a certain extent. March-April may be the end of the spring restless market of A shares, the quarterly reports of listed companies have been disclosed one after another, and the changes in US monetary policy may occur in the eventful autumn, the stock market may be adjusted after a certain adjustment, and Q3 is the prelude to the US midterm elections (if US politicians create China topics may affect Sino-US relations), and may be the Fed's multiple interest rate hikes and accelerated balance sheet reduction, may lead to a certain adjustment in Hong Kong stocks.

In terms of rebound amplitude, Founder Securities believes that if it is assumed that A shares have a structural small bull market in 2022 instead of a trend bull market, then the rebound of Hong Kong stocks may also be limited, because Hong Kong stocks may be more sensitive to the response to US monetary tightening than A shares, and Hong Kong stocks may only have a structural small bull market instead of a trend big bull market.

HSBC Jinxin Fund's 2022 Annual Hong Kong Stock Investment Strategy believes that it may have passed the most painful moment in the Hong Kong stock market. After the sharp decline in the weight of the Internet and financial real estate sectors, the risks of the Hong Kong stock market have been released in advance to a large extent, and the future risks are more reflected in fluctuations than downwards. The opportunity for the Hong Kong stock market in 2022 lies in the repair and improvement of the overall profit prospects, and macroeconomic growth pressure is the biggest challenge, but the advantage of Hong Kong stocks is that the earnings growth of Hong Kong stocks mainly comes from new economic industries with relatively weak macroeconomic correlation, industries that were directly affected by policies last year but are expected to improve significantly this year (such as Internet, finance, real estate), industries that were seriously affected by the epidemic last year, and the repair of these profit prospects will also be accompanied by valuation repairs. Finding new value in the return is at the heart of Hong Kong's investment strategy in 2022.