Fortune News, July 28 | the three major indexes of Hong Kong stocks varied. The Hang Seng Index closed down 0.23%, the Hang Seng Index closed up 0.35%, and the State-owned Enterprises Index closed down 0.13%.

As of the close, Hong Kong stocks rose 983, fell 754, and closed flat at 1157.

The specific industry performance is shown below:

On the plate side, most of the science and Internet stocks rose.Baidu, Inc. rose by more than 1%, Tencent by 0.19%, China by nearly 4%, and Bilibili Inc. by more than 1%.

Education stocks strengthenNew Oriental Education & Technology Group online rose by more than 16%, New Oriental Education & Technology Group-S by more than 9%, Tianli International Holdings by more than 10%, and Zhongjiao Holdings by more than 5%.

Gold stocks are among the top gainersZijin Mining Group is up more than 3%, Zhaojin Mining is up nearly 4%, Chinese gold is up more than 5% internationally, and Shandong Gold Mining is up nearly 2%.

Gaming stocks rose.Galaxy Entertainment rose by more than 3%, Sands China by more than 1%, Wynn Macau by more than 5% and SJM Holdings by more than 2%.

Property management stock reboundedCountry Garden Services Holdings rose by more than 6%, Xuhui Yongsheng service by more than 3%, Jinke service by more than 4%, and Greentown management by more than 7%.

The concept of Green Power is improving.Huaneng International Power, China Resources Power Holdings and CGN New Energy all rose by more than 3 per cent.

Pharmaceutical stocks fellWuxi Biologics fell more than 1%, Wuxi Apptec fell 0.67%, and Tengsheng Boyao-B and CANSINOBIO fell more than 3%.

Individual stocks$Baidu-SW (09888.HK) $It's up more than 1%.According to independent analysts at Seeking Alpha, Baidu, Inc. has a diversified portfolio of competitive businesses: search engines, artificial intelligence cloud, smart devices and smart driving. Combined with Baidu, Inc. 's penetration, brand awareness, the growth of China's cloud business, and Baidu, Inc. 's leading position in technology, Baidu, Inc. is expected to become the most valuable company in China by 2030.

Wynn Macau (01128.HK) $It's up more than 5%.On the news side, the Macao Special Administrative region novel coronavirus infection response Coordination Center reported that there has been no increase in society for four consecutive days. On July 27, the Macao Health Bureau announced the latest epidemic prevention plan, which will be extended by three days depending on the results of the next round of national nucleic acid testing. The follow-up epidemic in Macao will enter a "stable period", when epidemic prevention measures will be gradually relaxed.

$New Oriental Education & Technology Group online (01797.HK) $It rose by more than 16%.On the news side, Oriental selection launched a live broadcast of "Oriental selection trip to Heilongjiang" on July 26. Tianfeng Securities believes that more scenes unlocked, on the one hand, will enrich SKU and selection, on the other hand, the bank continues to be optimistic about Oriental selection in Douyin e-commerce field model innovation ability and increasingly prominent brand strength.

$Zijin Mining Group (02899.HK) $It's up more than 3%.On the news, according to the latest statistics of the China Gold Association, domestic raw material gold production in the first half of 2022 was 174.687 tons, an increase of 21.934 tons over the first half of 2021, and an increase of 14.36 percent over the same period last year. The World Gold Council expects domestic gold demand to pick up slightly month-on-month in the third and fourth quarters. And Wanlian Securities consumer team found that the major e-commerce platform gold jewelry turnover increased significantly in June.

$JS Global Lifestyle Company Limited (01691.HK) $Up nearly 4%.A number of big banks are optimistic about the improvement in their profitability in the second half of the year. Daiwa said that while it was cautious about overall demand for small household appliances in overseas markets, particularly in Europe and the US, the bank expected positive tariffs and stabilized raw material costs in the second half of the year to boost the company's profitability. According to the Bank of China International Development and Research report, it is still expected that the second half of 2022 will be a bright spot for the company because it will launch more new products. In addition, HSBC Research will also improve the company's situation in the second half of the year, when revenue and net profit will return to high single-digit growth.

Hong Kong stock exchange fund

As for the Hong Kong Stock Connect, there was a net outflow of HK $61 million from Hong Kong Stock Connect (southbound) today.

Today's turnover of Hong Kong shares TOP20

Message surface

Hong Kong Financial Secretary: Hong Kong's economic performance is expected to be better in the second half of the year than in the first half.

According to the website of Radio Television Hong Kong, on 28 July, Hong Kong Financial Secretary Paul Chan said at a press conference that the United States had raised interest rates by 0.75% for two months in a row and the external environment continued to deteriorate, which would be a drag on Hong Kong's export performance and affect local consumer sentiment and investment confidence. However, he pointed out that if the epidemic is stable in the second half of the year, it is estimated that the economic performance will be better than that in the first half of the year, but the economic growth for the whole year will inevitably be slightly adjusted downwards.

Macao Special Administrative region Government: launch a new round of gaming operations granted to public bidding

Macao SAR Chief Executive he Yicheng issued a directive on the 28th to launch a new round of public bidding for lucky gambling operations in casinos, which will be submitted from July 29 to September 14. The approval shall take effect from the day following its promulgation. According to the instructions, the number of open bids granted by lucky gambling operators in Macao casinos is six, with a maximum period of ten years.

National power investment: the total installed scale exceeds 200 million kilowatts of new energy generation, ranking first in the world.

According to the news of July 28, a few days ago, the State Power Investment held a promotion meeting on emerging industries in Beijing to deepen industrial and financial cooperation with various financial institutions in the emerging field of energy. Qian Zhimin, secretary of the national power investment party group and chairman of the board, said that at present, the total scale of the country's electric power installation has exceeded 200 million kilowatts, and the installed capacity of new energy power generation, renewable energy power generation and clean energy power generation all rank first in the world.

Ministry of Transport: speed up the release of 100 billion yuan of special re-loans for transportation and logistics

Recently, the Ministry of Transport and the Ministry of Finance issued the notice on supporting the complementary chain of the National Comprehensive Freight Hub. The relevant person in charge of the Ministry of Transport said that overall planning and increasing the support of logistics hubs and logistics enterprises is one of the important measures to ensure the stability of the industrial chain supply chain, and plays an important role in speeding up the construction of a new development pattern and promoting high-quality development. In terms of funds, we will set up and speed up the release of 100 billion yuan of transportation and logistics special re-loans.

Institutional viewpoint

Everbright Securities: maintenance$NetEase, Inc-S (09999.HK) $"Buy" rating, target price of HK $183

Everbright Securities released a research report saying that to maintain NetEase, Inc-S "buy" rating, the adjusted return net profit forecast for 2022-24 is 211 Universe 242 / 26.9 billion yuan, with a target price of HK $183. The domestic game industry sends a positive signal. As a head game manufacturer, NetEase, Inc has strong long-term operation ability and rich experience in cooperation with Blizzard and other game manufacturers IP. "Diablo: immortal" national service is expected to bring considerable increments for 22H2 revenue. It is recommended to pay attention to the online situation of "forever robbing forever" mobile games and "upstream cold" mobile games.

Daiwa: reiterate$New Oriental Education & Technology Group-S (09901.HK) $Buy rating, target price raised to HK $25

Daiwa released a research report that reaffirmed the New Oriental Education & Technology Group-S "buy" rating, raising its earnings per share forecast for the 2023-24 fiscal year by 11% to 23% due to the improvement in the profitability of the STEAM business, raising the target price from HK $23 to HK $25. According to the report, the company's FY2023Q1 revenue guidance was 10% higher than the bank expected. Due to the improved economic benefits of non-academic tutoring business units, New Oriental Education & Technology Group raised his profit guidance for fiscal 2023 and sought to return to profitability in the first quarter of the fiscal year and throughout the fiscal year. Daiwa said that New Oriental Education & Technology Group's live e-commerce business factors have been continuously reflected in the stock price, and it is believed that the improvement in profitability of each business will support the valuation.

Nomura: downgrade$Country Garden Services Holdings (06098.HK) $Rated to "underweight", the target price is reduced by 65% to HK $15.1

Nomura released a research report that downgraded Country Garden Services Holdings from "buy" to "underweight", cut its profit forecast for the 2022-24 fiscal year by 15 to 31 per cent, and lowered its target price by 65 per cent from HK $43.20 to HK $15.10. The bank expects the company to be inevitably affected by weak sentiment due to slowing growth in the size of management and falling gross margins, the report said. In addition, Country Garden Services Holdings's fundamentals may show more signs of deterioration, including a possible decline in mergers and acquisitions this year and next, as well as lower profit margins. Nomura believes that the growth model of previous M & A projects should be changed to focus on third-party business expansion.

Shen Wanhongyuan: the first$Yum China-S (09987.HK) $Buy rating with a target price of HK $440

According to a research report released by Shenwan Hongyuan, the first Yum China-S "buy" rating, income is expected to grow at a compound rate of 9% in 2021-25, mainly driven by new stores; the adjusted compound growth rate of net profit is 20%, with a target price of HK $440, corresponding to a 23% increase. The company plans to add a net 1000 to 1200 stores in 2022, with KFC accounting for most of the number of stores opened by brand; Pizza Hut will combine multiple store types, with large stores used to strengthen the brand image and satellite stores to increase density; the coffee brand will serve as the third growth engine, expecting 1000 stores by the end of the year for Lavazza; and Taco Bell expects to have 100 stores by the end of the year.