According to the news on May 10, the three major indexes of Hong Kong stocks were mixed. By the close of noon, the Hang Seng Index was up 1.Powerball1number.74%, at 18859.6 points, the Hang Seng Technology Index fell 0.28%, and the State-owned Enterprises Index rose 1.8%. In the market, the trend of science and Internet stocks is divided, Alibaba is up more than 1%, NetEase and Baidu are down more than 1%, tax on dividend profits of Chuanggang stocks will be reduced, high dividend stocks such as coal, telecommunications and banks are up sharply, and Shenhua of China is up more than 5%. The three major telecommunications operators are all up about 4%; the inner risk stocks are up obviously, China Taibao is up more than 8%, and the inner housing stocks are collectively exploding, and Shimao Group is up 58%. It is said that the United States intends to impose tariffs on Chinese electric cars, automobile stocks are lower, ideal and Weilai are down more than 3%, and industrial chain sectors such as lithium electricity and photovoltaic are also weak.
High dividend stocks such as coal, telecommunications and banks soared. China Shenhua rose more than 5%, and the three major telecom operators all rose about 4%. On the news, Bloomberg quoted people familiar with the matter as saying that China is considering reducing the amount that mainland individual investors have to pay when they invest in Hong Kong stocks through the Hong Kong Stock Connect.Powerball1number20% of the income tax to avoid double taxation between the two places. If the relevant plan is implemented, it is expected to further improve the liquidity of Hong Kong stocks and attract companies to come to Hong Kong to raise capital. CICC believes that if the tax relief on Hong Kong stock dividends is implemented, it is expected to further boost mainland investors' enthusiasm for Hong Kong stocks, especially those related to high dividends, boost sentiment in the short term and improve liquidity in the Hong Kong stock market in the long run.
Inner housing stocks broke out collectively, led by a 58% rise in Shimao Group. On the news side, on May 9, Hangzhou and Xi'an, the two core second-tier cities, have lifted housing purchase restrictions one after another. At present, the provinces or cities that still retain housing purchase restrictions in the country, except for Beijing, Shanghai, Guangzhou and Shenzhen, only Hainan Province and Tianjin are still in a state of partial liberalization of purchase restrictions.
Auto stocks fell, ideal, Weilai fell more than 3%. The Biden administration is preparing to announce a comprehensive decision on tariffs on China as soon as next week, which is expected to impose new targeted tariffs on some key industries such as electric vehicles, batteries and solar equipment, Bloomberg said, citing people familiar with the matter. at the same time, it rejected the Trump administration's proposal to impose across-the-board tariffs. The decision is the final result of a review of so-called Section 301 tariffs first imposed during the Trump administration.