Hong Kong's stock market has risen 10 times in a row since late April. After a few days of consolidation, it rose sharply again on May 10. Interestingly, the Hong Kong stock market has risen continuously, and there is a bunch of sour spectators. The reason is very simple, Hong Kong stocks have risen like this, which has not moved the Shanghai and Shenzhen stock markets at all, but has triggered a part of the withdrawal of funds from Shanghai and Shenzhen.
In fact, there is no need to be sour, the rise of the Hong Kong stock market will sooner or later drive Shanghai and Shenzhen. The Hong Kong stock market has been falling for 3 years, from 30,000 points to 15,000 points. This is not terrible, but what is terrible is that the liquidity of the Hong Kong stock market is gone, and the trading volume of the stock market in a day is only tens of billions of Hong Kong dollars. After a continuous surge, the trading volume of the Hong Kong stock market on Friday, May 10, enlarged to more than 170 billion Hong Kong dollars, which is already a new high in three years. This is the happiest for those who are bullish on China's economy, given the continuous decline in asset prices and high returns. The world's assets are buying China at the bottom, which is the rhythm of a new cycle of China's economic prosperity.