中國500強上市公司15分鐘100億閃崩到1億，香港股市只是技術性調整，還是基本面變呢？

Summary

This video delves into the recent unprecedented crash of Tianrui Cement's stock price in Hong Kong, highlighting its impact on the market and the broader economic implications. It explores the challenges facing Hong Kong as a financial center, comparing it to Singapore's rising status. The video also examines the economic downturn, job layoffs, and the decline in market confidence, raising questions about Hong Kong's future. Additionally, it introduces Longbridge Securities as a premier investment platform, offering exclusive benefits to users. The episode invites viewers to discuss their thoughts and engage with the channel for more updates.

Takeaways

• 📉 Tianrui Cement's stock price crashed by 99% in just 15 minutes, dropping from HK$14 billion to HK$140 million.
• 📊 The Hang Seng Index has been on a downward trend since the start of 2024, raising concerns about Hong Kong's status as an international financial center.
• 📉 Major layoffs are occurring across both foreign and Chinese companies in Hong Kong, signaling economic instability.
• 🇸🇬 Singapore is increasingly seen as surpassing Hong Kong as Asia's leading financial center due to better handling of the pandemic and attracting foreign investments.
• 🏛️ The implementation of the national security law in Hong Kong has affected business freedom and stability, contributing to economic decline.
• 🏠 The Hong Kong housing market is facing significant challenges, with a surge in negative assets and declining consumer confidence.
• 🧳 There has been a notable shift in travel patterns, with more Hong Kong residents traveling to Shenzhen for consumption.
• 💼 The financial industry's contribution to Hong Kong's GDP has diminished, impacting overall economic performance.
• 📉 The Hong Kong stock market has seen a continuous decline, exacerbated by the Chinese government's crackdowns on various industries.
• 💰 Longbridge Securities offers a permanent commission-free service for trading Hong Kong and US stocks, providing luxurious and exclusive benefits to its users.

Q & A

What caused the stock price of Tianrui Cement to crash by 99% in April 2024?

The exact cause of Tianrui Cement's stock price crash is currently unknown. One of the most likely reasons is the procedural confusion of individual brokers and the lack of liquidity in the Hong Kong stock market, leading to a 'suicidal liquidation'.

How did the market value of Tianrui Cement change after the crash?

The market value of Tianrui Cement changed from HK$14 billion to HK$140 million after the stock price crashed by 99%.

What major trend has the Hang Seng Index been experiencing in 2024?

The Hang Seng Index has been falling continuously in 2024, although it seemed to recover slightly after the Lunar New Year.

What impact have foreign and state-owned enterprises had on the employment situation in Hong Kong recently?

Major foreign banks and state-owned enterprises, which have rarely laid off employees in the past, have begun to fire employees, leading to widespread concern about job security in Hong Kong.

What are some of the reasons behind Hong Kong losing its status as Asia's leading financial center to Singapore?

Key reasons include the strict national security law, economic performance decline, brain drain due to strict epidemic prevention policies, and Singapore's successful attraction of foreign investment and talent.

How has the Hong Kong government's 'governance and prosperity' slogan been received in light of recent economic challenges?

The slogan 'governance and prosperity' has been met with skepticism. While Chief Executive Lee Ka-chiu calls for understanding and adaptation to current changes, many observers remain doubtful about the effectiveness of these measures in reviving Hong Kong's economic prosperity.

What effect has the recent trend of Hong Kong residents traveling to Shenzhen had on local tourism and consumption?

The trend of Hong Kong residents traveling to Shenzhen for consumption has negatively impacted local tourism and the livelihood consumption industry in Hong Kong, with many local businesses struggling.

What are some of the challenges facing the Hong Kong housing market according to recent data?

The Hong Kong housing market is facing challenges such as a surge in negative assets, which reached 25,163 cases in the fourth quarter of 2023, a significant increase from the previous quarter.

How has the stock market performance in China and Hong Kong been unique compared to other major markets globally?

The stock markets of China and Hong Kong are the only ones in the world that have been declining for three consecutive years, exacerbating a serious decline in investor confidence and resulting in a significant withdrawal of foreign capital.

What is the significance of Longbridge Securities as mentioned in the video?

Longbridge Securities is highlighted as a well-known one-stop investment platform that offers commission-free trading for Hong Kong and US stocks, providing luxurious and exclusive benefits for its users.