The Hong Kong stock market was suppressed by profit taking and closed at a one month low

Huitong Network3month3Daily News - Friday(3month3day)The Hong Kong stock market closed at a one month low due to profit taking, as investors were concerned that rising US interest rates would push up borrowing costs. Investors are also paying attention to the fifth session of the 12th National People's Congress of China, which opens on Sunday.

Hang Seng Index closed lower0.7%to23552.72Point, state-owned enterprise index falls1.0%to10,144.47Point. The Hang Seng Index has accumulated a decline this week1.7%The Hang Seng State Owned Enterprise Index has declined1.3%。
Hong Kong Stock Closing: The Hang Seng Index closed at a three week low, dragged down by concerns of US interest rate hikes
In terms of fund flow through the Shanghai Hong Kong Stock Connect, the net outflow from the Shanghai Stock Connect2.94Billion Hong Kong Stock Connect(Shanghai)The net inflow is temporarily8.71a hundred million In terms of fund flow through the Shenzhen Hong Kong Stock Connect, the net inflow through the Shenzhen Stock Connect5.38Yiyi, Hong Kong Stock Connect(deep)The net inflow is temporarily2.04One billion.

The speech delivered by Federal Reserve officials hinted at the need for a rate hike, and the implicit possibility of a rate hike this month has risen74%At the beginning of this week, only30%。

CITIC Securities(Hong Kong)Investors need to closely monitor the potential impact of US interest rate hikes on the renminbi and bond markets.

Major stocks in the Hong Kong market have all declined, with real estate stocks experiencing the largest decline. Xinhe Real Estate fell1.45%Report13.6Hong Kong dollars; Sun Hung Kai Properties fell1.41%Report113Hong Kong dollars; Henderson Land fell1.82%Report19.42Hong Kong dollars; Henderson Land fell1.31%Report45.05Hong Kong dollars; New World Development Decline2.26%Report9.93Hong Kong dollars.
RMBhttp://news.fx678.com/news/keywords/cny.shtml