Hong Kong Stock Market Miracle Day

Today, I will introduce the miracle day event in the Hong Kong stock market. Hong Kong Stock Market Miracle Day Event Miracle Day is an anecdotal word about Hong Kong stock market. The following are the days known as the "Great Miracle Day" of the Hong Kong stock market over the years:

On August 17, 2007, the Hang Seng Index fell by more than 1 0,200 points in the afternoon, reaching a minimum of19,363 points. However, before the close, due to the rumors of the through train of Hong Kong stocks, the Hang Seng Index suddenly rebounded sharply, with the rebound rate exceeding 1 1,000 points and closing at 20,387 points.

On September 18, 2008, the Hang Seng Index fell by more than 1 3,000 points in the morning, reaching a minimum of16,283 points. However, in the afternoon, due to the injection of funds into the market by many central banks and the Hong Kong Monetary Authority, the Hang Seng Index suddenly rebounded sharply, and even rose by more than 200 points, with the rebound rate exceeding 1 1,500.

On September 30th, 2008, because the US Congress rejected the US government's $700 billion rescue plan the day before yesterday, the Dow Jones Industrial Average recorded the biggest decline of 777.68 points. As soon as the Hang Seng Index opened, it plunged from 17880.68 to 16898.33, a drop of nearly 1000. Subsequently, the Hong Kong government stepped in to stabilize market confidence, and the index gradually picked up. At the close, it rose by 135.53, and the fluctuation range reached 1 100 points.

To sum up, we know the miracle day event in the Hong Kong stock market.