Another example of a large-scale repurchase plan! 16 listed companies disclosed repurchase plans this week, muyuan foods plans to make a maximum bid of 4 billion.
①This week, the buying frenzy of listed companies continues. According to incomplete statistics from Caijing, 16 listed companies have disclosed buyback plans (attached table); ②Large-scale buybacks are frequent in A-shares, with muyuan foods, the leading hog farming company with a total market value exceeding 230 billion yuan, planning to spend a maximum of 4 billion on buybacks.
US stock market outlook | As expected! USA's core PCE in August rose by 2.7% year-on-year, short-term pull-up of the three major index futures; Making a fortune! Well-known major short sellers bet on Chinese concept stocks to usher in a glorious moment
Before the market opened on Friday, the three major equity index futures fell slightly, with the market waiting for PCE data; tesla's 0-interest car purchase event was postponed again; jd.com continued to rise by over 2% before the market, Alibaba and jd.com will open up to each other.
Another major pig company proposes a significant market support, muyuan foods discloses its highest 4 billion buyback plan | Fast reading announcement
After wens foodstuff group's large-scale repurchase, muyuan foods announced today a maximum of 4 billion yuan repurchase plan; The announcement proposed a maximum repurchase price not exceeding 58.60 yuan/share, 46.72% higher than the current price; This is muyuan foods' second large-scale repurchase plan in the past two years.
Dah Sing: If csi china mainland consumer index confidence improves, sports outfits can become the best performing industry.
Mainland sporting goods stocks were favored this morning, with Anta (02020.HK) rising 7.7% to 82.1 yuan and Li Ning (02331.HK) up 8.9% to 16.82 yuan. Morgan Stanley's report on China's consumer industry stated that the bank's China economist has become more positive about the macroeconomic outlook and is reassessing views on mainland sports apparel, beauty, IP products, and other sectors. The bank points out that in a "bull market" scenario for the macroeconomy, mainland sporting goods stocks can outperform the broader market. As for whether it is time to buy mainland sporting goods stocks on dips, the bank believes that most sportswear brands rely on the macroeconomic environment.
Hong Kong's electric vehicle stocks quietly staged a comeback! Nio Inc and Xiaopeng surged 30% this month, with bullish news frequently occurring. Will the sales performance in September and October exceed expectations?
With recent unexpected 50 basis points rate cut by the Federal Reserve and multiple bullish factors such as China's policy measures, the Hong Kong stock market has seen a long-awaited sharp rise. Among them, driven by the frequent transmission of positive factors in the autos industry, the electric vehicles sector has ushered in a strong upward trend, with an overall increase of over 11% since September, the rising momentum is impressive!
Pre-holiday big gift attack! Hong Kong stocks are expected to continue rising, grab this investment "gift list" on the eve of the National Day holiday.
It is worth noting that, with the approach of the National Day holiday in 2014-2023, the chance of the Hang Seng Index rising after the National Day holiday reaches 70%. On the other hand, looking at the performance of the Hang Seng Tech Index, the chance of increase from 2015 to 2023 is close to 80%.