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Jiaxin Wealth Management: It is expected that the Federal Reserve will cut interest rates twice this year, and the US economy and stock market will continue to show a "K-shaped" recovery.
Gary Kwok, a financial advisor at Jiaxin Financial Hong Kong, expects the Federal Reserve to cut interest rates twice this year, possibly starting at the September meeting, with a total reduction of 50 basis points.
Ken Shing Wealth Management Hong Kong financial advisor Guo Mingshen expects the Federal Reserve to cut interest rates twice this year, with a total reduction of 50 basis points starting at the September interest rate meeting. In addition, he is inclined towards long-term bonds. He also sees potential in the financial, energy, and raw materials industries. Guo Mingshen further stated that the US economy and stock market continue to exhibit a "K-shaped" recovery, with significant divergence likely to occur in areas of strength and weakness. Guo Mingshen stated that a moderate government bond interest rate environment should benefit the stock market, but significant fluctuations in interest rates, whether up or down, could lead to greater volatility. He believes that in the case of two interest rate cuts, he leans towards favoring long-term bonds. In addition, he also sees potential in the financial, energy, and raw materials industries. Furthermore, Ken Shing Wealth Management Hong Kong financial advisor Lin Changjie stated that finding the right mix of fixed income asset categories will be key to achieving good performance. He emphasized that for fixed income asset investors, the higher the current income, the less impact price fluctuations will have on total returns for investors. He believes that investing in a diversified fixed income asset allocation consisting of assets with better credit quality can help investors achieve attractive bond yield returns, and total returns may also be recorded. Additionally, he recommends extending the duration of fixed income investments to mitigate reinvestment risk. He also mentioned that investors should focus on securities with better credit quality, such as government bonds and investment-grade corporate bonds.
HSBC Securities: Rate cuts in the US are beneficial to Asian stock markets. It is recommended to increase holdings in Chinese and South Korean stocks.
Qiu Dongrong speaks for the first time after stepping down: Very positive and optimistic about the market, Hong Kong stocks are attractive.
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