News from the financial community on February 16 Hong Kong stocks opened higher and went higher, and the Hang Seng Index rose 187%, the Hang Seng Tech Index rose 269%。Technology stocks continued to be short, GDS rose 12%, Xpeng Motors and Ping An Good Doctor rose more than 6%; The medical sector was strong**, with WuXi Biologics rising more than 10%; Real estate, consumption, and non-ferrous industries rose across the board.
In terms of news, during the Spring Festival, new developments continue to be reported in China's urban real estate financing coordination mechanism. According to the latest disclosure of the six major state-owned banks of industry, agriculture, China, construction, communications, and postal savings, there are more than 8,000 real estate financing "whitelist" projects that they have docked. Among them, since January 30, the list of projects was pushed by various places, and as of February 13, the Bank of Communications has obtained and docked 1,442 projects in the list, and has realized loan delivery for some of them.
In addition to the industry tailwinds, the news that a Hong Kong court today dismissed a winding-up petition against two subsidiaries of Logan Group further stimulated the trend of real estate stocks.
In addition, today Hang Seng Indexes Company will announce the latest quarterly review results. In this regard, CICC pointed out that in this adjustment, Kuaishou-W (01024HK), Swire Properties (01972HK), JD Logistics (02618.)HK), Xpeng Motors-W (09868HK), New Oriental-S (09901HK), BeiGene (06160HK) and Innovent Biologics (01810.)HK) and seven other companies are expected to become the new constituent stocks of the Hang Seng Index, the so-called "dyed blue".
However, CICC also pointed out that historical experience shows that the actual quarterly inspection results may be quite different from this **. For example, Kuaishou and JD Logistics have been favored in the past, but they were not included in the Hang Seng Index in the end. This may be due to the fact that the Hang Seng Index Advisory Committee takes into account factors that are not clearly stated or quantified in the decision-making process, such as industry representativeness and listing location.
This article is sourced from: the financial world.