Hong Kong, a major release! Hong Kong stocks soared
2025-02-26 03:57:30
On February 26th, Hong Kong stocks continued to rise in early trading today, with the Hang Seng Technology Index rising by more than 4%, setting a new high since December 2021. Just now, news came from Hong Kong that the Hong Kong budget proposed an enhanced version of the fiscal consolidation plan. Hong Kong Financial Secretary Chen Maobo said that in order to promote more stocks to be traded in RMB and improve market liquidity, the two places are making full-speed technical preparations for the implementation of the RMB trading desk to be included in the Hong Kong Stock Connect. Morgan Stanley said that China's stock market, especially the offshore market, is undergoing structural changes, which will lead to sustainable net asset returns and valuation recovery. CITIC Securities believes that the reversal of Hong Kong stocks is expected to continue.
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