Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell nearly 2%; PV stocks reversed the market, and GCL Technology rose more than 6%
Technology Network stocks declined; Bilibili fell more than 6%, NetEase fell more than 4%, Kuaishou and Meituan fell nearly 4%; as concept stocks declined, Huazhu Group fell more than 3%, and Jiumaojiu fell nearly 3%.
Changes in Hong Kong stocks | Weimeng Group (02013) rose by up to 9%. The company successfully raised capital, and Tencent, a strategic shareholder, participated in the transaction to increase Xiaomo's holdings by more than 24 million shares
Weimeng Group (02013) rose by more than 9%. As of press release, it rose 5.7% to HK$1.67, with a turnover of HK$188 million.
Intraday Overview | The three major indices of Hong Kong stocks surged and fell, and GCL Technology rose more than 6%
Apple concept stocks rose; BYD Electronics rose nearly 4%; Shunyu Optical Technology rose nearly 3%; gold stocks strengthened, Shandong gold rose nearly 3%, and China Gold International rose more than 2%.
Kuaishou (01024) was selected for UBS's most popular Chinese stock list. The cumulative increase in stock prices in January was over 25%
UBS's upgrade to the Chinese market rating to “increase its holdings”, Tencent, Meituan Kuaishou, etc. received the most attention
Hong Kong Stock Focus: After the big rebound, is Hang Seng Technology expensive? How about the upcoming quarterly report?
Morgan Stanley pointed out that the current forward price-earnings ratio of the Hengke Index is 13 times, which is the same as the average for the fourth quarter of 2023, and lower than the peak of 20 times in the first three quarters of 2023 and the first quarter of 2023.
Opinions | There is still room for Hong Kong stocks
In terms of industry choices, growth styles are spreading, and the Internet, semiconductors, automobiles, and pharmaceuticals may dominate, but high dividends are still valuable.