Futu Morning Report | "Interstellar Gate" Concept stocks are in a frenzy, ARM surged nearly 16% overnight; promoting the entry of medium to long-term funds into the market! China's Capital Markets welcome significant proposals.

The CEO of the world's largest sovereign wealth Fund advises: sell USA Technology stocks and buy China Assets; in the face of policy undercurrents after Trump's return, the European Central Bank still plans to continue lowering interest rates; an extreme winter storm hit the southern USA, and multiple states declared a state of emergency.

Futu News49minutes ago

Quick look at the Hong Kong market | The three major Indexes in Hong Kong stock market collectively declined, with the Hang Seng Index falling below 0.02 million points; Technology stocks and financial stocks were generally sluggish, Bilibili falling over

The three major indices of the Hong Kong stock market all declined, with the Hang Seng Index falling 1.63%, the Tech Index dropping 2.40%, and the National Index decreasing by 1.96%.

Futu NewsJan 22 16:23

According to reports, SAIC Passenger Vehicle collaborates with Meituan in digitalization to enhance user service experience.

According to the domestic media "Finance Network," SAIC Group (600104.SH) and its subsidiary, SAIC Passenger Vehicle Company, have formally signed a strategic cooperation agreement with MEITUAN-W (03690.HK). The two parties will leverage their respective resources and advantages to promote deep integration of online and offline services, enhance user service experience through digitalization, and jointly create an automotive business ecosystem covering the entire lifecycle. According to the cooperation agreement, SAIC Passenger Vehicle will conduct in-depth collaboration with MEITUAN in multiple areas, covering all aspects from test drives, car purchases to after-sales markets. Over 600 dealerships of SAIC Passenger Vehicle will fully join the MEITUAN platform, through online.

AASTOCKSJan 22 15:36

Express News | SAIC Passenger Vehicle and Meituan have reached a Global Strategy cooperation.

BreakingsJan 22 15:04

Hong Kong stock market midday review | The Hong Kong stock market is experiencing a pullback, with the Hang Seng Index falling by more than 1%. New Oriental dropped over 25% after its earnings report; some Semiconductors stocks rose against the market tre

Network Technology stocks fell broadly, with Bilibili-W down 6.16% and JD-SW down 4.42%; most Property Services and Management stocks declined, with CHINA RES MIXC down 3.13% and CHINA OVS PPT down 2.98%; Semiconductors stocks strengthened, with Ennoconn up 5.18% and Semiconductor Manufacturing International Corporation up 2.39%.

Futu NewsJan 22 12:19

The achievements of the optimization of the Hong Kong listing system are evident, with "giant companies" and "small yet beautiful" companies dancing together.

Since the second half of 2024, the Hong Kong IPO market has continued to recover, showing a new atmosphere: not only have A-share giants such as Midea and SF Holdings gone public in Hong Kong, but also leading companies from various fields like Horizon Robotics, Nanfang Black Sesame Group, and Mao Geping have entered the Hong Kong stock market.

Securities TimesJan 22 10:09