MING YUAN CLOUD: 2024 ANNUAL REPORT
No obvious bearish signals have appeared, and the Hong Kong and A-share markets are collectively undergoing adjustments! What happened?
Analysts believe that this sell-off may be related to the withdrawal of long positions.
Technology stocks are rebounding, while high-profile stocks are collectively "cooling down". The market may enter a critical period for switching between high and low performances.
Track the entire lifecycle of the main Sector.
Trump's softened stance towards China boosts Hong Kong stocks with two main lines! Leading fruit chain companies surged over 6%, and tech giants followed suit.
① How significant is the profit elasticity of Apple supply chain companies with respect to tariff exemptions? ② How do Institutions view the future performance of Technology stocks?
Express News | Trump's attitude towards China has eased! He admits that the tariffs on imports of Commodities from China are too high and expects to significantly reduce them.
Chinese concept stocks returning home are gaining attention again: which companies have not yet returned, and what is the size of the U.S. Hold Positions?
Although the market may gradually become "desensitized" to the tariff rate numbers in the short term, threats or confrontations from the USA in other areas besides tariffs are also emerging. Recently, U.S. Treasury Secretary Mnuchin threatened that the possibility of delisting Chinese company stocks from U.S. exchanges could not be ruled out.
Trump: We will reach an agreement with China and everyone else.
Recently, the USA has been continuously negotiating with various parties regarding tariff issues, but has not yet announced a preliminary trade agreement with any of the countries. In response, Trump stated on the 17th that the US government "is not in a hurry" to announce agreements with specific countries.
April 16th buyback collection | AIA, HSBC Holdings, and others have made buybacks, with AIA spending 0.189 billion HKD.
According to the documents disclosed by HKEX on April 17, shares were repurchased by $AIA(01299.HK)$, $HSBC Holdings(00005.HK)$, and others. ① $AIA(01299.HK)$ repurchased 3.6 million ordinary shares on April 16, involving an amount of 0.189 billion Hong Kong dollars, with a repurchase price ranging from 52.85 Hong Kong dollars to 51.85 Hong Kong dollars per share. Since the resolution for the repurchase authorization, the cumulative number of repurchased securities has reached 0.553 billion shares, accounting for 4.922% of the number of shares issued at the time of the ordinary resolution approval. ② $HSBC Holdings(00005.HK)$ on April...
MING YUAN CLOUD (00909.HK) repurchased 0.178 million shares at a cost of 0.4797 million Hong Kong dollars on April 16.
On April 16, 2023, MING YUAN CLOUD (00909.HK) announced that it spent 0.4797 million Hong Kong dollars to repurchase 0.178 million shares at a price of 2.68-2.72 Hong Kong dollars per share.
As the market warms up, Chinese concept stocks are facing a dual choice, and the Hong Kong market may return to being the center of IPOs.
① In the changing landscape of Global trade, Hong Kong, as an international financial center, will welcome a new development scenario, implementing various measures to strengthen its unique market position as a "super connector"; ② Foreign Analysts point out that the delisting risk faced by Chinese concept stocks may lead Hong Kong to become an IPO center once again; ③ It is worth noting that, under the delisting risk for Chinese concept stocks, a choice will be made between returning to the A-share or Hong Kong stock market.
Repurchase collection on April 15 | AIA, CHINAHONGQIAO, and others have repurchased, with AIA spending 0.252 billion HKD.
According to documents disclosed by HKEX on April 16, AIA (01299.HK), CHINAHONGQIAO (01378.HK), and others have repurchased shares. ① AIA (01299.HK) repurchased 4.8 million ordinary shares on April 15, involving an amount of 0.252 billion HKD, with a repurchase price ranging from 52.8 HKD to 52 HKD per share. Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.549 billion shares, accounting for 4.89% of the number of shares issued when the ordinary resolution was passed. ② CHINAHONGQIAO (01378.HK) repurchased on April 15.
MING YUAN CLOUD (00909.HK) spent 0.498 million HKD to repurchase 0.178 million shares on April 15.
MING YUAN CLOUD (00909.HK) announced that on April 15, it spent 0.498 million Hong Kong dollars to repurchase 0.178 million shares.
Goldman Sachs: Maintains a neutral rating on MING YUAN CLOUD (00909) with a Target Price of HKD 2.00.
MING YUAN CLOUD announced its performance for the second half of 2024, with revenue decreasing by 19% year-on-year to 0.715 billion yuan (14% lower than Goldman Sachs' expectations), and the gross margin declined by 5.7 percentage points year-on-year and 6.8 percentage points quarter-on-quarter.
The short-term market sentiment regarding "reciprocal tariffs" has been fully expressed. Is now a good time to invest in Hong Kong stocks?
With the extreme outburst of emotions after the 'reciprocal tariffs' seeming to come to a temporary end, the tariff game appears to have entered a 'second stage'. The Hang Seng Index has retreated over 15% from its late March peak, and the most concerning question for the market is whether now is a good time to 'buy the dip'.
Heavy announcement! The USA exempts some Commodities from "reciprocal tariffs", including chips, laptops, Smart Phones, and others.
Some analysts believe that one of Trump's purposes in wielding the "tariff stick" is to bring American manufacturing back. However, Wall Street is not Bullish on this; a recent report from Bank of America warns that if Apple shifts all iPhone production to the U.S., costs will soar by 90% and face Logistics challenges.
Express News | The USA announced: Communications Equipment, Semiconductors, and Integrated Circuits and other Commodity will be exempt from "reciprocal tariffs."
Firmly counterattack! China imposes a 125% tariff on all American commodities! If the U.S. continues to increase tariffs, China will ignore it.
Given the current tariff levels, there is no possibility for the USA's commodities exported to China to be accepted in the market. If the USA continues to impose tariffs on commodities exported to the USA from China, there will be no response from China.
Hong Kong stock morning report|U.S. stock three major indexes closed lower, Chinese concept stocks showed divergent trends, USD has fallen for three consecutive days.
① In March, inflation in the USA cooled significantly, but economists warn that the impact of Trump's tariffs is about to become apparent. ② The three major U.S. stock indexes collectively closed lower on Thursday, with the Nasdaq down 4.31%; China Concept Stocks showed mixed performance. ③ The EU has suspended countermeasures against U.S. tariffs, with Von der Leyen indicating that further actions may still be implemented. ④ The USD reached a six-month low, international oil prices fell over 3%, and gold prices hit a new historic high.
Sunyu Optical, Lenovo and other Hong Kong technology stocks rebounded strongly as southern capital made crazy purchases.
The Hang Seng TECH Index ETF (513180) has seen a net inflow of approximately 4.27 billion yuan in the past 5 days.
Hong Kong Stock Morning News | The USA suspends tariffs on certain countries, the Nasdaq rises by 12%, and most China Concept Stocks perform strongly.
① Trump announced that he has authorized a 90-day suspension of tariffs on countries that do not take retaliatory actions. ② The NASDAQ index in the US surged 12% in a single day, with most China Concept Stocks rising. ③ China is imposing an additional 50% tariff on all imported goods originating from the USA. ④ The EU will impose tariffs of up to 25% on a range of American products. ⑤ The offshore RMB regained the 7.35 threshold against the USD, while international oil and Gold prices surged.