The Hong Kong stock market resumed transactions after the holidays, and its benchmark stock indexes caught up with the rise of the global stock market.
According to Bloomberg, the Hang Seng Index rose 4.4%on Wednesday (October 5) in the early morning.A Chinese science and technology stock index that measuring listed in Hong Kong has risen by more than 5%.Mainland China's market is still closed due to the Golden Week holiday.HSBC Holdings and Alibaba have contributed the greatest contribution to the rise in the Hang Seng Index, and the stocks of real estate developers are backward.
The rebound of the Hong Kong stock market has allowed investors to get some relief after experiencing the worst losses in the world this year.A global stock market index rose 5%on Tuesday (Hong Kong Retow), the biggest increase since April 2020, because the weak US economic data stimulated that the Fed expects that the Fed will not actively raise interest rates.
Kamet Capital Partners PTE's chief investor Kerry Goh said that after experiencing a terrible season and the poor performance of so many months, this may be just short.As the mainland market is closed, the transaction volume is scarce, and the trend has also increased.
