There is a trade truce between China and the US, and the two countries have stopped imposing tariffs on each other. US stocks fell in a narrow range on Friday. The Dow closed at 24,715 points, a slight increase of 1 point. Summarizing the whole week, the Dow fell 0.5%.
The Hang Seng Index tried to close above 31,000 points last week. This morning it rose nearly 400 points, and the high level returned above 31,400 points. For upward resistance, keep an eye on the one-month high of 31,592 points. The net outflow of the Hang Seng Index (bullish securities and subscription warrants) on Friday was over HK$1 million (same below), and the five-day net inflow was over $140 million: As for the Hang Seng Index's short positions (bear stocks and put warrants), the net inflow of over $20 million on the same day and the five-day net inflow of over 100 million yuan, reflecting investors' views on the future market. Currently, I think the market will rebound in the short term. Pay attention to the Hang Seng Index bullish stock 62353 or Hang Seng Index subscription certificate 25279, which are newly listed today; on the contrary, I think there is an opportunity for the index to adjust in the short term, and keep an eye on the Hang Seng Index bear stock 59016 or Hang Seng Index put stock 19557.
In terms of individual stocks, foreign media quoted people familiar with the matter as revealing that the popular mobile game launched by Tencent (00700) based on the PC game “PlayerUnknown's Battlegrounds” was authorized by South Korea's Bluehole, causing Tencent to make slow progress in game commercialization. However, Tencent remained strong after announcing its results. The stock price continued to improve this morning, rising more than 1% and recovering from a 50-day mark of about 416.2 yuan. Last Friday, Tencent had a net outflow of over 6.7 million yuan, and a net inflow of more than 75 million yuan on a five-day basis. Currently, we are optimistic that Tencent will continue to rise. We can look out for Tencent's new bullish stock 63439, or Tencent's slightly overpriced subscription license 11483; conversely, if we are bearish, we can pay attention to Tencent's bearish stock 59683 or Tencent's discounted put stock 11094.
Reports indicate that China may increase energy imports to the US in response to the narrowing of its trade surplus with the US. International oil prices declined slightly from high levels last Friday, but on a weekly basis, New York oil futures rose 0.8%, improving for 3 consecutive weeks; Brandt oil rose by about 1.8%, rising for 6 consecutive weeks, marking the longest increase since March 2011, and at one point above 80 US dollars per barrel. Oil stocks rallied on Friday, and CNPC (00857) rose 6.3% to become the blue chip with the biggest increase.CNOOC(00883) It also rose 3.4% on Friday. The two major oil stocks developed separately this morning. CNOOC continued to test the peak. At one point, it reached a high of 14.6 yuan, then hit a high of nearly three years, while CNPC opened high and then fell back and consolidated below 6.5 yuan. Observing capital flows, CNOOC's good positions recorded a net inflow of over 2 million yuan last Friday, while CNPC's good positions recorded a net outflow of over 1.5 million yuan.
According to some reports, AIA (01299) CEO Huang Jinghui said that AIA currently operates in Guangdong, Jiangsu, Beijing, Shanghai, and Shenzhen on a wholly-owned basis. With the opening up of the mainland market, AIA will expand its business to other regions of China. Furthermore, the collaboration between AIA and Tencent's WeChat Medicine can also expand the Group's business in the mainland. AIA recently competed for a high position. It rose more than 2% this morning, once back to 74 yuan. A single share was credited by the Hang Seng Index by 60 points, driving the market up, and looking upward to see if it can return to the high level of 75 yuan listed. AIA had a net inflow of over 2.6 million yuan on Friday, and a net inflow of more than 9.4 million yuan on a five-day basis.
A selection of Ruitong warrants:
(Data as of 10:00 a.m. on Monday)