A shares.
Bay Area Finance A-share Review:
Han Xiaobo, host of "China ** Report".
A-shares end 2023: The Shanghai Composite Index has fallen nearly 4% for the year, and the ChiNext Index has fallen nearly 20%.
A-shares ushered in the closing battle of 2023 today, and the three major indexes collectively closed in the red, and the Shanghai Composite Index rose 068% to close at 297493 points;The Shenzhen Component Index rose 089% to close at 952469 points;The GEM index rose 063% to close at 189137 points. The market turnover reached 822.6 billion yuan.
Throughout the year, most of the major A-share stock indexes closed down, of which the Shanghai Composite Index was **37%, closing below 3,000 points. GEM refers to the whole year**1941%, the largest decline, the Shanghai Stock Exchange 50 and the CSI 300 Index have been negative for three consecutive years. The BSE 50 Index rose sharply in the fourth quarter, and the whole year was **1492%。
Most of the industry sectors closed up, with optics and optoelectronics, consumer electronics, games, shipbuilding, electronic components, and cultural media sectors leading the gains, while aviation airports and wine industries were among the top decliners.
Bay Area Financial Recommendation View.
Shenwan Hongyuan: A-shares may exceed expectations in 2024 There are still many policies to look forward to.
Shenwan Hongyuan said that the market's expectations for the future are relatively low, which makes it easy to exceed expectations in 2024. In addition, in 2024, there are many policies to activate the capital market, improve the quality of listed companies, and attract medium and long-term funds into the market, and the continuous improvement of the quality of A-share listed companies will lay a solid foundation for the medium and long-term performance of the market.
Bay Area Finance Special Commentator: Dongguan ** Chief Investment Consultant He Wei s0340619010004
Trend: The bottom is poised to wait for the flowers to bloom.
Hong Kong stock through train.
On the last trading day of 2023, the three major indexes closed up slightly, and as of **, the Hang Seng Index rose 002% at 1704739 points, the turnover is 7516.8 billion, the Hang Seng Technology Index rose 001% at 3764At 2 points, the red chip index rose 071%, the state-owned enterprises index rose 006%。
Special commentator of Bay Area Finance: Guo Sizhi, vice chairman of the Hong Kong ** Analyst Association.
The market has seen digestion and consolidation after a slight sharp rise.
Today is the last trading day of December, the settlement date of OTC derivatives in December, and the last trading day of the year. At the end of the year, after two consecutive days of sharp rise, the Hang Seng Index has not only successfully re-crossed the 20 antenna (about 16567 points near the left) and 10 antennas (about 16654 points near the left), there is a signal of stabilization, and more than 17038 points on the 1st of this month, that is to say, the current pattern of the market in December has reversed to a low and then a high, the Hang Seng Index temporarily rose from a low of 15972 points on the 11th to a high of 17095 points on the 29th, that is, the market volatility has expanded slightly to 1123 points this month, and the rest of the trading day of this month, theoretically there should be a larger volatility point, so as to meet the needs of the month, in addition, you can also wait for the opportunity to widen the distance between the high and low in the monthto meet the requirements of inertia.
After two consecutive days of sharp rise, the Hang Seng Index opened slightly higher in the morning at 23 points to 17066 points, and then further rose to 17095 points before gradually being restricted, and made a technical takeback, under the emergence of fragmented selling pressure, the Hang Seng Index had fallen slightly to 16966 points, but finally closed above 17000 points.
From a technical point of view, the market should still be in a normal state after a sharp fall, but under the weak atmosphere, investors continue to wait and see, and do not dare to enter the market rashly.
Bay Area Finance Special Commentator: Wu Lixian, Strategist of Everbright International.
The Hang Seng Index fell 13 percent for the year82% of biotech stocks were active today.
Hong Kong stocks on the last trading day of 2023 are good and weak, the Hang Seng Index opened high and then softened, falling at most 92 points in the afternoon, and struggling to waist after seeing a low of 16,950 points, with a full-day high and low volatility of only 145 points, and finally closed at 17,047 points, up 3 points, with a turnover of HK $75.2 billion.
Shengwu technology stocks ran out, and Hansoh Pharmaceutical (3692HK) rose 49%, China Biopharmaceutical (1177.).HK) rose 24%, WuXi Biologics (2269.)HK) up 19%。
The Hang Seng Index fell 13 percent for the year82%, down for 4 consecutive years, and down more than 10% for 3 consecutive years, the best performing blue chip stock is Li Auto (2015.).HK), up 91% for the year, as for the largest decline in blue chips for Li Ning (2331.).HK), down 69% for the year.
Special commentator of Bay Area Finance: Wen Jie, Head of Asia Investment Strategy Department, KGI.
The Hang Seng Index rose nearly 4 points, and technology stocks were mixed.
Today is the last trading day of 2023, with a high of 22,700 points and a low of 15,972 points, with a high and low volatility of 6,728 points.
In terms of sectors, technology stocks were mixed, with Xiaomi Group falling more than 4%, Meituan, NetEase, and TencentAuto stocks are generally **, and Xpeng Motors rose more than 4%;Pharmaceutical B stocks were among the top gainers.
Looking ahead to 2024, China and Hong Kong** will benefit from the end of the U.S. interest rate hike cycle, the U.S. dollar retreat leading to capital inflows into non-U.S.**, China's flexible use of monetary policy to boost the economy, and the strengthening of the renminbi.
Disclaimer: **It does not constitute specific operation advice, and you do so at your own risk and profit. **There are risks and investment should be cautious.
Bay Area Finance and Economics ** Reporter: Li Yijie, Liu Liangliang, Fan Binbin, Yang Ying.
New**Editor: Xiaoya.