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Express News | On June 3, Tencent spent approximately HKD 1.003 billion to repurchase 2.68 million shares.
Hong Kong stock market overview: All three major indices have risen, with the technology index up more than 2%. Network technology and Apple supplier stocks have performed well, and Bilibili has risen by nearly 6%, while BYD Electronic has risen by over 7
Automotive stocks rose, with BYD Company and LI Auto Inc up more than 5%; port and shipping stocks rose, with COSCO Shipping Holdings up more than 6% and OOIL up nearly 5%.
Buyback movements intensified, mainly in value stocks, and temporarily recovered to the 39,000 yen level
The Nikkei Average continues to rise. The transaction closed at 38923.03 yen (estimated turnover is 1.67 billion shares), which rose by 435.13 yen. Since the sense of caution against excessive high inflation receded in the US market the previous weekend, investor sentiment improved against the backdrop of a trend where the NY Dow rose drastically. Buying took precedence over a wide range of stocks, and the Nikkei Average rose to 39032.50 yen before trading began, and during trading hours, it recovered to the 39,000 yen level, a psychological milestone for the first time in 3 business days since 5/29. just
Hong Kong Stock Afternoon Review | The three major indices rose, with the Tech Index rising nearly 3%; Technet stocks and auto stocks strengthened, Bilibili rose nearly 5%, and BYD shares rose nearly 6%
Port and shipping stocks rose one after another. COSCO Offshore Holdings rose nearly 6%, Orient Overseas International rose more than 3%; domestic housing stocks rose many, China's overseas development rose nearly 4%, and China Resources Land rose more than 3%.
Intraday Overview | The three major indices of Hong Kong stocks showed strong performance, with the technical index rising more than 3%; auto stocks led the way, and NIO rose more than 5%
TechNet stocks rebounded; Bilibili rose nearly 5%, Meituan rose more than 4%, Tencent, Ctrip, NetEase, and Xiaomi rose more than 3%, and Alibaba rose nearly 3%.
Institutions: Hold high-dividend assets with peace of mind, and have a more flexible layout of Hong Kong stock core assets
The bear market mentality developed over the past few years has made the improvement in risk appetite in Hong Kong stocks not happen overnight. Hong Kong stocks are expected to spiral upward. Currently, the first phase of the market, driven by bearish correction and expected recovery in Hong Kong stocks, has basically come to an end.