U.S. Stocks 

Fundamental Analysis: 

The Dow closed at 35515.38-points last week, while the S&P 500 closed at 4468.00-points last Friday,13th August 2021, with both hitting new record highs. 　

The blue-chip Dow and S&P 500 rose slightly last week by 0.8% and 0.7% respectively. The technology-dominated Nasdaq, underperformed last week, falling slightly by less than 0.1%.

The yield on the benchmark 10-year U.S. Treasury note was last seen at 1.283%. In addition, bond yields have fallen as prices have risen.

Technical Analysis: 

(Dow30，1-hour chart) 

Execution Insight: 

Today, on Dow, pay attention to the 35346-line. Once the strength of Dow falls below the 35346-line, it will open up further downside potential. At that time, pay attention to the support of the 35110 and 34870 positions.

Hong Kong Stocks 

Fundamental Analysis: 

In the morning, the main indexes of the Hong Kong stock market fluctuated and weakened.

As of press time, the Hang Seng Index fell by 0.2%, the Hang Seng China Enterprises Index (HSCEI) fell by 0.2%, and the Hang Seng Technology Index fell by 1.5%.

On the market, the Hang Seng Index’s blue-chip stocks were mixed, with China Resources Land Ltd. (1109.HK) rising by over 3%, Xinyi Solar Holdings Ltd. and Sunny Optical Technology (Group) Co. Ltd. falling by over 4%, with BYD falling by over 3%.

Most of the Hang Seng Technology Index constituent stocks fell. Bilibili Inc. -SW fell by more than 6%, NetEase Inc -S, Xiaomi Corporation -W, etc. fell by more than 1%. On top of that, ZhongAn Online P&C Insurance Co. Ltd rebounded by nearly 4%, while Lenovo Group Ltd. rose by more than 2%.

In terms of industry sectors, photovoltaic wind power, automobiles, and software technology stocks fell significantly. Whereas building materials, cement, beer, etc. rose slightly.

Technical Analysis: 

(HK50，1-hour chart) 

Execution Insight: 

Today, on HK50, continue to focus on the 25816-line. If HK50 runs above the 25816-line, it will focus on the suppression of the 26535 and 26951 positions. If the strength of HK50 falls below the 25816-line, attention should be diverted to the support of the 25160-line.

FTSE China A50 Index 

Technical Analysis: 

(A50，1-hour chart) 

Execution Insight: 

On A50, continue to pay attention to the 15666-line today. When A50 is above the 15666-line, the main idea is to maintain the bullish trend. At that time, pay attention to the suppression of the 16163 and 16442 positions. If A50 falls below the 15666-line, then pay attention to the support of the 15184-line.

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