This week, the weakness of Hong Kong stocks fluctuated. As of Friday's close, the Hang Seng Index fell 6% and lost 20, 000 points, while the Hang Seng Technology Index and the State-owned Enterprises Index fell more than 10% and 1% respectively.

Judging from the list of individual stock gains,Layout meta-universe tourism$ITP HOLDINGS (08446.HK)$It is up more than 11% this week.The company recently announced that it intends to acquire Jinlun World, and this disclosed acquisition also means that the company will step into the new field of tourism + meta-universe. It is reported that ITP HOLDINGS is a Hong Kong local video display solution provider, providing video display solutions and related equipment for pop music concerts, corporate events and exhibitions in Hong Kong, Macau and mainland China.

Shipping index hit a two-month high$COSCO SHIP ENGY (01138.HK)$The stock rose more than 8% during the week and more than 50% during the year, with the stock reaching its highest level since January 2011.On the news side, the Baltic dry bulk index rose to 1327 on March 8, a two-month high, and has risen for 14 consecutive days, up 150.38%. As a global tanker transportation leader, the company expects a net profit of 1.28 billion yuan to 1.58 billion yuan in 2022 to turn a loss into a profit. Guotai Junan Securities pointed out that the profit flexibility of COSCO's offshore oil transportation business is sufficient, similar to the "oil ETF" in shipping stocks. The oil transportation industry has completed the bottoming out of supply and demand in the past two years, the recovery of the oil transportation industry is certain in the next two years, and geo-conflicts provide "super bull market" options.The agency predicts that the return net profit of Cosco Haineng in 2023 will reach 3.75 billion yuan, which will continue to rise sharply.

The performance has increased by more than 2 times in advance!$MEDLIVE (02192.HK)$It is up nearly 7% this week.The company recently issued a profit pre-increase announcement, which expects revenue to grow by about 10 per cent in 2022, while net profit from home has increased significantly to no less than 100m yuan from 40.6 million yuan in 2021, an increase of about 244 per cent over the same period last year. Anxin International previously pointed out that Medical Maitong had been affected by the epidemic, and there was a certain lag in the progress of customer implementation in pharmaceutical companies, and customer demand is expected to be concentrated.

$YANCOAL AUS (03668.HK)$The weekly increase is over 6%.On the news side, the company recently announced that from March 13, 2023, Yanzhou Coal Australia's shares will be included in the Hong Kong Stock Exchange's list of stocks qualified for trading. According to a research report released by Anxin International, as the target of the scarcity of overseas coal port stocks, this inclusion will give domestic investors the opportunity to buy shares, usher in historical opportunities and further enhance stock liquidity.

On the other hand, the weaker stocks this week are as follows:

For the current level, Guohai Securities pointed out that investors may have doubts about the space and pace of the rebound in Hong Kong stocks. Guohai Securities released a research report that the Hang Seng Index has strong support near 19000-20000, but the rebound at the index level should be based on the medium-term thinking.A larger trend rebound in Hong Kong stocks is likely to occur around May: because some of the first-quarter results of A-shares and Hong Kong stocks in April can be digested; some domestic macroeconomic readings in the second quarter of this year may be high because of the ultra-low base caused by the epidemic in the second quarter of last year.

Edit / Corrine