Futu Information on January 21 | the three major indexes of Hong Kong stocks fell, with the Hang Seng Index closing down 0.75% at midday, the National Index down 0.67%, and the Hang Seng Technology Index down 1.29%.

By midday's close, Hong Kong stocks were up 575, down 1078, to close flat at 1197.

In terms of plates, largeTechnology stocks generally fell.BABA fell nearly 5%, NetEase, Inc fell 4%, Kuaishou Technology fell more than 1%, Meituan, XIAOMI and Tencent followed suit.

Beer stocks strengthen collectivelyTsingtao Brewery rose by more than 5%, China Resources Beer and Budweiser Brewing Company APAC Limited by about 4%.

Most of the catering sector rose.Nai Xue's tea rose by nearly 8%, Helens by more than 5%, 99% by nearly 5%, Yum China-S by nearly 3%, Haidilao International Holding by nearly 2%, and quack by nearly 1%.

Gaming stocks are activeSands China is up more than 3%, SJM Holdings is up nearly 3%, and Galaxy Entertainment and MGM China are up nearly 2%.

Tourism stocks pull upTrip.com rose by more than 9%, the same trip by more than 5%, and CITS in Hong Kong by more than 1%.

The biomedical sector fell.Goliath Pharmaceuticals fell nearly 20%, Kangfang Bio and CANSINOBIO fell nearly 8%, Xinwei Medical fell nearly 7%, and Tengsheng Boyao fell more than 6%.

In other aspects, wind power, port shipping, mobile phone industry chain stocks fell at the top.

Individual stocks$via creature (01873.HK) $Soar by more than 15%$Shanghai Fosun Pharmaceutical (02196.HK) $Increased by more than 3.5%, approved to imitate Merck & Co Inc Xinguan oral medicine.

$NONGFU SPRING CO., LTD. (09633.HK) $Up more than 4%, Lyon expects gross profit and net profit to remain stable and strong in 2021.

$China Resources Mixc Lifestyle Services (01209.HK) $Up more than 2%, the acquisition of the next city, the securities firm refers to the further consolidation of the certainty of growth.

$Sands China Ltd. (01928.HK) $Up more than 3.5%, Credit Suisse said the draft gambling law was looser than expected and the border was expected to be gradually reopened.

$Tsingtao Brewery (00168.HK) $The rise of 5.5% led the rise in beer stocks, and a number of major banks released research reports optimistic about beer stocks.

$COSCO Shipping Holdings (01919.HK) $The decline of more than 4% led shipping stocks lower, and the BDI index fell for 10 trading days in a row, hitting its lowest level in about a year.

$China Longyuan Power Group Corporation (00916.HK) $After Yingxi, it fell by more than 5%, and the annual net profit is expected to increase by 25% 35% compared with the same period last year.

CICC:$JD Health (06618.HK) $和$Smoore International Holdings Limited (06969.HK) $Are expected to be included in the Hang Seng Index.

Wang Hanfeng and other CICC reported that the Hang Seng Index will release the results of its semi-annual review after trading on February 18, estimating that JD Health, Smoore International Holdings Limited and NONGFU SPRING CO., LTD. may be included as potential candidates. Other companies that are likely to be included in the Hang Seng Index include Hansoh Pharmaceutical Group, China Feihe Limited, Zhongsheng Group, Semiconductor Manufacturing International Corporation and China Gas. It is expected that the pace of capacity expansion may be more significant than previous times, and the coverage of the industry will be expanded accordingly, and the adjustment results will be formally implemented on March 7. XPeng Inc., Orient Overseas, Poly Xiexin Energy, minimally invasive Robot, Cloud Music and other 15 stocks are expected to meet the criteria for inclusion in the Hong Kong Stock Exchange.

UBS: maintain$Kuaishou Technology-W (01024.HK) $"Buy" rating, target price of HK $140.

UBS issued a report saying that Kuaishou Technology is still one of the bank's favorite online media stocks because of the group's resilience to recent macro weakness. The Group's market share in online advertising and e-commerce has increased, and cost discipline is estimated to make gross profit margin better than expected, especially in sales and marketing expenses under the new management team. The bank expects Kuaishou Technology's advertising revenue to grow by 50 per cent in the fourth quarter of last year, while the total value of ecommerce transactions is expected to rise 34 per cent. In addition, the adjusted net profit margin is expected to be negative 18%, better than the negative 24% in the third quarter. The target price of Kuaishou Technology's shares will be reduced from HK $154to HK $140. this is estimated at a discounted cash flow rate of 4.8 times this year's sales rate, maintaining the "buy" rating and lowering the group's revenue forecast for this year by 13%. To reflect the weakness of the macro market since the third quarter of last year, the group is expected to lose Rmb2.09 per share this year, higher than the bank's earlier estimate.

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