Futu Information on August 9 | the three major indexes of Hong Kong stocks rose and fell, the Hang Seng Index closed down 0.21%, the Hang Seng Index closed down 0.93%, and the State-owned Enterprises Index closed down 0.39%.

As of the close, Hong Kong stocks rose 846, fell 890, and closed flat at 1162.

The specific industry performance is shown below:

In the sector, most of the large technology stocks fell.JD.com fell by nearly 4%, Meituan by 2%, NetEase, Inc by 1%, Kuaishou Technology by 0.58% and Tencent by 0.47%.

Shipping stocks led the decline.Orient Overseas fell more than 6 per cent, Pacific Shipping fell more than 3 per cent, SITC International Holdings fell nearly 3 per cent, and China Merchants Port fell nearly 2 per cent.

Green Power concept stocks fellChina Resources Power Holdings fell more than 4 per cent, China Power fell nearly 2 per cent, Huaneng International Power fell nearly 2 per cent and ENN Energy fell more than 1 per cent.

Coal stocks continue to be strongChina Coal Energy is up more than 5%, China Shenhua Energy is up more than 3%, Yanzhou Mining Energy is up more than 2%, and Yanzhou Coal Australia is up nearly 4%.

Property management stocks strengthenCountry Garden Services Holdings rose more than 4%, Xuhui Yongsheng Service, Jinke Service and China Resources Mixc Lifestyle Services rose more than 2%.

Non-ferrous metal stocks rose.Tianqi lithium industry rose by more than 5%, Ganfeng Lithium by more than 3%, China Hongqiao by more than 1%, and Zijin Mining Group by 1%.

Other aspects5G concept stocks, beer stocks, sporting goods stocks and home appliance stocks rose slightly, while education stocks, automobile stocks, auto parts stocks and logistics stocks fell one after another.

Individual stocks$Macro Optical Semiconductor (06908.HK) $涨0.45%。On the news side, research firm Gartner predicts that global semiconductor revenue is expected to grow by 7.4% in 2022, down from 13.6% in the previous quarter and down from 26.3% in 2021. CITIC said that for a period of time, the fundamentals of semiconductors will still be affected by the shrinking demand caused by communications and consumer electronics.

$Orient Overseas (00316.HK) $It fell by more than 6%.In the news, the Shanghai Aviation Exchange announced that the latest SCFI index fell 148.13 points, or 3.81%, to 3739.72, the lowest since mid-June last year, and the four long-haul routes fell simultaneously. Analysts say inflation, epidemic control and the increase in new ships have led to a sluggish market season, with Shanghai's export container freight index falling for eight weeks in a row.

$New Oriental Education & Technology Group online (01797.HK) $Up nearly 2%.News side, in response to the recent market rumors that Douyin e-commerce has limited the flow of Oriental selection. In response to a reporter from the China Securities Daily, the company said that it had not received the notification of current restrictions from Douyin. At present, the company is making great efforts to develop its own products, which will be disclosed in the next financial report.

$China Coal Energy (01898.HK) $It's up more than 5%.Cinda Securities said demand for coal was still growing. Under the premise that there is no obvious recession in the economy, the tight pattern of coal supply and demand will not change fundamentally. Guosheng Securities said that taking into account the long-term high profits of coal companies are expected to continue, high cash flow in the context of increasing dividend ratio, the coal sector is ushering in performance, valuation of Davis double-click.

$Ganfeng Lithium (01772.HK) $It's up more than 3%.On the evening of August 8, Ganfeng Lithium announced that the company had received notification from Shanghai Ganfeng that Shanghai Ganfeng had completed its offer to acquire Bacanora, which currently holds a 100% stake in Bacanora.

Hong Kong stock exchange fund

As for the Hong Kong Stock Connect, there was a net outflow of HK $597.1 million from Hong Kong Stock Connect (southbound) today.

Today's turnover of Hong Kong shares TOP20

Message surface

Hong Kong Special Administrative region Government: launch of "3-4" quarantine scheme for overseas arrivals

On August 8, the Chief Executive of the Hong Kong Special Administrative region, Li Jiachao, held the first press conference of the "epidemic guidance and Coordination Group" and announced the launch of the "34th" plan from August 12, that is, the quarantine inspection arrangement for people arriving from overseas areas was changed to three days of hotel quarantine and four days of home medical surveillance. The mobile app "Travel at ease" will be implemented in conjunction with the "red and yellow code" under the "34th" program. The "peace of mind" mobile app for arrivals will show a yellow code, while those diagnosed will show a red code.

Passenger Association: sales of new energy passenger cars will be raised to 6 million in 2022.

The Federation of passengers pointed out that according to the data of the Federation of passengers, 2.466 million new energy passenger vehicles were wholesale from January to June, an increase of 122.8% over the same period last year. With the wholesale sales of 564000 new energy passenger cars in July, the growth rate of 123.7% continues unabated. The overall progress of China's new energy vehicles in 2022 has exceeded the Federation's forecast of 5.5 million passenger vehicles at the end of last year, so it is prudent to raise the forecast of 500000 to 6 million new energy passenger vehicles, which may still be raised at the beginning of the fourth quarter.

Four departments: strengthen the monitoring of the shortage of drugs and the production and reserve of selected drugs in the centralized procurement of drugs organized by the state

The General Office of the Ministry of Industry and Information Technology, the General Office of the State Health Commission, the Office of National Healthcare Security Administration, and the General Department of the State Drug Administration issued a circular on strengthening the monitoring of the production and reserve of selected drugs in the centralized procurement of drugs organized by the State. The local departments in charge of industry and information technology, together with the departments in charge of health, medical security and drug supervision, supervise and guide the monitoring enterprises in the region to fill in the production reserve information online and coordinate the organization of production and supply. The Ministry of Industry and Information Technology shall, together with relevant departments, analyze the production reserve information, carry out timely inspection and evaluation, publish relevant information, and coordinate and solve major problems.

Ministry of Industry and Information Technology: from January to June, the cumulative operating income of enterprises above the size of the clothing industry increased by 4.5% compared with the same period last year.

Ministry of Industry and Information Technology: from January to June, there were 13067 enterprises above the scale of the clothing industry, with a cumulative operating income of 688.5 billion yuan, an increase of 4.5% over the same period last year, a total profit of 30.7 billion yuan, an increase of 4.0% over the same period last year, a profit margin of 4.5%, an increase of 0.31% over the same period last year, and a loss of 27.0% of the industry, down 0.9% from the same period last year. The output of clothing was 11.3 billion, down 1.5% from the same period last year. The average number of workers employed in the industry was 2.36 million, down 4.3 per cent from the same period last year.

Institutional viewpoint

Daiwa: maintain$Tencent (00700.HK) $"Buy" rating, target price lowered to HK $450

According to a research report released by Daiwa, it maintained Tencent's "buy" rating, lowered its 2022-24 income forecast by 2-3 per cent, and lowered its profit forecast by 2-8 per cent, with the target price cut by 6.3 per cent from HK $480 to HK $450. As the video number entered its third year, the bank noticed that the company's cash flow accelerated.

Xiaomo: maintain$INNOVENT BIO (01801.HK) $Increase the rating and raise the target price to HK $51

Xiaomo released a research report saying it maintained INNOVENT BIO's "overweight" rating and estimated that after risk adjustment for its IBI-362, sales of diabetes and obesity would peak at 2 billion yuan, raising the target price from 47 Hong Kong dollars to 51 Hong Kong dollars. The company announced a partnership with Sanofi, which will spend 300 million euros to buy shares, the report said. In addition, INNOVENT BIO published positive data on diabetes subjects in the research drug IBI-362 (GLP-1/GCGR) last month.

Tianfeng Securities: maintain$BABA-SW (09988.HK) $"Buy" rating, 23Q1 Revenue exceeds expectations

According to a research report released by Tianfeng Securities, maintaining the BABA-SW "buy" rating, the company disclosed that FY2023Q1 (the end of June quarter) achieved revenue of 205.6 billion yuan, exceeding Bloomberg's consensus expectation, and the adjusted net profit attributed to shareholders was 31.355 billion yuan. The year-on-year profit decline was mainly due to a decline in customer management income, resulting in a decline in adjusted EBITA in China's business division, partly offset by narrowed adjusted EBITA losses in local living services.