Quick Look at Mid-day Trading | The three major stock indexes in Hong Kong all fell, with oil and coal stocks declining; all three major oil companies saw a drop of over 5%, while Tianqi Lithium Corporation surged 12% against the market trend.
Network technology stocks generally fell, with SenseTime down nearly 3%, JD.com, Netease down nearly 1%, Tencent, Alibaba slightly down; Bilibili rose by over 1%, Meituan slightly rose.
Institutions | Looking for the prosperity and highlights in the industry: clues from the Hong Kong stock market report
Based on the comprehensive disclosure of interim performance and market expectations, the sectors of internet e-commerce and csi leading consumption and services index have a relatively high degree of prosperity. Meanwhile, public utilities such as telecommunications and hydropower maintain stable profitability, making them worthwhile dividend symbols to continue to pay attention to.
CINNO Research: In the first half of the year, China's new energy industry investment reached 2.1 trillion yuan, a 57% year-on-year decrease.
According to the statistics from CINNO Research, the total investment in China's (including Taiwan) new energy projects from January to June 2024 reached 2.1 trillion RMB, a decrease of 57.1% compared to the same period last year.
Zhongcheng Insurance's equity has changed, and Guangzhou Financial Holdings has become the third largest shareholder. After 13 years in operation, there are still nearly 0.4 billion unrecovered losses on the books. Can it make a comeback in the electric v
① By the end of 2023, Zhongcheng Insurance, which has been in operation for 13 years, still has an unrecouped loss of nearly 0.4 billion yuan. ② In the first half of 2024, Zhongcheng Insurance achieved a premium of 0.842 billion yuan for electric vehicle insurance, a year-on-year increase of 49%. ③ In the first half of the year, after deducting the impact of income tax expenses, the net income of Zhongcheng Insurance was -0.3191 million yuan.
BAIC New Energy introduces a new energy fund of 10 billion yuan, with its subsidiary companies experiencing consecutive losses in recent years.
①BAIC BluePark New Energy Technology announced that its wholly-owned subsidiary Peking New Energy Fund plans to increase its capital through public listing to introduce strategic investors; ②From 2021 to 2023, BAIC New Energy has been continuously operating at a loss.
Huawei is expanding its circle while Beiqi New Energy invests another 10 billion yuan. Can Huawei's "All IN" strategy reverse its decline?
On September 2nd, BAIC BluePark announced that its subsidiary plans to publicly issue additional capital of up to 10 billion yuan. This capital increase is expected to enhance the company's competitiveness, optimize its capital structure, and benefit all shareholders. According to BAIC BluePark, there are currently no plans for shareholding. It is a matter at the strategic level of the company.