China News Service, Hong Kong, September 10 (Reporter Wang Jiacheng) Hong Kong's Hang Seng Index opened 154 points higher on the 10th and its gains expanded. It rose 489 points to 26,205 points, an increase of 1.9%.

The market turnover of the whole day was 149.833 billion yuan (HK$, the same below).

The Hang Seng Index rose by 303 points throughout the week; it rebounded by 1356 points in three weeks, an increase of 5.5%.

  The Hang Seng State-owned Enterprises Index rose 203 points to 9386 points, an increase of 2.2%; the whole week rose 95 points, an increase of 1%.

The Hang Seng Technology Index rose 187 points to close at 6,748 points, an increase of 2.8%, and rose 19 points, or 0.3%, for the week.

  Regarding the stock market rebound, Ye Shangzhi, chief strategist at First Shanghai Securities, said that the Hang Seng Index fell by more than 600 points on the 9th, mainly due to the drag of Internet technology stocks. After the relevant news was clarified, the technology and Internet stocks did not continue to fall. It is the rebound to stand firm.

In addition, the Chinese and US dollar calls again after a few months have also helped boost market sentiment.

  However, he pointed out that, coupled with this week, the Hang Seng Index has rebounded for three consecutive weeks, with relatively large short-term gains. Therefore, if there is no further good news, the market may enter a consolidation phase. The short-term consolidation range is expected to be between 25,500 and 26,550 points. between.

In addition, he expects that funds will become more cautious in the near future, and will favor small and medium-sized shares.

  Zhang Zhiwei, co-director of Xincheng Securities Co., Ltd., also believes that the market will enter a consolidation period.

Technically speaking, the stock market has risen to the Bollinger Channel’s upper line and has fallen back, and there is support on the central axis. I believe it will continue to repeat in a certain range. The upper line is expected to be around 26,700.

  Regarding the performance of the technology network stocks, he pointed out that this was due to the market rumors that the approval of new online games would be suspended the day before. However, as of the 10th, the news was clarified that the approval of new online games was not suspended but slowed down, which made Tencent and others. Technet stocks rebounded quickly.

  As for other sectors, Zhang Zhiwei analyzed that the current resource stocks are relatively stable. Taking cement stocks that performed well that day as an example, due to rising cement prices and not being affected by policies and other factors, funds will flow to such stocks as a risk aversion.

However, due to the recurrence of the lack of core tide, the automobile sector as a whole was affected.

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