Hong Kong stocks rose 367 points for the week, reversing two weeks of decline

　　China News Service, Hong Kong, March 15 (Reporter Dai Xiaolu) The three major Hong Kong stock indexes collectively fell on the 15th. Hong Kong's Hang Seng Index reported 16,720.89 points, down 240.77 points, or 1.42%. The market's full-day turnover was HK$139.086 billion.

　　On that day, the Hang Seng Technology Index fell 53.99 points, or 1.5%, to close at 3549.84 points; the State-owned Enterprises Index fell 86.38 points, or 1.46%, to close at 5820.5 points.

　　Looking back on the whole week, the Hang Seng Index rose by 367 points, ending two consecutive weeks of decline.

Chen Fengzhu, head of the research department of Huiying Group, said that technology stocks have retreated more rapidly recently, so the market has been more volatile. Companies will announce their results one after another in the future, but it is difficult for the market to recover much.

　　Ye Zeheng, an analyst at the Securities Business Department of Industrial and Commercial Bank of China (Asia), said that the market has recently been optimistic about mainland China's ability to promote economic growth, but the U.S. producer price index (PPI) data was higher than market expectations, making the market doubt whether the Federal Reserve can start to cut interest rates. Doubtful, Hong Kong stocks weakened as a result.

　　KGI Asia Investment Strategy Analyst Gong Junhua said that the latest U.S. producer price index data was much higher than expected, U.S. stocks were under pressure, and WuXi's selling pressure has not been eliminated, and there were mostly negative news on the Hong Kong stock market, so the Hong Kong stock market maintained its decline that day. .

　　In terms of outlook, Ye Zeheng said that the market will pay attention to the results of the Federal Reserve's interest rate discussion and Federal Reserve Chairman Powell's speech after the meeting.

As for the mainland, although no important economic data has been released, the market is paying attention to whether the mainland will announce more policies that are good for the economy after the two sessions.

In terms of market trends, as a number of major technology companies will announce their results next week, their impact on the market may intensify.

　　In terms of sectors, Ye Zeheng believes that investors can pay more attention to the performance of technology companies and also pay attention to whether there will be changes in the company's dividend policy.

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