Overview of capital trends and valuations in the Hong Kong stock market: Who is bottom-fishing? Which Sectors are favored?
① Under the background of intensified capital competition, why is there a divergent pattern of "one retreat and one advance" between foreign capital and mainland funds in the Hong Kong stock market? ② Currently, the Hang Seng TECH Index has nearly 200% valuation improvement space compared to the Nasdaq 100. Can this historically significant price gap be sustained? ③ The "barbell strategy" has become the mainstream strategy for Southbound funds. Can the resonance effect between the Technology and Dividend Sectors be sustained?
Recent important questions in the Hong Kong stock market: who is buying, which Sectors is the main capital Inflow into, and which stocks are heavily weighted......
At the Industry level, since the Spring Festival, the hot market for Hong Kong stocks has seen major Inflow directed towards growth Sectors such as AI and pharmaceuticals, while the dividend-related Sectors have experienced significant reduction in holdings. Notably, apart from the “AI+” Sector, southernbound funds have continued to flow into the dividend Sector and have shown a resonance with some Chinese-funded intermediaries and local Hong Kong intermediaries.
Shareholders of CHINA EAST AIR (00670) will transfer stocks valued at 1.458 billion HKD from FOSUN INTL Securities to CITIC SEC Brokerage Hong Kong, accounting for 10.83%.
On March 4th, Shareholders of CHINA EAST AIR (00670) transferred stocks worth 1.458 billion HKD from FOSUN INTL Securities to CITIC SEC Brokerage Hong Kong, accounting for 10.83%.
Opinion | Hong Kong stocks have been strong leaders this year! Who are the Block Orders increasing positions in Hong Kong stocks? How much additional capital is there to come?
Xingzheng strategy believes that, based on the separation of custodians for Hong Kong stocks, the southern capital may be one of the Block Orders to go long on Hong Kong stocks this time. According to estimates, foreign capital may still have an improvement space of 1.41/0.24 trillion HKD in Hold Positions, while domestic public Funds may still have an incremental scale of over 70 billion.
Fosun (00656) signed a comprehensive Global Strategy cooperation agreement with MINSHENG BANK, working together for long-term stable mutually beneficial outcomes.
On February 25, 2025, Shanghai Fosun High Technology (Group) Co., Ltd. signed a comprehensive Global Strategy cooperation agreement with MINSHENG BANK Co., Ltd.
Guo Guangchang: Fosun Emphasizes Strategic Advancement and Exits, Focuses on Core Businesses, and Leverages Operational Capabilities to Participate in Global Markets
Guo Guangchang: Fosun has both advances and retreats, focusing on its main business, participating in the Global market through "craftsmanship."
Hong Kong, February 25, 2025 /PR Newswire/ -- On February 21, FOSUN INTL Chairman Guo Guangchang stated at the 25th annual meeting of the 2025 Yabuli China Entrepreneurs Forum that as long as there is a fair opportunity to participate, private enterprises are never afraid of competition. As long as products are made to perfection, there will definitely be a market. This Yabuli Forum was held from February 21 to 23 in Heilongjiang Yabuli, with the theme "Cultivating New Quality Productivity, Empowering High-Quality Development." In his keynote speech, Guo Guangchang stated that after more than 20 years of globalization, it has been proven that private enterprises in China have never been afraid of competition.
Guo Guangchang denies the "fire sale" of Assets under FOSUN INTL.
In recent years, FOSUN INTL (00656.HK) has actively exited some non-core Assets. Chinese media reported that FOSUN INTL's Director Guo Guangchang responded to claims of 'selling off' Assets by stating that FOSUN aims for a 'win-win' situation when selling Assets, achieving a reasonable price while the sold Assets can generate significant synergy and strategic value for the buyer, enhancing competitive strength.
Express News | In the past two years, FOSUN INTL has proactively exited over 80 billion in Assets.
Express News | Guo Guangchang on the privatization of Fosun Tourism: hopes to accelerate development more flexibly.
Express News | Guo Guangchang: Last year, overseas revenue accounted for about 48% of Fosun, and this year it will exceed 50%.
Express News | FOSUN INTL Chairman Guo Guangchang thanked DeepSeek and Alibaba's Tongyi Qianwen, revealing that he used them when writing.
Express News | The Chairman of FOSUN INTL, Guo Guangchang, responds to the "undervaluing" of Assets.
FOSUN INTL (00656.HK) has reached a strategic cooperation with the Abu Dhabi Investment Office to expand its Business in the Middle East.
FOSUN INTL (00656.HK) yesterday (20th) signed a strategic cooperation memorandum with the Abu Dhabi Investment Office (ADIO) at the Abu Dhabi Investment Forum held in Shanghai, aiming to promote the expansion of its subsidiaries into Abu Dhabi and the broader Middle East region, which is expected to inject new power into the group's Global layout and industry operations. According to the cooperation agreement, ADIO will provide customized investment support, convenient market access, and strategic resource connections for FOSUN, assisting FOSUN in deploying in key growth areas such as Medical health innovation, wealth management, CNI Xiangmi Lake Fintech Index, and tourism in Abu Dhabi. It is reported that FOSUN's finance...
Fosun collaborates with ADIO to promote the expansion of its subsidiaries' Business into Abu Dhabi and the Middle East.
① FOSUN INTL has signed a memorandum of strategic cooperation with the Abu Dhabi Investment Office, aiming to promote the expansion of its subsidiaries into Abu Dhabi and the broader Middle East region; ② FOSUN INTL's FOSUN Wealth Holdings and Starway Technology are actively engaging with related Institutions in the Middle East to explore cooperation opportunities in wealth management and CNI Xiangmi Lake Fintech Index.
FOSUN INTL (00656) fully embraces AI: pharmaceuticals, cultural tourism, and finance core sectors are all making efforts.
As an innovation-driven Global Consumer industry group, FOSUN INTL (00656) has continuously increased its exploration and application of AI technology in recent years, implementing a comprehensive layout of the AI Global Strategy in core industries such as medicine, cultural tourism, and Insurance through "self-research + collaboration + investment."
Fosun International Continues to Be Recognized in the S&P Global's Sustainability Yearbook 2025
The independent financial advisor recommends that Shareholders accept the privatization plan of Fosun Tourism (01992.HK).
FOSUN TRAVEL CULTURE (01992.HK) today (10th) sent a privatization plan document to Shareholders. The independent financial advisor, HAODE Financing, has conducted a series of evaluations based on FOSUN TRAVEL CULTURE's historical financial data, stock market performance, industry expectations, and reasons for privatization, concluding that the privatization plan is fair and reasonable for Shareholders. Therefore, HAODE Financing recommends that non-interested Shareholders and stock incentive holders should accept this plan. FOSUN INTL (00656.HK) proposed the privatization of FOSUN CULTURE last December, offering cash of 7.8 yuan per share in exchange for the planned shares, at a price higher than the closing price on the last trading day before the announcement on November 26.
FOSUN INTL Securities: Initiates coverage on Aimer vaccines with a "Buy" rating and a Target Price of 11.0 HKD.
FOSUN INTL Securities has published a Research Report, initiating coverage on Ai Mei Vaccine (06660), and stated that due to the company's strong product pipeline, technological leadership, and international growth potential, it assigns a 'Buy' rating for the stock with a 12-month Target Price of HKD 11.0. The report mentions that as a leading full Industry Chain vaccine company in China, Ai Mei Vaccine possesses strong research and development, manufacturing, and commercialization capabilities. The company has developed five advanced, validated human vaccine technology platforms, four wholly-owned production enterprises, and eight commercialized products. Its 22 vaccine candidates cover 13 disease fields, including globally leading vaccines.
FOSUN INTL Securities: Initiated coverage on Ai Mei Vaccine (06660) with a "Buy" rating and a Target Price of HKD 11.0.
With its differentiated advantages, Aimei vaccine is expected to occupy a leading position in the domestic market while achieving scaled expansion in the international market.