Hong Kong stock market midday review | The three major Indexes collectively rebounded! Xiaomi and Tencent rose about 2%; Semiconductors stocks continued to rise, Semiconductor Manufacturing International Corporation rose over 4%.

Network Technology stocks weakened, Bilibili-W fell by 3.60%, XIAOMI-W rose by 2.59%; Sporting Goods stocks performed well, ANTA SPORTS increased by 5.32%, TOPSPORTS dropped by 3.44%; Hong Kong Retail Stocks weakened, BOSSINI INT'L rose by 3.81%, PRADA fell by 2.76%;

Futu NewsJan 9 12:10

[Brokerage Focus] Goldman Sachs: Hong Kong's Retail Trade had poor performance in November, with sales figures and performance of various categories varying.

Goldman Sachs Research Reports indicate that in November, Hong Kong's retail sales value, seasonally adjusted month-on-month, decreased by 0.6%, while retail volume increased by 0.3%. Among the main categories, sales of 'jewelry, watches, and luxury gifts' saw the highest growth, while sales of durable consumer goods experienced the largest decline. Year-on-year, the sales value saw a significant drop of 73%, marking a considerable widening from the -2.8% seen in October. In terms of retail sales value, November saw a year-on-year decline of 73%, with Goldman Sachs' seasonally adjusted month-on-month growth at -0.6%, compared to +1.4% in October. Sales value growth varies across different categories.

Jinwu Financial NewsJan 3 14:33

Hong Kong stock midday review | All three major Indexes have risen! Tech stocks and Golden Industrial Concept perform strongly, Xiaomi rose over 5%, and Laopu Gold increased by over 3%, with stock prices reaching new highs during the session.

Most Network Technology stocks rose, with XIAOMI-W up by 5.59% and SENSORY-W down by 3.55%; Hong Kong Retail Stocks weakened, with BOSSINI INT'L rising by 5.61% and PRADA falling by 4.45%; semiconductor stocks generally increased, with CONTEL up by 11.11% and HG SEMI down by 3.33%.

Futu NewsJan 3 12:21

Hong Kong Retail Management Association: "One signature, multiple actions" gradually drives foot traffic, while Hong Kong people's Lunar New Year travels still raise concerns for the industry.

The Census and Statistics Department announced yesterday (the 2nd) that the provisional estimate of the total sales value of Retail Trade in November 2024 was 31.7 billion yuan, a year-on-year decrease of 7.3%, compared to the market expectation of a 3.4% year-on-year decline. The Chairman of the Hong Kong Retail Management Association, Xie Qiu An Yi, explained that the decline in retail data in November last year widened month-on-month, mainly due to the impact of a high base. In October last year, Hong Kong experienced severe weather and a reduction in the number of days of the Golden Week holiday, resulting in a lower base for that month. By November last year, the situation returned to a more realistic level. Xie Qiu An Yi cited results from the association's survey indicating that overall foot traffic improved in December last year, with lower-priced goods benefiting more, such as cosmetics.

AASTOCKSJan 3 09:05

In Hong Kong, the total value of retail trade sales in November 2024 is estimated to be 31.7 billion HKD, a year-on-year decrease of 7.3%.

On January 2, the Census and Statistics Department of the Hong Kong government released the latest sales figures for the Retail Trade.

Zhitong FinanceJan 2 16:35

Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;

Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;

Futu NewsDec 20, 2024 16:23