Hong Kong Stock Afternoon Review | The three major indices fell sharply, and the Tech Index fell nearly 2%; Technet stocks generally fell, Meituan fell more than 4%, photovoltaic solar stocks rose, and GCL Technology rose more than 9%
Biotech stocks weakened; Corning Jerry Pharmaceuticals fell nearly 40%; Kangfang Biotech fell more than 10%; non-ferrous metals stocks rose one after another. China's Hongqiao rose more than 3%, and Luoyang Molybdenum industry rose more than 2%.
INPEX, petroleum resources, etc. (additional) Rating
Upgrade-Bullish Code | Stock Name | Securities Company | Conventional | After Change |------|--------------|--------------|--------------|<4911>|Shiseido | Yamato | “4” | “3” |<6525>|KOKUSAI | Nomura | “Neutral”
Futu Morning Post | US stocks are booming! The NASDAQ broke through the 17,000 mark for the first time in history. Nvidia rose nearly 7% to a new high, and the market capitalization approached Apple
The hawks of the Federal Reserve are pressing down on expectations of interest rate cuts: the possibility of interest rate hikes has not been completely ruled out; Google's AI PC is also here, and five new AI features on Chromebook Plus have been unveiled; Wall Street will launch the mid-term “Mag 7” — “Lucky 8.”
Asahi Kasei, Mitsubishi Heavy, etc. [List of brand materials from newspapers]
*NTT <9432>Cable development that can be installed in road surface grooves without the need for utility poles in optical communication networks (Nikkan Kogyo 1 side) - ○*Toyota's <7203> new engine announced, 4-cylinder 1500cc/2000cc (Nikkan Kogyo 1 side) - ○*SOMPO <8630> new mid-term plan, ROE raised to 15%, and expanded overseas insurance (Nikkan Kogyo 3 sides) - ○*Asahi Kasei <3407> acquires Swedish Pharma and expands kidney disease area (Nikkan Kogyo 3 sides) -○*living in the kidney disease area Tomo Corporation <8053> Entry of offshore wind support ships,
How and how much is a minor's game purchase refunded, and who is responsible? The first refund standard for underage games has been released!
“How can minors' game purchases be refunded? How many refunds? Who is responsible?” These issues, which have had some social controversy in the past, now have more clear standards and reference bases. The first refund standard for underage games was released today. Industry insiders told the Financial Association reporter that the standard further clarifies the material requirements, processing procedures, judgment criteria and allocation of responsibilities for underage refund applications, and is conducive to the healthy development of the game industry.
Express News | Tencent Holdings spent HK$1.03 billion on the 28th to buy back 2.63 million shares
Wall Street wants to launch the general version of “Mag 7” — “Lucky 8”
The Lucky Eight ETF's trading code is “LCKY”. The initial constituent stocks include Tencent, Alibaba, Meituan, BYD, Xiaomi, Pinduoduo, JD, and Baidu. It is expected to be listed this summer.
Hong Kong Market Overview | The three major indices pulled back in the afternoon. Internet medical stocks and shipping port stocks strengthened, Ali Health rose more than 10%, and Oriental Overseas International rose more than 4%
Coal stocks rose; Mongolian coking coal rose nearly 5%; Yancoal Australia rose nearly 4%; many film and television stocks rose, Starry Sky Chinese rose nearly 29%, and Maoyan Entertainment rose more than 2%.
Hong Kong Stock Afternoon Review | The three major indices strengthened slightly. Internet medical stocks and petroleum stocks improved. Ali Health rose nearly 13%, and CNPC rose more than 3%
Many TechNet stocks rose; Tencent rose nearly 2%, Baidu and NetEase rose more than 1%; Apple concept stocks rose one after another, and BYD Electronics and Gaowei Electronics rose more than 3%.
Gamma data: The actual sales revenue of the Chinese game market in April was 22.432 billion yuan, down 0.27% year on year
On May 28, Gamma Data released the “Monthly Report on China's Game Industry for April 2024".
Express News | On the 27th, Tencent spent about HK$1.04 billion to buy back 2.69 million shares
A quick look at the Hong Kong market | The three major indices rose sharply, and the tech index rose nearly 2%; semiconductor stocks and oil and gas stocks were popular; Huahong Semiconductor rose more than 11%, and CNOOC rose more than 4%
The trend of TechNet shares was divided. Bilibili rose nearly 6%, NetEase fell nearly 2%; gold stocks strengthened, Lingbao Gold rose nearly 6%, and Zhaojin Mining rose more than 5%.
Hong Kong Stock Afternoon Review | The three major indices turned V-shaped, and the Hang Seng Index rose 0.31%; electricity and shipping port stocks strengthened collectively, and COSCO Offshore Control rose nearly 5%
The three major indices of Hong Kong stocks turned V-shaped. As of midday trading, the Hang Seng Index rose 0.31%, the Science Index rose 0.08%, and the National Index rose 0.31%.
Intraday Overview | The three major indices fluctuated, and Evergrande Auto resumed trading and rose more than 78%
The pharmaceutical outsourcing concept declined across the board. Pharmaceutical Biotech fell by more than 6%, Kanglong Chemical fell by more than 4%; China Mobile Games rose more than 23%, and its two new games will be launched soon; Lenovo Group has risen more than 7%, and the market share of Daimo AI PC will continue to rise.
Sodick, Mitsubishi Electric, etc. [List of brand materials from newspapers]
*Sodick <6143> enters “plant meat” and develops special heating equipment (Nikkan Kogyo side 1) - ○*TOPPAN <7911>Africa Offensive, 4 businesses (Nikkan Kogyo 1 page) - ○*Mitsubishi Electric <6503> Aisin and new company to strengthen EV parts supply, to in-vehicle restructuring (Nikkan Kogyo, page 3) - ○*Kandenko <1942>YKK AP and solar power generation in the building window (Nikkan Kogyo 3 pages) - *○Seito <89>Nagoya Railroad Capital and business alliances with real estate Synergistic effects (Nikkan Kogyo, page 3)
Where is the “volume” of the big model price war going? |depth
① Big manufacturers bid farewell to the “burn money to do miracles” mentality, strengthen and implement the basic model, and close the technology gap with foreign countries as soon as possible; ② Startups explore vertically in depth and apply “refinement” to the “advanced” big model industry, which may be the way for the sustainable development of the domestic big model ecosystem.
Overview of the Hong Kong market | The three major indices fell collectively, with the Science Index falling more than 2%; most of the Technology Network stocks and biotech stocks fell, Bilibili fell more than 11%, and Kang Fang Biotech fell nearly 23%
Domestic housing stocks generally fell, with Vanke falling nearly 9%, and Sunac China falling nearly 7%; auto stocks declined, with NIO falling more than 6%, and Xiaopeng Motors falling more than 3%.
Hong Kong Stock Afternoon Review | The three major indices fell sharply, and the Science Index fell nearly 2%; Technology Network stocks and domestic housing stocks weakened, Bilibili fell more than 10%, and Vanke Enterprise fell more than 7%
Auto stocks fell, with NIO falling nearly 7%, and Xiaopeng Motors falling more than 3%; power stocks generally rose, while Huadian International and Datang Power rose more than 5%.
Opinion | JD and Ali have successively issued convertible bonds. Who will be next?
According to HSBC analysis, Meituan, Tencent, NetEase, and Pinduoduo may follow up on the issuance of convertible bonds later. Among them, Tencent and Meituan are most likely.
Futu Morning Post | Another “cold water” on expectations of interest rate cuts! US economic data showed strong; Nvidia's stock price broke through $1,000 after the results
UBS raised the target level of the S&P 500 index to 5,500 points at the end of the year; Tesla's latest influence report did not mention the goal of selling 20 million vehicles by 2030; Alibaba officially announced! It is proposed to issue US$4.5 billion convertible senior notes, which will expire in 2031.