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Today (October 14), Hong Kong stocks resumed trading after the holiday, opening slightly lower with the Hang Seng Index down 1.70%. Real estate stocks rebounded collectively, driven by new policies from the Ministry of Finance, boosting market sentiment. Mainland banks and infrastructure stocks also showed strong performance, and cross-border ETFs saw significant gains, indicating multiple positive signals in the market.
On October 14, Hong Kong stocks resumed trading after the holiday, with the Hang Seng Index at 20,876 points, down 1.70%. Real estate stocks rallied, with R&F Properties, Sunac China, and Vanke all posting gains. R&F Properties rose over 6%, Sunac China surged more than 8%, Vanke rose over 4%, and Greentown China gained more than 6%. The rally was mainly driven by the Ministry of Finance's clear direction on real estate fiscal policy. Additionally, mainland banks and infrastructure stocks performed steadily, while cross-border ETFs also saw strong growth, with several ETFs gaining over 4%.
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