It is understood that with the arrival of the Year of the Dragon, after the strong Hong Kong market in the past two days, it ushered in an outbreak today.
By midday**, the Hang Seng Index had extended its gains to 187%, the Hang Seng Tech Index rose 269%, and the Hang Seng China Enterprises Index is also ** 205%。Sectors across industries have risen one after another, with food retail, biopharmaceuticals, semiconductors, auto parts and real estate sectors particularly eye-catching. In terms of the concept sector, the liquor index rose as much as 1628%, and the domestic retail sales index ** 685%, while the chain hotel index also rose by more than 48%。
At the same time, the U.S. market is also showing a positive trend, and Chinese assets are sought after by global investors. The three major U.S. stock indexes collectively closed higher, while most of the popular Chinese concept stocks were also **, and the Nasdaq China Golden Dragon Index rose by 095%。
As the traditional Chinese festival Spring Festival is approaching, the consumer demand for liquor has ushered in a significant growth, which has become a bright spot in the market. According to the news, the liquor index rose by as much as 1628%, the sales target of Zhenjiu liquor dealers in many places was exceeded, showing the popularity of the consumer market. Major liquor companies are expected to perform well during the Spring Festival, with liquor sales expected to hit a new high.
In addition to the popularity of liquor consumption, the catering and tourism markets around the country also showed explosive growth during the Spring Festival holiday. The stock prices of Huazhu Group, Haidilao and other related companies have been sharply sized, showing that the market is optimistic about the catering and tourism industry. At the same time, data from the People's Bank of China shows that online payment transactions continued to grow during the Spring Festival, and various consumption scenarios were favored.
Another eye-catching area is new energy vehicles, and the Hong Kong stock new energy vehicle index has also been sharply **. The production and sales data of many car companies show that the sales of new energy vehicles continue to grow, and the export situation is also very optimistic. The momentum of this industry has opened up more opportunities for investors.
To sum up, the performance of various industries during the Spring Festival was strong, and the economic vitality continued to be released. How do you see the market going in the future? Feel free to leave a comment to share your views!