Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and insurance stocks rose, Sunac China rose nearly 24%, and AIA Insurance rose nearly 8%
Technet stocks had mixed ups and downs. NetEase rose nearly 3%, Meituan fell nearly 3%; auto stocks rose one after another, with Zero Running up more than 9%, and Xiaopeng Motors rising nearly 5%.
Intraday Overview | The Hang Seng Index entered a technical bull market, and the Tech Index rose more than 1.7%
Technology stocks strengthened; Shangtang and BYD Electronics rose more than 6%, and NIO rose more than 5%; Youbi Choice rose more than 15%, and the company took the lead in developing the “Tiangong” robot platform.
Changes in Hong Kong stocks | Macau International Development (00200) rose more than 10% to lead gaming stocks, and the National Immigration Administration introduced six policies and measures to facilitate entry/exit management for private enterprises
Gaming stocks generally rose in early trading. As of press release, Macau International Development (00200) rose 9.39% to HK$5.94; Sands China (01928) rose 4.38% to HK$19.54; Aobo Holdings (00880) rose 3.5% to HK$2.96; and Galaxy Entertainment (00027) rose 3.09% to HK$36.7.
Changes in Hong Kong stocks 丨 Hao Gaming stocks strengthened collectively, Sands China rose more than 5%, and the Mainland announced a policy to optimize business endorsements
Glonghui, April 29 | Hong Kong stock gambling stocks strengthened collectively. Among them, Macau International rose more than 8%, Aobo Holdings and Sands China rose more than 5%, Galaxy Entertainment and MGM China rose nearly 4%, and Wynn Macau rose nearly 2%. According to the news, the State Administration of Immigration has decided to introduce six policies and measures to facilitate the entry and exit management of private enterprises starting May 6. 1. In 20 cities including Beijing, we have piloted a “full online process” for issuing and issuing additional entry documents. 2. Implement “smart quick processing” and “nationwide processing” for business endorsements to Hong Kong and Macau. 3. The six categories of talents from Beijing and Shanghai can apply for talent endorsements to Hong Kong and Macau. 4. Extend the number of people with business endorsements to Hong Kong and Macau
The number of inbound visitors to Macau increased 79% year-on-year in the first quarter to 8.875,800
On April 22, the Macao Statistics and Census Service announced that the total number of inbound visitors in the first quarter of this year was 8.875,800, up 79.4% year on year, and recovered to 85.7% in the same period in 2019.
Changes in Hong Kong stocks | Macau International Development (00200) rose more than 4%, leading the gaming stock market to enter Macau's May 1st Golden Week with an average of 130,000 visitors per day
Gaming stocks rebounded collectively today. As of press release, Macau International Development (00200) rose 3.8% to HK$5.19; Aobo Holdings (00880) rose 3.45% to HK$2.7; Wynn Macau (01128) rose 2.51% to HK$7.36; and Galaxy Entertainment (00027) rose 2.08% to HK$34.35.
Hong Kong bullish stocks this week | 80% increase in the month! TCL Electronics surged more than 16% this week; CRRC surged nearly 11% the day after
Benefiting from the acceleration of nuclear power approval, CGN's stock price has been rising for five consecutive days; coal supply and demand continued to be tight, and Mongolian coking coal increased by more than 11% during the week.
A quick look at the Hong Kong market | Tech Index fell more than 2%, Tech Net stocks generally declined, and Xiaomi and Kuaishou fell more than 3%
Auto stocks declined, with Ideal Auto and Xiaopeng Motors falling more than 7%; petroleum stocks reversed the market and CNPC rose more than 2%.
Intraday Overview | Hong Kong stocks continued to rise. The three major indices all rose by about 1%, and insurance and aviation stocks had the highest gains
Sporting goods stocks rose, with Anta Sports and Taobo up more than 3%, and Special Step up more than 2%; insurance stocks generally rose; China Ping An and China Financial Insurance rose about 4%; aviation stocks strengthened, and China Southern Airlines rose about 5%.
A quick overview of the Hong Kong market | The three major indices closed up slightly, and the Hang Seng Index stopped falling for 4 consecutive years
Semiconductor stocks strengthened, with Shanghai Fudan up more than 8%; heavy infrastructure stocks rose, with China Metallurgical, China Railway, and China Communications Construction up about 3%.
Xiaomo: Downgrading Galaxy Entertainment (00027) and Melco International Development (00200). Recovery progress is disappointing
Komo sees MGM China (02282) and Wynn Macau (01128) as “clear winners.”
Morgan Stanley Downgrades Galaxy Entertainment to Equalweight From Overweight, Adjusts Price Target to HK$38 From HK$46
Galaxy Entertainment Group (HKG:0027) has an average rating of buy and price targets ranging from HK$38 to HK$64, according to analysts polled by CapitalIQ.
Hong Kong Stock Afternoon Review | Hang Seng Index and Technology Index fell slightly; chip stocks rose more than 5% in Fudan, Shanghai
Heavy infrastructure stocks generally rose; China Zhongzhi and China Railway rose about 3%; gaming stocks continued to decline, and Galaxy Entertainment fell more than 5%.
Intraday Overview | Domestic housing stocks and telecom stocks generally rose. Sunac China rose more than 5%, and China Telecom rose about 3%
The three major indices weakened slightly. Most gaming stocks fell, Galaxy Entertainment fell more than 5%, and Sands China and Macau International Development fell nearly 4%.
Changes in Hong Kong stocks | Gaming stocks continue to fall recently, and the gaming law may put pressure on the intermediary business, Citi maintains its April gambling revenue forecast of 18.5 billion
Gaming stocks continued their recent decline. As of press time, Galaxy Entertainment (00027.HK) fell 3.4% to HK$35.55; Melco International Development (00200.HK) fell 3.66% to HK$5; Sands China (01928.HK) fell 2.74% to HK$19.12; and Wynn Macau (01128.HK) fell 0.27% to HK$7.42.
Express News | Macau's VIP gaming revenue in the first quarter rose to the highest level since the first quarter of 2020
Morgan Stanley downgraded Galaxy Entertainment's rating to a flat rate, with a target price of HK$38.
Morgan Stanley downgraded Galaxy Entertainment's rating to a flat rate, with a target price of HK$38.
A quick overview of the Hong Kong market | Science Index fell more than 3%, Science Network stocks weakened, and Bilibili fell more than 5%
Auto stocks fell sharply, with NIO falling more than 10%, and Xiaopeng Motors falling more than 5%; gaming stocks continued to decline, with Aobo Holdings falling nearly 7% and Sands China falling nearly 6%.
Hong Kong Stock Afternoon Review | The three major indices continued to weaken, the Tech Index fell nearly 3%, and Tech Net stocks and auto stocks generally fell
Biotech stocks fell collectively; Kingsley Biotech fell more than 4%; Genting Xinyao fell by more than 3%; gaming stocks fell, with Aobo Holdings and Sands China falling more than 4%; insurance stocks fell by more than 3%; and China Ping An fell nearly 2%.
Intraday Overview | The three major indices fell sharply. Technet stocks and auto stocks collectively declined, and NIO plummeted more than 10%
As of press release, the Hang Seng Index was down 1.58%, the China Index was down 2.4%, and the China Index was down 1.38%.
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