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Kuaishou Technology-W (01024): traffic continues to grow and organizational adjustment is expected to improve operational efficiency
Kuaishou Technology-W received a net purchase of southbound funds for four consecutive days.
Kuaishou Technology-W received a net purchase of southbound funds for four consecutive days, with a cumulative net purchase amount of HK $2.948 billion and its share price down 9.76 per cent. Hong Kong Stock Connect (including Shanghai Stock Connect and Shenzhen Stock Connect) traded a total of HK $16.534 billion, with a net purchase of HK $372 million, according to statistics from the Securities Times. Among the active stocks listed on the list on November 29th, Kuaishou Technology-W had a turnover of HK $774 million through the Hong Kong Stock Connect channel and a net purchase of HK $215 million. Not only that, the stock has been traded for four consecutive days.
Xinhua News Agency: Internet advertising may face new rules, constantly releasing market norms and development signals.
The General Administration of Market Supervision previously issued the measures for the Administration of Internet Advertising (draft for Public consultation) to solicit opinions from the public for a period of one month.
Five stocks were bought by southbound funds in a row.
Among the stocks on the active trading list of Hong Kong Stock Exchange on November 29th, 5 shares were bought by southbound funds, namely Smoore International Holdings Limited, Kuaishou Technology-W, Meituan-W, Semiconductor Manufacturing International Corporation, Wuxi Biologics and so on. Hong Kong Stock Connect (including Shanghai Stock Connect and Shenzhen Stock Connect) traded a total of HK $16.534 billion, with a net purchase of HK $372 million, according to statistics from the Securities Times. Among the active stocks listed on the list on November 29th, 11 shares were bought net by southbound funds, while Popomat led the list with a net purchase of HK $246 million. Kuaishou Technology-
Hong Kong Stock Connect Kuaishou Technology-W has a net inflow of HK $215 million
The net inflow of water from the north to the south is Kuaishou Technology-W (01024.HK), Meituan (03690.HK) and Tencent (00700.HK), reaching HK $215 million, HK $147 million and HK $94.22 million respectively. The highest net inflow of funds into active shares of Hong Kong Stock Connect (Shanghai) is HK $1.518 billion for Meituan (03690.HK), while the highest net outflow of shares is HK $206 million for ANTA Sports Products (02020.HK). The highest net inflow of funds from Hong Kong Stock Connect (Shenzhen) into active shares is HK $273 million from Kuaishou Technology-W (01024.HK), while the highest net outflow of funds from shares is Midea.
One picture reads the organization's comments on the star company's Q3 financial report and the target price.
Tianfeng Securities said Tencent was expected to see an inflection point in 2022, and Citigroup gave Tencent a target price of HK $703. Soochow Securities said increased competition in the e-commerce sector led to BABA's core profit margin continuing to decline, and Guotai Junan lowered BABA's target price to HK $185.
The net sale of Byd Company Limited in Beishui was nearly HK $300m, increasing the position of Kuaishou Technology for four consecutive days, while Nanshui sold more than 900 million yuan in Guizhou Moutai.
Southbound funds bought a net HK $702 million today, while Pop Mart International, Kuaishou Technology and Great Wall Motor received a net purchase of HK $246 million, HK $215 million and HK $182 million respectively, while northbound funds bought a net of 3.284 billion yuan today. Ningde Times, Sunshine Power, and Pudailai received a net purchase of 781 million yuan, 391 million yuan and 377 million yuan, respectively.
Southbound funds have bought Kuaishou Technology a total of nearly HK $3 billion for four consecutive days.
Gelong Exchange on November 29th, southbound funds bought a net HK $702 million today. Pop Mart International, Kuaishou Technology-W and Great Wall Motor received a net purchase of HK $246 million, HK $215 million and HK $182 million respectively. Byd Company Limited ranks first in net sales, with a value of HK $298 million. Note: southbound funds have bought Kuaishou Technology net for four consecutive days, totaling HK $2.9489 billion.
Hong Kong stocks Review | Hang Seng Index lost 24000 points, Evergrande plummeted, China Evergrande New Energy Vehicle fell more than 20%
The Hang Seng Science and Technology Index fell 0.86%, most technology stocks fell, Meituan fell nearly 7%, Bilibili Inc. fell more than 5%, Kuaishou Technology fell 5%; Green Power concept stocks rose collectively, China Electric Power rose by more than 12%, and CGN New Energy rose by more than 8%. Short video concept stocks continued to decline, Heng Teng network fell more than 7%, China has down more than 5%; Hao gambling stocks fell sharply, MGM China fell by more than 10%, and Wynn Macau fell nearly 8%.
Afternoon comment on Hong Kong stocks | Hao gambling stocks tumbled collectively, e-cigarette stocks rose, and China Bolton rose more than 13%.
The Hang Seng Index fell 0.52%, the Hang Seng Science and Technology Index fell 0.17%, Meituan fell nearly 8%, Bilibili Inc. and Kuaishou Technology fell more than 3%; the concept of Green Power continued to rise, CGN New Energy and Datang New Energy rose more than 7%, China Longyuan Power Group Corporation rose nearly 4%; Hao gambling stocks tumbled collectively, MGM China and SJM Holdings fell more than 9%, and Wynn Macau fell nearly 9%.