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Hong Kong technology stocks have rebounded! Funding is once again pampered, and the rebound may continue
In the process of this round of phased increases in Hong Kong stocks, technology stocks that had previously been abandoned by capital have taken sides again.
Intraday Overview | Tech Index rose more than 1%, and TechNet stocks were trending strongly. Bilibili rose more than 6%; Tencent Music rose more than 9% after its performance
Technology Network stocks rose collectively, with Bilibili up more than 6%, Kuaishou and Xiaomi Group up more than 3%; auto stocks improved, Great Wall Motor rose more than 7%, NIO rose nearly 6%, and Zero Sports Auto rose nearly 5%.
Intraday quick overview | The Science Index rose more than 1% to reach the 4,000 mark; port transport stocks were strong, and COSCO Marine Control rose more than 6%
Water stocks soared across the board. China Water Services rose more than 9%, Beijing Water Group rose more than 8%; high-speed rail infrastructure stocks collectively rallied, CRRC rose more than 9%, and Times Electric rose nearly 7%.
After the sharp rise, how do you understand the value of Hong Kong stocks in asset allocation, and how will the market develop in the future?
In the short term, the rise in Hong Kong stocks will rely more on improved risk appetite, and there is still some room for improvement in the Hang Seng Index's forward PE.
GDS Holdings Announces Q1 2024 Earnings Call
Universal Data - SW (09698.HK) will hold a board meeting on May 21 to approve the first quarter results
Gelonghui, May 8 | World Data - SW (09698.HK) announced that the board of directors of the company will hold a board meeting on May 21, 2024 (Hong Kong time), which includes approving the company's unaudited financial results for the first quarter ending March 31, 2024. The company will announce the first quarter results on the Hong Kong Stock Exchange website after the Hong Kong market trading session on May 22, 2024 (Hong Kong time) and before the US market opens on May 22, 2024 (US Eastern Time).
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