Futu Information on June 27 | the three major indexes of Hong Kong stocks opened higher, the Hang Seng Index rose 2.35%, the Hang Seng Technology Index rose 4.71% back above 5000, and the State-owned Enterprises Index rose 2.46%.

As of the close, Hong Kong stocks rose 1341, fell 641, and closed flat at 890.

The specific industry performance is shown below:

On the plate side, large-scale technology stocksBABA rose more than 3%, Tencent fell more than 1%, and JD.com rose more than 6%.

Apple Inc's concept stock is among the top gainers.Sunny Optical Technology rose by more than 9% and BYD Electronic by more than 14%.

Internet Medical Unit strengthensAlibaba Health Information Technology and JD Health both rose by more than 10%.

Sporting goods stocks rose collectivelyAnta rose by more than 8% and Li Ning Co. Ltd. by more than 4%.

Non-ferrous metal stocks rose generally.Ganfeng Lithium rose by more than 8% and China Molybdenum by more than 3%.

Coal stocks continue to riseChina Shenhua Energy rose more than 4 per cent and Yanzhou Mining Energy rose more than 6 per cent.

SaaS concept stocks are brightIn China, praise rose by more than 25%, and Kingdee International Software Group by more than 7%.

Individual stocks$Tencent (00700.HK) $It fell by more than 1%.Major shareholders Prosus (the company is majority owned by Naspers) and Naspers have announced that they will launch a long-term, open buyback program to increase the group's net asset value per share, which will be funded through the orderly and small sale of Tencent shares by the Naspers Group.

$BYD Electronic (00285.HK) $It rose by more than 14%.The agency pointed out that the company will shift some of its remaining Android production capacity to areas such as automotive electronics, which is expected to gradually take effect in Q2, and the automotive electronics business is expected to achieve higher-than-expected growth for the whole year. Puyin International estimates that the net profit growth rate of the sector is expected to achieve a high growth rate of 104% in 2022.

$XIAOMI Group-W (01810.HK) $It rose by more than 12%.Recently, XIAOMI Automotive Technology Co., Ltd. publicly patented "car-to-car charging circuit, charging wire harness, charging system and electric vehicle", the public number is CN216783299U. It is reported that XIAOMI Automotive Technology Co., Ltd. has applied for 33 patents in half a year in 2022.

$Ganfeng Lithium (01772.HK) $It's up more than 8%.Citic Construction Investment pointed out that the electrification trend of the global automobile market is clear, power battery manufacturers are actively expanding capacity, in which the growth rate of overseas capacity is higher than that of domestic capacity, and the newly signed orders for lithium power equipment from 2022 to 2023 will maintain rapid growth. the malleability of technology may break the market's concern about the decline in newly signed orders in 2024; the current valuation of the lithium equipment sector is undervalued compared to growth.

$JD Health (06618.HK) $It's up more than 10%.On the news side, the State Drug Administration recently issued the regulations on the implementation of the Drug Administration Law (draft revised draft for soliciting opinions). According to industry insiders, regulators strengthen the supervision of Internet diagnosis and treatment and medicine circulation, and promote the standardization of the whole process of Internet diagnosis and treatment services, which is conducive to the scale purchase of Internet diagnosis and treatment services and the expansion of market volume.

$Cosco Haineng (01138.HK) $It's up more than 10%.On the news side, Zhao Chongjiu, vice minister of the Ministry of Transport, said that at present, the waterways of key ports across the country are smooth and efficient, the transportation is smooth and orderly, and the main indicators are stable and good as a whole. As of June 24, China's key monitoring ports have completed cargo throughput of 5.56 billion tons and container throughput of 124 million TEUs (TEU) since the beginning of this year, up 0.9% and 2.3% respectively over the same period last year. Since the beginning of this year, the three Gorges of the Yangtze River and the Changzhou lock on the Xijiang River have passed a total of 141 million tons of cargo, an increase of 8 per cent over the same period last year.

$Hong Kong Exchanges and Clearing (00388.HK) $Up nearly 7%.Hong Kong Exchanges and Clearing rose more than 7 per cent to return to HK $400 and was upgraded by Credit Suisse to "outperform the market" with a target price of HK $434. On the news side, the China Securities Regulatory Commission announced last Friday (24) that traded open-end funds (ETF) are officially included in interconnection. Mainland and Hong Kong investors can buy and sell shares of traded open-end funds and traded open-end funds through local securities companies or brokers on each other's exchanges within the prescribed scope.

Hong Kong stock exchange fund

As for Hong Kong Stock Connect, there was a net inflow of HK $4.264 billion from Hong Kong Stock Connect (southbound) today.

Today's turnover of Hong Kong shares TOP20

Message surface

Organization: the turnover of second-hand houses in 50 cities increased by 15% month-on-month in the second quarter.

KE Holdings Inc. Research Institute released reports on the second-hand housing market in 50 cities across the country, including Beijing, Shanghai, Shenzhen, Guangzhou, and so on, showing that in the first half of this year, the second-hand housing market in 50 cities was repaired at a low level. the market volume, price and expectations have improved; the recovery effect of "strong second-tier" cities is obviously stronger than that of other cities. In May and June, the transaction volume of second-hand houses in 50 cities monitored by KE Holdings Inc. Research Institute continued to grow month-on-month, with an increase of 14% and 25% respectively, and the transaction volume in the second quarter increased by about 15% compared with the first quarter.

IDC: China's AI digital human market will reach 10.24 billion yuan in 2026

According to the latest industry report released by IDC, since the beginning of 2022, digital man has almost become the most popular track in AI, shining in many application scenarios. IDC predicts that China's AI digital human market will reach 10.24 billion yuan by 2026.

IDC: the market size of hardware products for China's operation and maintenance safety management products will reach US $160 million in 2021, an increase of 18.9% over the same period last year.

IDC officially released the market share research report on Chinese operation and maintenance safety management hardware products in June 2022. The report data show that the market scale of Chinese operation and maintenance safety management products hardware products in 2021 reached US $160 million, an increase of 18.9% over the same period last year. The overall market shows a trend of steady growth, and the market competition is mainly based on the pattern of "comprehensive security manufacturers + professional technology field security manufacturers". Head players include Qiming Star Group (002439.SZ), Anheng Information (688023.SH), Qianxin (688561.SH), Qizhi Technology, Green Alliance Technology (300369.SZ) and other manufacturers.

General Administration of Market Supervision: the main amendments include adjustments to refine the performance of illegal acts.

The new Anti-Monopoly Law adds the abuse of administrative power to sign cooperation agreements and memorandums with specific subjects to exclude and restrict competition, improve the compulsory or disguised behavior of forcing non-local operators to invest or set up branches, exclude or restrict operators from participating in business activities other than tendering and bidding, and compel operators to engage in monopoly acts stipulated in the Anti-monopoly Law in a disguised form. New illegal subjects have been added to formulate provisions on excluding and restricting competition. In this regard, the "regulations" are adjusted synchronously, and combined with the practice of law enforcement, the behaviors of excluding and restricting competition, such as restricting trading and hindering the free flow of commodities, are further refined.

National Bureau of Statistics: profits of industrial enterprises improved in May, while profits of coal, oil and other energy industries doubled.

On June 27, Zhu Hong, a senior statistician in the Industry Department of the National Bureau of Statistics, said that the sales situation of industrial enterprises had improved due to the gradual recovery of production logistics and the gradual smooth flow of the industrial chain supply chain. In May, the operating income of industrial enterprises above the national scale increased by 6.8% compared with the same period last year, the growth rate rebounded from the previous month. From January to May, the profits of industrial enterprises above scale increased by 1.0% compared with the same period last year. In May, with the in-depth implementation of the energy supply policy and the rapid growth in the output of energy products, coupled with the operation of high prices, coal and oil together boosted the profits of industrial enterprises above scale by 9.5 percentage points. Generally speaking, although there have been some positive changes in the efficiency of industrial enterprises, the profits of industrial enterprises continued to decline in May compared with the same period last year, the upward pressure on enterprise costs is still great, and production and operation are still faced with many difficulties. the foundation for the recovery of industrial enterprises' benefits is not yet solid. At present, the international situation is becoming more complex and grim, and there are still many uncertainties in the benefit recovery of industrial enterprises.

Institutional viewpoint

Credit Suisse: upward adjustment$Hong Kong Exchanges and Clearing (00388.HK) $The target price is HK $434, and the rating is upgraded to "outperform the market".

Credit Suisse released a research report that upgraded HKEx's rating from "neutral" to "outperform the market" and raised its target price from HK $352 to HK $434. The average daily turnover of Hong Kong stocks since June has been 145 billion yuan. New economy stocks have led to a rebound in overall trading, and the trading volume of derivatives has also been flexible, with an average daily trading volume of 1.3 million in the first five months. The bank expects that the gradual improvement in market performance and the implementation of listing regulations will help attract more companies to list, raising the average daily turnover forecast of the Hong Kong Stock Exchange from 132 billion yuan to 139 billion yuan this year and from 145 billion yuan to 157 billion yuan next year. raise the adjusted earnings forecast for this year and next year 5.7% to 7.5% to 9.35 yuan and 11.69 yuan per share.

Xiaomo: the profits of Chinese securities firms may rebound in the second quarter, recommended$CITIC (06030.HK) $及$China International Capital Corporation (03908.HK) $

According to a research report released by Xiaomo, although the average daily turnover of A shares slowed to 900 billion yuan in the second quarter of this year, the IPO market is still active and the index performance is relatively stable, and the bank expects Chinese brokerage profits to rebound on a quarterly basis in the second quarter. The industry continues to like quality securities firms, including CITIC and China International Capital Corporation, which are rated as "overweight" with target prices of HK $19.8 and HK $27.2 respectively. It is believed that these enterprises can deliver excellent profit performance and return on equity among their peers.

Daiwa: up-regulation$Smoore International Holdings Limited (06969.HK) $Target price to 27 yuan, rating "buy"

According to a research report released by Daiwa, the target price of Yusi Moore International's "buy" rating has been raised from HK $23 to HK $27. The rejection of Juul's PMTA application by the US Food and Drug Administration (FDA) on June 23 is great good news for the company because it can have a higher market share and is expected to achieve at least 2 billion yuan in additional revenue in the most optimistic scenario.

Lyon: maintain$Sunny Optical Technology (02382.HK) $The target price of "outperform" rating rises to HK $117.

According to a research report released by Lyon, Sunny Optical's "outperform" rating has been maintained, with the target price rising from HK $100 to HK $117. The bank believes that the company's downgrade of its forecast for the smartphone market this year may mean a challenge in meeting the smartphone shipment target, but in terms of in-car lenses or modules, still maintain market leadership in new energy vehicle customers and high-resolution products. It is building a broad customer base and occupying market share in emerging automotive businesses such as LiDAR and HUD.

Bank of America: downgrade$Haidilao International Holding (06862.HK) $Earnings per share for this year and next year, the target price is reduced to HK $16.7.

Bank of America Securities released a report that lowered the target price of Haidilao International Holding from HK $17.7 to HK $16.7, with a rating of "neutral". BofA Securities cut Haidilao International Holding's earnings per share by 67 per cent and 19 per cent this year and next to Rmb0.08 and Rmb0.38 respectively to reflect the impact of epidemic control measures. At the same time, losses are expected in the first half of this year, partly offset by the recovery in overseas markets and the closure of loss-making stores last year. The bank believes that Haidilao International Holding is the beneficiary of the reopening of the mainland, but reiterated its "neutral" rating, taking into account the bumpy short-term recovery path and reasonable valuations, as the positive factors of the reopening of some cities have been reflected in share prices.