At today's Politburo meeting, a number of policies related to the stock market, the property market, the platform economy, epidemic prevention and control, etc. , greatly stimulated the confidence of investors. Offshore RMB also reversed the decline after the news was announced: it once fell below the 6.69 mark in early trading and rose linearly. At present, it has recovered the 6.62 mark and rebounded nearly 800 points in the short term. The US dollar index once hit 103.93 on Thursday, hitting a 20-year high. However, due to the weak GDP data, the dollar fell sharply. The United States announced a negative GDP growth of 1.4% in the first quarter, far below the market expectation of 1%.
Double benefits stimulate internet stocks.
The fruit chain is not afraid of reducing production next season.
Internet stocks led the market today for two reasons: First, the Politburo meeting held today pointed out that it is necessary to promote the healthy development of the platform economy, complete the special rectification of the platform economy, implement normalized supervision, and introduce specific measures to support the standardized and healthy development of the platform economy. Another Hong Kong media said that the government will hold a forum for large-scale platform technology companies to promote economic development. Second, foreign media said that the audit of China Stock Exchange has made progress, and China and the United States have started discussions on the logistics support for the US visit to reverse market expectations.
After the favorable release, Hang Seng Technology experienced a wave of violence, and once broke through 1 1%: since the Foreign Company Accountability Act was passed during the Trump administration, the US SEC listed China Stock Exchange in batches this year. According to the requirements of the United States, the above-mentioned companies will be forced to withdraw from the market in accordance with the requirements of laws and regulations if they cannot have their accounting papers reviewed by the US regulatory authorities within three years. Usually, visiting the site for examination is considered as the first step to liberalize the examination of accounting papers.
Due to the delisting risk of China Stock Exchange, many stocks have returned to Hong Kong one after another. At present, many online stocks in Hong Kong market are listed in China and the United States. The market is worried that there are still two risks: first, the liquidity of the Hong Kong market is not as good as that of the United States, and there may be a liquidity discount; Second, the shareholding ratio of American institutions is not low, and the delisting of US stocks will make them passively lighten their positions. Therefore, maintaining the current listing status in China is conducive to the valuation of Hong Kong technology stocks.
Stimulated by favorable internal and external conditions, today's internet giants have all appeared elephant dancing: Alibaba and Meituan, which have a market value of over one trillion, have increased by over 15%! Another important event related to the industrial chain is the expected change in Apple's revenue.
Apple, the world's largest technology stock, released its latest results: revenue in the first quarter of this year was 97.3 billion US dollars, an increase of 9%; Net profit was $25 billion, up 6%. After the release of the results, it once rose by 2.2%, but as the mobile phone will point out the warning of the slowdown in the next quarter, it once turned down, and the stock price closed up by about 2% after the market.
Apple CEO Cook pointed out that in the second quarter of this year, due to the shortage of supply chain and chips in Shanghai, revenue may be reduced by 4 billion to 8 billion US dollars. Judging from the reaction of the Hong Kong stock Apple industrial chain, the market is still optimistic about the future performance of Apple mobile phones. After Apple's performance, the fruit chain rose again with the broader market, with the gains of AAC, BYD Electronics and Yu Shun all exceeding 6%.
New energy vehicles are profitable again.
Nowadays, favorable policies are frequently spread, and new energy vehicles have government subsidies. In the past two months, consumers will receive a subsidy of 8,000 yuan for purchasing corresponding new energy vehicles in Guangdong Province.
According to the announcement of Guangdong Development and Reform Commission, BYD's Korean, Song, Tang, Qin, Yuan pro and e2 models, Xpeng's P7, G3 and P5 models, GAC Honda and GAC Toyota models and Geely's Link models are all eligible for subsidies.
Nowadays, cars listed in Hong Kong are generally popular: Guangzhou Automobile and Dongfeng, which involve subsidies, all perform well. Weilai, Ideality and Sanxiao all rose more than 6%, and Li led the gains with an increase of 8.77%.
One share fell against the market 1 1%, which was more than 50% of A shares.
There are also some stocks that have fallen against the market, and the H/A discount has exceeded 50%.