China News Service, Hong Kong, January 12 (Reporter Shi Bingyun) Hong Kong stocks opened lower and moved higher on the 12th, closing at a full-day high of 28276.75 points, rising for 3 consecutive trading days, setting a new high in the past year.
The main board turnover for the whole day was 199.0 billion yuan (HK$, the same below).
The Hang Seng Index fell by a hundred points in the early part of the 12th, then turned up, and expanded in the afternoon, closing up by 368 points, breaking through a high of 28,000 points.
Among the constituent stocks of the Hang Seng Index, AIA rose more than 4% to close at 103 yuan, a new high; despite US investment sanctions, China Mobile rose 6.6% to close at 46.8 yuan, with a turnover of over 12 billion yuan; China Unicom rose 6%; HSBC Holdings Rose 0.6%.
In terms of key sectors, mainland financial stocks rose sharply, and mainland insurance stocks performed well.
China Pacific rose 11%, a three-month high; China Pacific Insurance rose 5.4%, also a new high.
First Shanghai chief strategist Ye Shangzhi pointed out that the Hang Seng Index successfully broke through 28,000 points today, and Hong Kong stocks are still on the offensive.
It is worth noting that today's mainland insurance stocks and brokerage stocks have moved higher, demonstrating the "round dynamics" of Hong Kong stocks.
That is, the focus of growth shifts between different sectors, pushing up the stock market.
He pointed out that investors have focused on the new economy, the Internet, and new energy vehicles. With the continuous rise of A-shares, rising U.S. bond yields, and the recovery of the mainland economy, the focus of investment has shifted to insurance and brokerage stocks, driving the market's rise.
According to Ye Shangzhi’s analysis, there are two main reasons for the good performance of mainland financial stocks. First, the mainland A-share market continues to hit new highs, and the equity investment income of related stocks has performed well; the second is the economic recovery in the mainland, and the insurance premium income of domestic insurance stocks is estimated this year. There will be growth.
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