2008-07-20

Hong Kong stocks did not follow the U.S. nearly two months the first time recorded a net inflow of funds

Hong Kong market has been volatile in the near future, due to the linked exchange rate for Hong Kong's financial and economic policies need to follow the direction of the United States, the United States is not yet fully optimistic about the situation, although the credit crisis has been the worst moment of the past, but the poor performance of enterprises, according to the impact of Lingering credit turmoil negative impact on the economy, the stock market has fully entered a bear market. In addition, the United States as a global financial capital market centre, its instability will continue to bring destruction on global stock markets, Hong Kong equities as a fully liberalized market, the impact will continue to the end after the interim results.

Hong Kong stock market last week did not completely follow the trend of the United States, because the market has been looking forward to the Mainland in this week's CPI will rise over a quarter of decline. Wang stressed the market began looking forward to the direction likely to be some adjustments to support the market's confidence, offset by a majority of U.S. influence.

Hong Kong investment community now feel that the Mainland before the Olympic Games will be introduced to stabilize the economy or the stock market and the measures that can be said that Hong Kong stocks can support one of the few positive factors. However, in the financial market crisis and inflation of the double attack, the global economy was "recession" and "inflation" between the struggle, I believe, the stock market to full recovery, may also depend on economic recovery after the first quarter of next year can be Conclusion. General U.S. economic recession it takes about 3-5 quarters, so that next year, the United States, the problem will still be affected by.

At present, when international oil prices will come down, and food when the imbalance between the supply and demand improved, is still unknown number of global inflation is now difficult to predict when it began to slow down. Europe and the United States economic downturn on the impact of emerging markets will continue to surface. However, if the global economic slowdown intensified, would increase the risk of deflation, the central bank will have to curb inflation and raising interest rates, but may cut interest rates make a U-turn.

Asia-Pacific region as a whole has yet to be poor market sentiment, capital flows slight improvement, the authors refer to some recent data, the Asia-Pacific stock funds last week, more than 1 billion U.S. dollars recorded a net inflow of funds, of which half is the inflow of funds related to the Mainland and Hong Kong And stock, which since mid-May, nearly two months the first time the Hong Kong stock market recorded a net inflow of funds.

But short-term, the U.S. housing market continued instability, coupled with oil prices at record highs once again Biao, Hong Kong stocks early this week has not escape the fate of fluctuations. In addition, listed companies have latest medium-term forecasting ability to remain bright, or again disappointed the market, institutional investors will also be about investment decisions. (Wen-day satisfaction)