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%.
#美团 2024Q1 Performance Topic #持续更新
Financial report preview
One-picture preview | Stock prices have rebounded more than 70% from a low level! Meituan's Q1 results are about to be unveiled. Can it usher in a new round of gains?
Tianfeng Securities believes that Meituan's core competitiveness lies in its strong merchant base and real user reviews accumulated over decades. Looking at this stage, barriers to the takeout business are stable, and the external competition pattern is gradually becoming clear. It is expected that the profitability of Meituan's core local businesses will continue to increase in the future.
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.
Weekly outlook | US non-agricultural data is back in focus; Meituan, NIO, and Lululemon's results are coming
This week, investors are most concerned about non-farm payrolls data. The economic slowdown will further support expectations that the Federal Reserve will cut interest rates.
Manufacturers from all parts of the industrial chain have entered the “blue ocean” of low-altitude logistics! Is the competition scenario “difficult and dangerous”?
Various signs suggest that low-altitude logistics will first become a “racetrack” for the low-altitude economy. Recently, the 5G-A drone express line built by Nantong Mobile and SF Express completed its first flight in Chongchuan District; DJI, Ehang Intelligence, and A-share listed drones (688297.SH) have also successively launched low-altitude drone products. On the other side, Fengyi Technology, a subsidiary of SF Express, is intensively laying out low-altitude logistics networks in the Guangdong-Hong Kong-Macao Greater Bay Area; Meituan, Zhongtong, and Jingdong are also seizing the market.
Wall Street issuer creates “Lucky 8” Chinese giant ETF to target the “Seven Heroes” of US stock technology
① According to the document, the initial members of “Lucky Eight” were Tencent Holdings, Alibaba, Meituan, BYD, and Xiaomi, Pinduoduo, JD, and Baidu; ② Although some China Internet ETFs have provided exposure, Mazza hopes investors can focus on a few key targets in this field.
The list of Hong Kong stock June gold stocks has been released! Institutions focus on technology and high-dividend sectors, and Tencent, Meituan, and China Mobile are all favored
The Hong Kong stock IPO market is recovering, and transactions in the secondary market are picking up. Everbright Securities believes it is possible to continue to focus on technological growth and the “dumbbell” strategy where high dividends prevail.
A quick overview of the Hong Kong market | The three major indices pulled back in the afternoon. The Tech Index fell nearly 2%, Meituan fell more than 3%, and Kang Fang Biotech reversed the market and rose more than 37%
The trend of science and network stocks was divided. Bilibili rose more than 3%, Meituan fell more than 3%; coal stocks strengthened, China Coal Energy rose more than 5%, and China Shenhua rose more than 1%.
Hong Kong Stock Afternoon Review | The three major indices rose by about 1%. Technet stocks and biomedical stocks strengthened. Station B rose nearly 7%, and Kangfang Biotech surged more than 34%
Auto stocks generally rose; NIO rose nearly 11%; Xiaopeng Motor rose nearly 5%; coal stocks rose one after another; China Coal Energy rose more than 4%, and China Shenhua rose nearly 3%.
Express News | Alibaba Clearance Baozun E-commerce
“Mother of ChatGPT”: AI's Impact on the Economy Is Just Beginning
① Two executives from OpenAI, a leading AI company, recently stated that the impact of artificial intelligence on the economy has only just begun; ② OpenAI Chief Technology Officer Mira Muratti believes that GPT-4O will help promote the further spread of artificial intelligence, thereby having a wider impact on the global economy.
Hong Kong Market Overview | The three major indices continued to weaken, with the Hang Seng Index falling more than 1%; semiconductor stocks and Apple concept stocks bucked the trend, SMIC rose nearly 5%, and Shunyu Optics rose more than 6%
Domestic housing stocks declined, with Sunac China falling nearly 7%, and Vanke falling more than 4%; gold stocks fell one after another, Zijin Mining fell more than 5%, and China Gold International fell nearly 4%.
Hong Kong Stock Afternoon Review | The three major indices weakened, the Hang Seng Index fell more than 1%, semiconductor stocks rose against the market; gold stocks and domestic housing stocks fell, and Zijin Mining fell nearly 6%
Many shares of Technology Network declined, with Meituan falling more than 2% and Jingdong falling more than 1%; semiconductor stocks rose, Jingmen Semiconductor rose nearly 15%, and Huahong Semiconductor rose nearly 5%.
Futu Morning Post | Nvidia reached a new high, Faraday plummeted 62% in the future, and Saifu fell nearly 16% after trading; Arm released CPU and GPU architectures for AI phones
Federal Reserve Beige Book: The outlook for the US economy is pessimistic; without reaching an agreement with British and American resources, BHP Billiton abandoned the $49 billion bid plan.
Overview of the Hong Kong market | The three major indices weakened collectively, Meituan fell by more than 5%; auto stocks had mixed ups and downs, and BYD shares reversed the market and rose more than 5%
Biotech stocks weakened, with Corning Jerry Pharmaceuticals falling nearly 45% and Kangfang Biotech falling more than 7%; pharmaceutical stocks fell one after another, with CSPC Group falling nearly 4% and Cinda Biotech falling nearly 3%.
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%.
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.”