开门红

A Great Start to the Year

This phrase signifies a successful beginning, often used to describe a prosperous start in business, a good omen for upcoming endeavors, or a positive kickoff to a new phase. It is commonly used during celebrations or at the start of a new year to express hopes for continued success and good fortune.

Today, Hong Kong stocks rebounded sharply, with the Hang Seng Index and Hang Seng Tech Index all gaining across the board, which is a clear positive for tomorrow’s A-shares. [Taogu8]
Hong Kong stocks initially declined then rose again, which also indicates that even if A-shares open slightly lower tomorrow, they will rebound and start with a strong opening.
Today’s rebound in Hong Kong stocks shows that negative factors have been fully digested during the long holiday, so A-shares are expected to open with a more stable sentiment tomorrow.
Funds flowing back after the holiday are expected to lead to a rebound trend.

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