UNITED ENERGY(467.HK):EXPECT VOLUME GROWTH TO ACCELERATE IN 2024E
We believe the low volume growth in 2023 and the impairment of Iraq assets have
Keep's Largest Shareholder Cancels Proxy Voting Agreement
Keep's (HKG:3650) single largest shareholder Wang Ning has terminated a proxy voting agreement with three individuals, according to a May 3 filing with the Hong Kong bourse. Wang will continue to hold
KEEP (03650) spent approximately HK$14,600 to buy back 1,700 shares on May 6
According to the Zhitong Finance App, KEEP (03650) announced that it spent about HK$14,600 to buy back 1,700 shares on May 6, 2024.
Express News | Cat's Eye Research Institute Report: The total number of viewers of the May 1st movie was 37.775 million, and the “older” trend is obvious
Short-term sentiment in Hong Kong stocks was high, and the Hang Seng Index once rose more than 50% in 10 consecutive years, and China's graphite once rose more than 50%
① The Hang Seng Index has gained 10 consecutive days. How do institutions view short-term trends? ② China's graphite has soared by more than 50% in the intraday market. Why is capital being sought after?
KKR CG Judo Outlets sold the first major (01329.HK) 15.59 million common shares worth approximately HK$1.936 million
On May 6, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 6, KKR CG Judo Outlets sold $15.59 million common shares at an average price of HK$0.1239 per share on April 30, worth approximately HK$1.936,000. After the sale, KKR CG Judo Outlets' latest shareholding was 238 million shares, and the good position ratio dropped from 26.41% to 24.79%. This transaction involves other related parties: KKR Management LLP (form
China Cultural Tourism and Agriculture (00542.HK) received an increase of 5.104 million common shares by Huang Anfeng, worth approximately HK$627,800
On May 6, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 6, Huang Anfeng increased his common share holdings of $China Cultural Tourism and Agriculture (00542.HK) by $510.4 million at an average price of HK$0.123 per share, worth about HK$627,800 on May 3. After the increase in holdings, the latest number of shares held by Huang Anfeng was 1,341 billion shares, and the good position ratio increased from 17.38% to 17.45%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. public
Changes in US stocks 丨 New materials for Olefite electric vehicles rose 30.6% before the market, the US relaxes tax restrictions on electric vehicles using Chinese graphite
Gelonghui, May 6 | Olefite Electric Vehicle New Materials (GRFX.US) rose 30.64% to $0.298 before the market. H shares surged 210% during the intraday session today. According to the news, the US Treasury Department said on May 3, local time, that it will release more “flexibility” in the policy for automobile manufacturers to obtain tax credits for electric vehicles, which means that South Korean electric vehicle manufacturers that use Chinese graphite to make batteries can also receive a tax credit of up to 7,500 US dollars when entering the US market.
Hong Kong stock review: The Hang Seng Index rarely rose 10 times in a row, pharmaceutical stocks and power stocks showed active performance, and domestic housing stocks fell
The Hang Seng Technology Index rose 0.92%, while the Hang Seng Index and China Index rose 0.55% and 0.38% respectively.
A quick look at the Hong Kong market | The Hang Seng Index has risen ten times in a row! Most large technology stocks rose, Shangtang rose 5%; domestic housing stocks fell, and Shimao Group fell more than 9%
The three major indices of Hong Kong stocks closed slightly higher, with the Hang Seng Index rising slightly by 0.55%, achieving ten consecutive gains; most large technology stocks rose by more than 6%, Weibo by more than 5%, Shangtang by 5%, NetEase by more than 2%, Tencent by nearly 2%, and JD, Meituan, Baidu, and Alibaba all showed gains.
Express News | NEV penetration rate is over half, industry insiders: the automobile market may go hand in hand
Hong Kong stock changes丨Graphite concept stocks soared, and new materials for olenite electric cars soared 209%
Gelonghui, May 6 | Hong Kong graphite concept stocks skyrocketed. Among them, new materials for electric trains (6128.HK) once soared 209.73% to HK$0.35, while China's graphite (2237.HK) once surged 53.19% to HK$0.72. According to the news, the US Treasury Department said on May 3, local time, that it will release more “flexibility” in the policy for automobile manufacturers to obtain tax credits for electric vehicles, which means that South Korean electric vehicle manufacturers that use Chinese graphite to make batteries can also receive a tax credit of up to 7,500 US dollars when entering the US market.
Ministry of Culture and Tourism: 295 million domestic tourists traveled during the “May 1st” holiday
The Zhitong Finance App learned that on May 6, the Ministry of Culture and Tourism released data showing that during the 2024 “May 1st” holiday, the national culture and tourism market was generally stable and orderly.
Hong Kong Stock Afternoon Review | The three major indices fluctuated slightly, pharmaceutical stocks strengthened against the market, and Pharmaceutical Biotech rose more than 5%
Most Technet stocks weakened, with Kuaishou falling nearly 2%, Meituan, Xiaomi, and Bilibili falling more than 1%; travel and tourism stocks generally rising, with Ctrip Group rising nearly 3%, Hong Kong China Travel up more than 2%, and Tongcheng Travel up more than 1%.
Local Chinese Carmaker's Overseas Sales up 40% in Q1; SAIC, Chery Contribute Lion's Share
Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.
Changes in Hong Kong stocks 丨 Kuaigou Taxi soared for the third day in a row, rising 194% on the 3rd
Glonghui, May 6 | Continuing its recent strength, Kuaigou Taxi (2246.HK) rose again today, once rising more than 23% to HK$0.84, a new high since October 2023. The stock has soared for the third day in a row, with a cumulative maximum increase of 194% over the 3-day period. At the beginning of last month, Kuaigou Taxi announced an annual loss of 1.1 billion yuan, which is 9% narrower than the loss of 1.21 billion yuan in the same period in 2022, with a loss of 1.76 yuan per share, with no dividends. Fast Dog taxis were previously sold at full speed by Alibaba, Taobao, and China. In February, according to the Stock Exchange, Alibaba Taobao's shareholding in China fell from 5.07% to 4.88%
Intraday Overview | The three major indices of Hong Kong stocks weakened slightly, and the pharmaceutical outsourcing concept rose against the market
Road transport stocks strengthened; Guangzhou-Shenzhen Railway shares rose more than 9%, Anhui Wantong Expressway rose more than 6%; domestic housing stocks collectively pulled back, Agile Group fell more than 6%, and Midea Real Estate fell more than 5%.
Hong Kong auto stocks rose; Ideal Auto rose more than 8%, shares of NIO and Dongfeng Group rose more than 2%, and Evergrande Motors rose nearly 2%.
Hong Kong auto stocks rose; Ideal Auto rose more than 8%, shares of NIO and Dongfeng Group rose more than 2%, and Evergrande Motors rose nearly 2%.
May 3 Repurchase Collection | Hang Seng Bank, Swire Group A and others bought back one after another. Of these, Hang Seng Bank spent HK$42.1266 million
According to documents disclosed by the Hong Kong Stock Exchange on May 6, $Hang Seng Bank (00011.HK) $ and $Swire Group A (00019.HK) $ repurchased shares. ① $Hang Seng Bank (00011.HK) $ repurchased 400,000 common shares on May 3, involving an amount of HK$42.1266 million. The repurchase price per share ranged from HK$106.2 to HK$104.6. The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 8.384 million shares, accounting for 0.439% of the number of shares issued when the ordinary resolution was passed. ② $Taikoo
Hong Kong A change丨Graphene concept stocks rose collectively, and the US relaxed tax credit restrictions on electric vehicles using Chinese graphite as batteries
Gelonghui, May 6 | Graphene concept stocks from Hong Kong A rose collectively. Among them, A-share Zhongke Electric rose more than 12%, Baichuan shares rose by 10CM, Xiang Fenghua rose more than 8%, Jincheng Pharmaceutical rose 6%, Oriental Carbon and Siquan New Materials rose more than 5%, Betteri, Dell Future, Oriental Materials, Huali Family, Fangda Carbon, Tiannai Technology rose more than 4%, Sinopec Technology and Huaxi Energy rose nearly 15%. A number of South Korean media outlets focused on reporting “good news” about the Korean automobile industry on the 4th. The reason was that international media such as Reuters revealed rumors. The US Treasury Department said on May 3, local time, that it will