Intraday overview | Hong Kong's three major indices collectively rose more than 1%; gold and biomedical sectors were strong, and Yiming Angkedao rose more than 50%.
In terms of sectors, network technology stocks have collectively risen, with Sensetime up nearly 3%, Meituan up over 2%, Xiaomi, Alibaba, Baidu up over 1%, Tencent, JD.com up nearly 1%.
Chifeng Jilong Hitches A Ride On Market Gold Rush
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.
Aluminum Corporation of China: It is expected that the prices of electrolytic aluminum and alumina will remain high in the second half of the year | A glimpse of the earnings conference
①Ge Xiaolei, the CFO and secretary of the board of directors, holds a relatively optimistic attitude towards the future market of electrolytic aluminum and alumina; ②Recently, there has been a change in leadership at Aluminum Corporation of China, and the industrial and commercial change has been completed.
Q2 turns from profit to loss, China Northern Rare Earth: It is expected that Q3 earnings will improve slightly compared to the previous quarter | Direct hit on the earnings conference
1. In the first half of this year, China Northern Rare Earth's revenue and total profit only achieved 30.21% and 7.77% of the annual plan, respectively, with a year-on-year loss in Q2 compared to profit. 2. The company revealed that since the third quarter of this year, there has been a noticeable improvement in downstream consumer sector orders compared to the second quarter, with a simultaneous increase in sales of main products. 3. In the later period, as the market situation improves, the signs of impairment of the company's products will gradually diminish, and it is expected that the gross margin will improve month-on-month in the third quarter.
Futu Morning News | Fed officials' dovish tone: Economic data support multiple rate cuts; Tesla's two-day cumulative increase of 9%! FSD is expected to be launched in China and Europe next year.
On the eve of the release of the key employment report in the USA, the ADP non-farm payrolls reached the lowest level since January 2021, while initial claims remain stable. Yellen: The labor market in the USA is still robust and continues to create employment opportunities. The Federal Reserve should not delay any longer! Economists at Morgan Stanley have changed their stance: there must be a major move in September.