The Federal Reserve continues to forge ahead with the forecast of raising interest rates and raising interest rates. The US exchange rate index rose four times in a row, rising more than 1.5 per cent last Friday, reaching a 20-and-a-half-year high in 113.23. The market is worried that interest rates will continue to rise or plunge the economy into recession, and US stocks have fallen four times in a row. The three major indexes fell 2.7 per cent last Friday, with the Nasdaq the worst, falling as low as 10732 and closing down 1.8 per cent, but the Nasdaq 100 delivery continued to fall 1 per cent to 11265. The Jinlong china index, which reflects the performance of Chinese stocks, fell 2 per cent on Friday. However, the Hong Kong sector index fell as low as 3556 this morning (holding steady the low set in mid-March). The U-turn was up 3.1 per cent and 3699 was unsustainable. it is now trading at 3508, up only 0.5 per cent. The stock prices of 09868.HK and 02015.HK rebounded from their low and four-month lows respectively, reaching as high as 57.35 yuan and 101.3 yuan, respectively, and are now trading at 55.35 yuan and 99.4 yuan, up 7.5% and 4.4%, respectively. National Day Golden week is approaching, looking forward to an increase in demand, Ctrip (09961.HK) rose twice in a row, the highest reached 224 yuan, is now quoted at 214.6 yuan, a further 3.8%. Domestic demand stock Haier Zhijia (06690.HK) fell 2.8 per cent to 24.2 yuan. Meituan (03690.HK), from a four-month low of 159.4 yuan to a U-turn of 170.6 yuan, is now trading at 166.1 yuan, up 3.6%. JD.com (09618.HK) repeatedly rallied 1.3 per cent to 207.6 yuan. 00700.HK shares have fallen three times in a row, rising 2.5 per cent from a four-year low of 273.2 yuan to a high of 287.6 yuan, now trading at 282.2 yuan. Xiaomi (01810.HK) has gone from a two-and-a-half-year low of 9.31 yuan to a U-turn of 9.89 yuan, up 1.8 percent to 9.63 yuan. Universal data (09698.HK) rose 1.7 per cent to 20.45 yuan. Ali Health (00241.HK) repeatedly rallied 2.5% to 3.74 yuan. However, 00200.HK fell 4.1 per cent to Rmb1.86, re-testing the listing low of Rmb1.84 set last week. Lenovo Group (00992.HK), BYD Electronics (00285.HK), Zhongan online (06060.HK), Kingdee (00268.HK) and Ping an good Doctor (01833.HK) fell more than 1%, while the latter two were the worst, at 11.4 yuan and 16.44 yuan respectively, the lowest in nearly two and a half years and more than four months.