Intraday overview | The three major indices are rising strongly! The ChiNext Index surged more than 2.5%; technology stocks, mainland real estate stocks are collectively strong, with R&F Properties surging nearly 14%, and Kuaishou rising more than 6%.
Network technology stocks collectively rise, with Kuaishou up over 6%, jd.com up nearly 6%, bilibili up over 4%, alibaba, baidu up over 2%, Meituan up nearly 2%, Tencent up over 1%.
Hong Kong stock opportunities tracking | The dual-primary listing of Alibaba-W on the Hong Kong Stock Exchange will take effect today; JD.com announced a $5 billion share buyback plan.
Anta's revenue in the first half of the year increased by 13.8% year-on-year, planning to spend billions of Hong Kong dollars for buybacks; Haidilao's revenue in the first half of the year was approximately 21.491 billion yuan, a year-on-year increase of 13.79%; Five departments issued a joint notice to improve the policy of duty-free shops in the city.
Jibang Consulting: It is expected that the penetration rate of high-end back panel technology in mobile phones will exceed 60% by 2025, driven by foldable screen phones.
Oled has become the mainstream display technology for smart phones, driving the penetration rate of mid-to-high-end backplane technologies such as LTPS and LTPO to nearly 57% in the smart phone market in 2024; by 2025, with improved yield and effective cost control, the penetration rate is expected to challenge 60%.
Hong Kong stock opportunities tracking: Zijin Mining Group's net income in the first half of the year exceeded 15 billion yuan, a year-on-year increase of more than 46%; Zhaojin Mining's net income in the first half of the year increased more than twice.
HKEX relaxes the market cap threshold for listing special technology companies; Financial Secretary Paul Chan: Still need to carefully assess the impact of the decline in US interest rates, etc.
CINNO Research: In the second quarter of 2024, the total sales volume of domestic XR Market was 166,000 units, an increase of 1.5% compared to the previous quarter.
The biggest highlight of this quarter is the official sale of the Apple Vision Pro domestic version, although its sales did not boost the overall market, its innovative technology and premium user experience brought new growth points to the XR market.
Mid-day review | All three major indexes turned down collectively, coal industry concepts and petroleum stocks weakened, with Yancoal Australia falling nearly 20% after their performance announcement.
Futu news on August 20th, Hong Kong stocks opened high and then fell collectively. As of the time of publication, Hang Seng Index (800000.HK) fell by 0.34%, Hang Seng China Enterprises Index (800100.HK) fell by 0.46%, and Hang Seng Tech Index (800700.HK) fell by 0.21%. As for sectors, network technology stocks rose and fell, Baidu and Bilibili rose by more than 1%, NetEase rose by 1%, JD.com and Kuaishou rose slightly; Alibaba fell by more than 1%, Sensetime and Tencent fell by nearly 1%. New energy automobile stocks rose across the board, with NIO Inc, Li Auto Inc, BYD Company and Xpeng all rising.