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Daily Bull and Bear | The Hang Seng Index surged significantly yesterday, returning above 24,000 points, with multiple Bullish certificates doubling in value; AI catalysts at work! A Kuaishou subscription certificate made over 450% profit.
As of market close, the total market turnover was 377.146 billion Hong Kong dollars, with a combined turnover of 20.995 billion Hong Kong dollars for all callable bull and bear certificates, accounting for 5.6% of the total market turnover, of which the good positions accounted for 3.1% and the short positions accounted for 2.5%. The net Outflow of funds from all callable warrants was 90.7534 million Hong Kong dollars.
Re-evaluating Chinese Technology: A review of previous foreign capital re-evaluations and an outlook for this round.
Looking at the development of the Industry Chain in AI between China and the United States over the past two years, what changes have occurred in the narrative of the Technology industry currently?
An economic-themed press conference was held, with five "leaders" making appearances, highlighting key points in a quick overview.
The third session of the 14th National People's Congress held a press conference this afternoon at the Media Center.
Quick look at the Hong Kong market | The three major indices of the Hong Kong stock market surged! The Tech Index rose over 5%, the Hang Seng Index reached a three-year high; all tech stocks rose, with JD.com and Alibaba up over 8%, and Tencent's Market C
Network Technology stocks rose, KUAISHOU-W increased by 15.70%, JD-SW increased by 8.42%; Digital Health stocks climbed, Dingdang Health rose by 7.22%, JD HEALTH rose by 5.56%; Insurance stocks strengthened, China Pacific Insurance rose by 4.72%, AIA rose by 4.50%.
Meituan in the next decade: food retail, Global expansion, and AI.
Citi is bullish on Meituan, stating that Meituan's fresh retail Business is highly aligned with the instant retail delivery Global Strategy that Meituan has been vigorously promoting in recent years, as there are natural cross-selling opportunities between fresh retail Business and the food delivery Business.
Goldman Sachs has updated the leading Indicators (ERLI) and compiled a list of Buy recommendations for Hong Kong stocks (table).
Goldman Sachs released its March strategy report for the Asia Pacific region, listing the latest Buy stocks based on the Earnings Revision Leading Indicator (ERLI) criteria (only including Hong Kong stocks and Chinese concept stocks): Tencent (00700.HK), Alibaba-W (09988.HK), MEITUAN-W (03690.HK), AIA (01299.HK), China Construction Bank (00939.HK), PDD Holdings (PDD.US), Hong Kong Stock Exchange (00388.HK), BYD (01211.HK) etc.