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playfreestrippokeronline| Acceptance: Hang Seng Index rose 0.42% Hang Seng Index rose 0.55% Precious metals sector gained strong momentum

Politics 2024-05-20 17:34 41 editor

May 20 newsplayfreestrippokeronline, the three major Hong Kong stock indexes collectively closed higher. As of the close, the Hang Seng Index rose 0.0%playfreestrippokeronline.42%, reported at 19,636playfreestrippokeronlineAt.22 points, the Hang Seng Technology Index rose 0.55%, and the State-owned Enterprise Index rose 0.44%. On the market, the trends of science and technology stocks diverged. Jingdong rose more than 2%, Netease rose more than 1%, Baidu fell more than 3%, and Meituan fell nearly 1%playfreestrippokeronline; Precious metals sectors surged collectively, with Lingbao Gold rising more than 13%, leading gold stocks. China Silver Group surged more than 52%, copper stocks were among the top gainers, and Minmetals Resources rose more than 7%. Auto stocks strengthened, and Xiaopeng rose more than 7% led the lead; home-based stocks generally fell, with Shimao Group falling more than 11%; home appliance stocks were among the top losers, with Haier Zhijia falling more than 4%.

Gold stocks rose sharply collectively, with Lingbao Gold rising more than 13%. On the news front, the increase in expectations of interest rate cuts at home and abroad combined with the resurgence of geopolitical risks in the Middle East, and gold prices continued to rise. Spot gold hit US$2450/ounce upward, rising 1.5% during the day, continuing to hit a record high; in addition, on May 20, the official websites of many gold jewelry brands such as Chow Tai Fook showed that their domestic gold jewelry prices exceeded 742 yuan/gram.

playfreestrippokeronline| Acceptance: Hang Seng Index rose 0.42% Hang Seng Index rose 0.55% Precious metals sector gained strong momentum

Copper stocks were among the top gainers, with Minmetals Resources rising more than 7%. On the news front, during the Asia-Pacific trading session on May 20, COMEX gold futures, COMEX silver futures, and COMEX copper futures continued to rise, all hitting multi-time highs. Due to concerns about possible supply disruptions in the Middle East, precious metals and industrial metals have once again become hot spots for investors to go long. Analysts continue to be optimistic about the subsequent gains of these precious metals in this round, with some analysts even believing that buying copper is the best deal now.

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