The Strategic Planning column's current actual holdings for short-term, medium-term, and long-term securities portfolios are 31.25%, 50%, and 35% respectively, with market conditions categorized as clearly bearish, bearish, and clearly bearish. Frankly speaking, last week's performance of Hong Kong stocks was extremely poor, with the overall situation damaged to varying degrees, now ranging from bearish to clearly bearish. Have you ever wondered why, when economic data seemingly indicates a healthy local economy, the indicative stock market shows relatively weak performance among major global stock markets? Either the local economy is actually not healthy, or the internationally savvy big players have misjudged the future market outlook. Of course, one reason is that, unlike the U.S., Japanese, South Korean, and Taiwanese stock markets, the Hong Kong market lacks large-cap stocks related to the recently booming AI business for trading.
As expected, the meeting between the Chinese and U.S. leaders could only ease tensions between the two countries, without delivering any substantial positive outcomes for global financial markets. However, for the mainland Chinese stock market and Hong Kong stocks, which have significantly underperformed in recent years, it is believed to still provide certain rebound momentum. It is estimated that bullish and bearish big players will first clash near last week's lows at the beginning of this week, hoping that the market can officially begin its rebound after testing a key short-term support level. Whether it can then show an upward trend of 'each wave higher than the previous,' thus turning a short-term rebound into a medium-term rebound, remains to be seen. Therefore, after the aforementioned slightly positive news for Hong Kong stocks, if bulls today (28th) fail to seize the opportunity to regain market control, the outlook will be rather bleak. As for the temporarily suspended ultra-short-term to medium-term reinvestment plan, a decision on whether to continue execution must first await clarification of market changes. Chief Advisor of Economic Intelligence and Trading Intelligence, Leung Yip-ho (website: www.BennyLeung.com)
*Articles published in Economic Intelligence with or without bylines reflect the authors' personal opinions and do not represent the stance of Economic Intelligence. Economic Intelligence serves as a platform providing free speech.
As expected, the meeting between the Chinese and U.S. leaders could only ease tensions between the two countries, without delivering any substantial positive outcomes for global financial markets. However, for the mainland Chinese stock market and Hong Kong stocks, which have significantly underperformed in recent years, it is believed to still provide certain rebound momentum. It is estimated that bullish and bearish big players will first clash near last week's lows at the beginning of this week, hoping that the market can officially begin its rebound after testing a key short-term support level. Whether it can then show an upward trend of 'each wave higher than the previous,' thus turning a short-term rebound into a medium-term rebound, remains to be seen. Therefore, after the aforementioned slightly positive news for Hong Kong stocks, if bulls today (28th) fail to seize the opportunity to regain market control, the outlook will be rather bleak. As for the temporarily suspended ultra-short-term to medium-term reinvestment plan, a decision on whether to continue execution must first await clarification of market changes. Chief Advisor of Economic Intelligence and Trading Intelligence, Leung Yip-ho (website: www.BennyLeung.com)
*Articles published in Economic Intelligence with or without bylines reflect the authors' personal opinions and do not represent the stance of Economic Intelligence. Economic Intelligence serves as a platform providing free speech.
