Year-end review | The strongest Sector of Hong Kong stocks in 2024 has been released! The financial and information technology Sectors lead the way strongly; China Merchants soared nearly 170%, while Meituan, Ctrip, and Xiaomi doubled within the year.

Since the beginning of this year, high-dividend Assets have become the focus of the market, with Financial and Coal, Electrical Utilities, and other Energy Sectors favored by funds. The Information Technology Sector has also performed impressively, with Network Technology stocks seeing a valuation recovery, and giants like Meituan and Xiaomi showing significant increases. Data shows that the Financial and Information Technology Sectors have led the rise of Hong Kong stocks this year, with increases of 44% and 39% respectively.

Futu News17:48

Daily Bull and Bear | Is the Hong Kong stock market stabilizing at the 20,000 level? The Hang Seng Index night futures are over 100 points high, with the bull certificate ratio returning to above 70%. Tencent has received a net Inflow of good positions; S

The Hang Seng Index night futures closed at 20,435 points, down 1 point or 0.005%, with a premium of 124 points; the net Outflow of good positions in Hong Kong stocks was 17 million HKD, while the net Inflow of short positions was 63 million HKD; the top five stocks and Index for fund Inflow were Tencent, China Life, KGI, SMIC, and Xialai.

Futu News08:52

Lei Jun wants to dethrone the Model Y.

There is still a need to overcome the capacity challenges.

wallstreetcnDec 10 15:23

Xiaomi's second car, the YU7, has been filed, goldman sachs: it is expected to become one of the best-selling high-end new energy SUVs in china!

Goldman Sachs stated that, given the strong sales of SU7 which exceeded expectations, and that YU7 has advantages in dimensions, power system, and range compared to similar SUV models, it has the potential to become one of the best-selling high-end new energy fund SUVs in China. Additionally, the SU7 and YU7 share the Xiaomi manufacturing platform, which is expected to improve the gross margin of the autos business.

wallstreetcnDec 10 11:12

Major shareholder of Tencent, new developments in shareholding! The shareholding ratio has decreased to 23.99%.

On December 9, news from the Hong Kong Stock Exchange disclosed that on December 6, Tencent's major shareholder, South African Naspers Group's Dutch subsidiary Prosus sold 0.474 million shares of Tencent listed in Hong Kong at an average price of 410 Hong Kong dollars per share, reducing its holding ratio from 24.01% to 23.99%, with a total holding of approximately 2.224 billion shares.

Brokerage chinaDec 10 09:55

Daily Bull and Bear | Market sentiment is warming up! The Hang Seng Index futures closed above 21,000 points, with the bull certificate ratio regaining the advantage; the Hong Kong Stock Exchange rose nearly 6% yesterday, with multiple call warrants makin

As of market close, the total market turnover was 206.53 billion HKD, with trading sentiment showing some improvement; the total turnover of all warrants and callable bull/bear contracts was 12.633 billion HKD, accounting for 6.1% of the total market turnover, of which the long positions accounted for 3.8% and the short positions accounted for 2.4%.

Futu NewsDec 10 08:43