When the tiger is gone, Lu Yuren and the tea lovers in Central get together in the New Year, wishing each other good luck and endless profits. Hong Kong stocks performed well on the last trading day of the Year of the Tiger, reaching a high of more than six months. The market closed at 22,000 points and closed at 22,044 points, which seems to indicate a promising new year. In the Year of the Tiger, the stock market showed a V-shaped trend. After a sharp drop in the fourth quarter, the stock market rebounded rapidly. In the last week, it rose by 306 points, and it has been rebounding for 5 consecutive weeks. Although it showed its power at the end, the Hang Seng Index still fell by a total of 1758 points in the Year of the Tiger.
2011 Hong Kong’s economy is quite good
The low of the Hang Seng Index broke through 15,000 points in the year of the tiger, and finally regained most of the lost ground, thanks to the rapid relaxation of epidemic control measures in the Mainland last month. Therefore, the performance of blue chips is most prominent in stocks with the concept of economic recovery. Haidilao (6862) performed The best, with a cumulative increase of 40% in the Year of the Tiger; Sands China (1928) followed closely, with a cumulative increase of 39.9%. CNOOC (883) rose 34.4%. Among the underperforming stocks, “Country Garden Twin Treasures” was the worst performer in the Year of the Tiger. Country Garden (2007) lost 55%; Country Garden Services (6098) rose 54%; Sunny Optical Technology (2382) lost 46.5%.
In addition to taking stock of last year’s performance, the Hong Kong stock market has been closed for a very long time this year during the Chinese New Year holiday. The tea lovers gathered in Central did not talk about the market situation, but first talked about gossip. In the lottery, the sentence “Wei Ren Wei Wei is not Wei” is even more remarkable and impressive. As a result, political undercurrents emerged and the government’s prestige was low, so this time we won this lottery. Be alert.
Regarding the reappearance of losing power, tea lovers in Central think that a general book cannot be seen as old, and a signed document may not be the same as it was in the past, because how to deal with it can be different. , If you know how to hold on to life, history may not simply repeat itself. If you look back at the time when you obtained this magic lottery 12 years ago, the Hong Kong economy was not bad at all. 2011 and 2012 were the peak times of Hong Kong’s economy, or because the economy was so good, everyone thought it was inevitable, so political fanatics began to appear in society. Radical activities such as Occupy Central appeared two years later.
Li Jiachao is determined to fight the economy
Tea friends say that Che Gong signed civilized words, it is best to follow the old system in everything, and work steadily. If it is about seeking money, it will actually go smoothly. When Tsang Yam-kuen was the chief executive, the society recovered from the impact of SARS and 85,000, and the stock market and the property market continued to improve year after year. So he wanted to make a difference in politics and hope to leave a name in history. The result is like Liu Bang, the emperor of the Han Dynasty. Trouble, surrounded by foreign enemies, got a good head mark. After the current government came to power, in addition to improving social order and national security, the most important thing is to improve the economy.
Some people would think that Tsang Yam-kuen was a rich man before he became chief executive, and he was a civil servant, and economics is his strong point. The current chief executive, Li Jiachao, was a military general, and it seems that he is not familiar with economics. Tea friends have heard that although Li Jiachao is not a civil servant and has no financial experience, he likes to focus on the economy. With the background of Hong Kong, there is no need to worry about the lack of financial and economic talents. The most important thing is the general direction. If Li Jiachao puts the economy in an important position and is willing to work hard, he can do well even if he is not a professional. , can have different results. Hong Kong has finally endured the relaxation of epidemic prevention measures and has the opportunity to start anew. If the SAR government can concentrate on economic development, it will fully comply with the meaning of Mr. Che’s signature.
If the SAR government wants to do a good job in the economy, the right time and place have begun to appear. The most important thing is that officials take the initiative to grasp the situation. Taking the Lunar New Year as an example, in order to welcome Golden Week tourists, Macao’s epidemic prevention policy basically fully cooperates with that of the mainland, and the authorities moved quickly. On the 30th of the year, Hong Kong TV was invited to do a local program, obviously to solicit tourists from the Greater Bay Area. The event is dominated by two gaming companies Galaxy (027) and Melco (200), which have renewed their licenses, but the most important thing is the government’s mediation. Macao government-business cooperation, the government has a strong initiative, so it is easier to achieve results. How to ask officials to do their homework, the chief executives of Hong Kong and Macao eat at the same table and practice separately.
Golden Week wins first in Macau
Hong Kong has always been dominated by the market, so mobilization in many areas is sometimes insufficient. Someone mentioned whether Hong Kong tourism and business exchanges can resume as soon as possible. Flights are very important, but as the largest local airline, Cathay Pacific (293) has resumed its capacity The plan seems to be not fully grasped, especially in the management of labor relations, which is not reassuring. After the outbreak of the epidemic, Cathay Pacific sought support from the SAR government. The authorities agreed to pump 40 billion yuan as support. Since the government has a lot of public funds to support the company, it has the responsibility to do a good job in supervision and require Cathay Pacific to fulfill Hong Kong’s largest It is the airline’s responsibility to restore local flight capacity as soon as possible.
During the Golden Week competition, the number of endorsements issued by the securities industry from the mainland is estimated to be more mainland tourists than Hong Kong, so there is a good chance that Macao will win the first battle. The industry in Macau is relatively single. It is a single-material copper pot. Hong Kong is a big pond with different sectors of the economy. Tourists come to Hong Kong not only for leisure, but also for investment and business. The depth of development is relatively high, and the effect brought by the return to normal is more sustainable, especially in the Greater Bay Area. , will play the locomotive role together with Shenzhen and Guangzhou, so not only tourism and retail can benefit from the return to normal, but also large-scale industries such as finance and insurance can benefit, and the benefits involved are also huge. The key lies in whether Hong Kong can take these Make good use of the advantages so that they can be maximized in the end.
Jin Riku
