Futu Information on June 24 | the three major indexes of Hong Kong stocks opened higher, the Hang Seng Index rose 2.09%, the Hang Seng Technology Index rose 4.05%, and the State-owned Enterprises Index rose 2.22%. This week, the Hang Seng Index is up more than 3.06%, and the Hang Seng Index is up 4.11%.

As of the close, Hong Kong stocks rose 1184, fell 745, and closed flat at 943.

The specific industry performance is shown below:

On the plate side, large-scale technology stocks are strongBABA rose by more than 5%, Tencent by more than 2%, and Baidu, Inc. by nearly 4%.

Pharmaceutical stocks are bright all day.Wuxi Biologics rose by more than 10%, INNOVENT BIO by nearly 12%, Dongyang Guangyao by more than 10%, and Wuxi Apptec by more than 11%.

Photovoltaic concept stocks strengthenXiexin Technology is up nearly 11%, Luoyang Glass is up more than 18%, and Xinyi Solar is up more than 4%.

Auto stocks rose.XPeng Inc. rose by more than 7% and Geely Automobile by more than 6%.

Short video concept stocks rose generally.Kuaishou Technology rose by more than 4 per cent and Weimeng Group by nearly 7 per cent.

The stock of home appliances rises.Haier Smart Home rose more than 5%. JS global life rose by more than 11%.

SaaS concept stocks are among the top gainersWeimeng Group is up nearly 7%, and Kingdee International Software Group is up more than 9%.

Individual stocks$Tencent (00700.HK) $It's up more than 2%.Tang Daosheng, senior executive vice president of Tencent and CEO of Yunhe Wisdom Industry Group, said at the "Tencent Smart Travel 2022 New products Conference" held on June 24 that Tencent does not build cars, but is determined to be a digital assistant to automobile companies. He pointed out that all business links of the automotive industry chain are rapidly taking root in the cloud, through the cloud through automotive research and development, marketing, user service, operation and other links, fully tap data value and create new productivity.

$Smoore International Holdings Limited (06969.HK) $Up more than 7%.China's Food and Drug Administration has announced that e-cigarette giant Juul must stop selling and distributing its products in the United States and remove existing products from the market, or face legal risks. CICC reported that some of its major customers' series and SKU have passed PMTA and are expected to gain a larger market share in the future. Juul has about 33% of the u.s. market share in may, making it the second-largest e-cigarette brand in the u.s., according to Nielsen, and the bank expects to continue to quickly gain market share with its customers' approved products as Juul may be cleared out of the u.s. market in the future.

$INNOVENT BIO (01801.HK) $Up nearly 12%.The company announced that Dabeshu (Xindirizumab) combined with paclitaxel and cisplatin or fluorouracil and cisplatin for first-line treatment of esophageal squamous cell carcinoma has been approved for marketing. It is reported that Xindirizumab, a PD-1 inhibitor jointly developed by INNOVENT BIO and Eli Lilly and Co, has been successfully approved for 5 indications.

$Weimeng Group (02013.HK) $Up nearly 7%.On the news side, recently, Weimeng Group has officially become the official operating service provider of video number live broadcast. Together with the multiple service provider qualifications already owned in the field of video number live broadcast, Weimeng has the ability to provide "one-stop service" around video number live broadcast, including "investment promotion + training + operation + supply" services for brands and businessmen. and can enjoy the video number official support policy for brand feedback to help brands and merchants pry into the new market increment of mobile video number.

$Hong Kong Exchanges and Clearing (00388.HK) $It's up more than 4%.It is reported that the Hong Kong stock IPO market will continue to maintain a leading position in the world in 2021. In the whole year, a total of 98 new share listings were listed, raising more than HK $330 billion, most of which came from new economy companies. A total of 59 new economy industry issuers were successfully listed, raising HK $291 billion, accounting for 88 per cent of the total IPO financing in that year.

Hong Kong stock exchange fund

As for Hong Kong Stock Connect, there was a net inflow of HK $3.001 billion from Hong Kong Stock Connect (southbound) today.

Today's turnover of Hong Kong shares TOP20

Message surface

Canalys: global shipments of wearable wristbands fell 4 per cent year-on-year to 41.7 million units in the first quarter

Global shipments of wearable wristbands fell 4 per cent to 41.7 million units in the first quarter of 2022, according to data released by Canalys. At the same time, the shift from wristbands to wristbands continues. Thanks to the strong demand for Watch Series 7, Apple Inc still maintains a leading position in the field of wristband watches. Although Huawei's wearable business performed well in second place, Huawei's shipments continued to decline as the smartphone business slashed.

Hubei Province has released the 14th five-year Plan for energy development to create three national hubs of electricity and coal.

According to the 14th five-year Plan for Energy Development in Hubei Province, by 2035, substantial results will be achieved in the construction of a new power system with new energy as the main body, and a clean, low-carbon, safe and efficient modern energy system will be basically built. Energy security capacity has been greatly improved. According to the plan, Hubei Province will build three major hubs around the goal of building a clean, low-carbon, safe and efficient energy system. We will implement the "eight major energy projects"-- the new energy doubling project, the coal power green transformation project, the demonstration project of the integration of scenery, water and fire storage and source network load and storage, the energy reserve peak shaving project, the "two-line 1.1 network" power grid project, the "five vertical, four horizontal and one channel" oil and gas pipe network project, the digital energy project and the energy benefit enterprise and people project.

IDC: China's industrial Internet platform regional platform and service market reached US $264 million in 2021, an increase of 28.6% over the same period last year.

IDC recently released the "China Industrial Internet Regional platform and Industrial Services Market share, 2021" report. According to the report, the market for regional platforms and services of China's industrial Internet platforms reached US $264 million (1.69 billion yuan) in 2021, an increase of 28.6 percent over 2020. Kaos, Baidu, Inc. Intelligent Cloud, Chaoyang Industrial Internet, Xinhua 3, Aerospace Cloud Network, Yuyou, etc., take the lead in market share by virtue of long-term government industry accumulation, diversified comprehensive solution capabilities and continuous market input.

Ministry of Industry and Information Technology: promoting the construction of 5G network and gigabit optical network in an orderly manner

On June 24, Minister of Industry and Information Technology Xiao Yaqing attended and delivered a speech at the sixth World Intelligence Congress in Tianjin. Xiao Yaqing stressed: it is necessary to speed up the construction of intelligent information infrastructure, promote the construction of 5G network and gigabit optical network in an orderly manner, improve the layout of new infrastructure such as the industrial Internet, data centers, and the Internet of things, and rationally deploy supercomputing centers. It is necessary to promote the intelligent transformation of the manufacturing industry, deeply implement the intelligent manufacturing project, build a number of intelligent scenes, intelligent workshops, and intelligent factories, build an intelligent supply chain, and speed up the digital transformation, network coordination and intelligent transformation of the manufacturing industry.

Institutional viewpoint

Bank of America Securities: reiterate$NONGFU SPRING CO., LTD. (09633.HK) $"Buy" rating, target price raised to HK $48.3

Bank of America Securities reported strong growth in the first quarter of this year, double-digit revenue growth and a major disruption in the second quarter due to the impact of the epidemic, but sales are expected to recover gradually in June as demand for beverage sales improves as the summer begins.

Bank of America Securities: reiterate$Li Auto Inc.-W (02015.HK) $"Buy" rating, target price raised to HK $179

According to the BofA Securities research report, companies with better gross margin management and free cash flow should become regular sooner than their peers. According to the report, the company recently officially launched the second model, the ideal L9, and the bank channel learned that the new car received a positive response and that demand was stable two days after the launch. As L9 is more competitive in terms of specifications and performance than previously expected, it will increase its sales forecast for 2022-24 by 9%, 15% and 13%, while lowering its net loss forecast for this year by 6%, and increasing its net profit forecast for 2023 / 24 by 24% and 12%.

Xiaomo: to$Sunny Optical Technology (02382.HK) $"neutral" rating with a target price of HK $123

The Xiaomo research report said it believed that its forecast for smartphone shipments was quite conservative, which meant that the pressure continued in the second half of the year, while the vehicle and XR optical business had growth opportunities in the medium to long term, had a leading position and was improving production capacity. The company held Investor Day on June 23 and did not update its shipping guidelines as usual, but focused on end-market trend forecasts and market developments for smartphones, cars and XR, the report said. Global smartphone shipments are expected to fall 7.9 per cent year-on-year to 1.22 billion units this year, with all regions down from forecasts at the start of the year.

CICC: maintain$Smoore International Holdings Limited (06969.HK) $"outperform industry" rating, target price raised by 8% to HK $28

According to a research report released by CICC, FDA announced on June 23 that PMTA refused to authorize the sale of JUUL-branded e-cigarette products because JUUL itself could not provide evidence on the protection of public health, which could be cleared out of the US market in the future. According to the FDA historical announcement, some of the series and SKU of Si Moore's major American customers represented by Vuse, Njoy and Logic have successfully passed the PMTA certification, and the bank believes that the company has successfully passed the rigorous audit of PMTA by virtue of its strong research and production capacity, excellent product quality and perfect patent system, and is expected to legally sell for a long time in the US market in the future.

Guotai Junan International:$Wuxi Biologics (02269.HK) $With strong business growth, it is recommended to buy at a low price.

Guotai Junan International issued a report that Wuxi Biologics business growth is strong, the current valuation and price are relatively reasonable, it is recommended to buy bargain. According to the report, Wuxi Biologics's future performance growth drivers include continued strong business growth, product pipeline and platform advantages, and production capacity advantages. Of this, to meet the growing demand, the company's total production capacity will increase from the current 154000 litres to 262000 litres by the end of the year, and to 430000 litres after 2024. Recently, the company has increased the production capacity of prefilled syringes (PFS) to 17 million units per year.