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This afternoon, the Government of the Hong Kong Special Administrative Region welcomed the passage of the Stamp Duty Legislation (Miscellaneous Amendments) Bill 2024 by the Legislative Council, which exempted the transfer of shares or units of real estate investment trusts and the securities distribution business of option makers, and revised the stamp duty collection arrangements under the paperless securities market system in Hong Kong.21st century business herald reporter learned exclusively from insiders that this week, the personal pension expansion policy will be announced, "the time may be December 12th". It is reported that the investable products included in personal pension may include over-the-counter products tracking nearly 20 broad-based indexes such as Shanghai and Shenzhen 300 Index, CSI 500 Index, CSI 800 Index, GEM Index and Kechuang 50 Index.The latest news of personal pension fund, incremental funds are coming!

At present, the market has also reached a very critical stage. If the large-cap stocks of heavyweights don't make efforts to push the index to a higher level, the short-term risk is relatively large in terms of the current position of CSI 2000 and micro-cap stocks. For example, the CSI 2000 index closed at 2635.58 today, and the high point in January 2022 was 2700.24, which is very close. It has not crossed this high point for more than two years, which shows that the pressure here is very great. If the market does not continue to launch upward, then it is impossible to complete an effective breakthrough by relying on small-cap stocks themselves, and it is impossible to get out of the independent market. Once the platform is effectively established, a larger level of space will be opened, and small-cap stocks will hopefully step out of a larger level of market. Otherwise, this wave of sharp rebound may stop here.Federal Reserve's December OutlookIf we can continue to cut interest rates in December, it will undoubtedly be a big plus for A shares, and the pressure on the exchange rate will be further reduced, which may become a turning point in the short term.

Statement: Personal opinion, for reference only!At present, I am optimistic about tomorrow's trend. It is stronger than expected to maintain this trend today. Although the index has not increased much, the short-term trend at the daily level is still upward, and the quantity can be maintained. Should it continue to rise? The probability of continuing to close up tomorrow is still very high, and the short-term trend of the 60-minute level is to go well again.21st century business herald reporter learned exclusively from insiders that this week, the personal pension expansion policy will be announced, "the time may be December 12th". It is reported that the investable products included in personal pension may include over-the-counter products tracking nearly 20 broad-based indexes such as Shanghai and Shenzhen 300 Index, CSI 500 Index, CSI 800 Index, GEM Index and Kechuang 50 Index.