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Hong Kong Stock Concept Tracking | Fund managers increase positions to catch up with benchmark weights. The Brokerage Sector may welcome a reassessment of its value (with related stocks included).
Taking Banks as an example, if the allocation ratio of the Sector increases from 3.3% in the annual report to three scenarios of 5%, 7.5%, and 10%, it will respectively bring in additional funds of 50 billion yuan, 123.7 billion yuan, and 197.3 billion yuan.
Express News | Tongyu Communication Inc.: The controlling Shareholder pledged 7.22 million shares.
Express News | China Merchants Asset Management announced a repurchase of its equity Fund of no less than 25 million yuan.
Hong Kong stocks fluctuate | China-Affiliated Brokerage stocks surged in the afternoon. HOLLY FUTURES (03678) soared over 25%, and GF SEC (01776) rose over 8%.
China-Affiliated Brokerage stocks rose sharply in the afternoon. As of the time of writing, HOLLY FUTURES (03678) is up 25.16%, trading at 3.83 HKD; GF SEC (01776) is up 8.35%, trading at 11.68 HKD.
China Merchants International: Bullish on the mainland Education industry, recommending Duolingo and New Oriental.
China Merchants International released a Research Report stating that new AI + Education products have been introduced, utilizing DeepSeek to enhance users' learning experiences and reduce costs. Given the stable policies, the K-12 sector still maintains a solid growth outlook and demand, while companies are increasingly focused on balancing growth and profitability. The bank rates the domestic Education Industry as "Shareholding", primarily bullish on the elastic growth opportunities arising from its vast expansion potential; AI provides further growth opportunities, and the bank recommends Duolingo (DUOL.US) and New Oriental (EDU.US, 09901).
Express News | China Merchants: Assigns an initial rating of strong buy to Bear Electric Appliance.