Futu News reported on September 19 that the three major Hong Kong stock indices had mixed ups and downs. The Hang Seng Index closed up 0.37%, the Codex fell 0.06%, and the National Index rose 0.42%.
![](https://postimg.futunn.com/16951109242744749027631.png)
By the close, Hong Kong stocks had risen 742, fell 1,093, and closed 1124.
![](https://postimg.futunn.com/16951109799767933847391.png)
The specific industry performance is as follows:
![](https://postimg.futunn.com/16951114265636738576742.jpeg)
On the sector side, most of Science and Technology Network's stocks have declined.JD fell more than 1%, Baidu fell nearly 1%, Meituan and Kuaishou fell slightly, NetEase rose more than 1%, Alibaba and Bilibili rose nearly 1%, and Tencent rose slightly.
Auto stocks generally declined,Zero Run fell nearly 5%, NIO fell more than 4%, Ideal fell nearly 3%, Great Wall fell more than 2%, Geely fell nearly 1%, BYD fell slightly, and Xiaopeng rose slightly.
Real estate stocks and property management stocks have had mixed ups and downs.Ocean Group rose nearly 2%, China's overseas development rose nearly 1%, Sun Hung Kai's assets rose slightly, China Evergrande fell nearly 10%, Sunac China fell more than 4%, Country Garden services fell nearly 4%, and Country Garden fell nearly 3%.
Coal stocks were strong throughout the day.Yankai Australia rose nearly 6%, Yankuang Energy rose nearly 5%, and China Shenhua rose nearly 3%.
Telecom stocks are getting stronger,China Mobile rose more than 2%, China Telecom rose nearly 2%, and China Unicom fell nearly 1%.
Gold stocks are good,Zijin mining rose more than 2%, Shandong gold rose nearly 1%, and Zhaojin mining declined slightly.
On the other hand, gas stocks were strong, and the increase at the end of the session further increased.$KUNLUN ENERGY (00135.HK)$It surged more than 7%, leading the way; most of the leading Chinese stocks, semiconductor stocks, port and shipping stocks rose; dairy stocks fell significantly; military stocks were underperforming throughout the day; and restaurant stocks fell one after another.
In terms of individual stocks,$YANCOAL AUS (03668.HK)$There has been a rise of nearly 6%, overseas demand for coal has increased dramatically, and coal prices have continued to rise recently.
$EVERGRANDE (03333.HK)$It fell nearly 10%. The debt for the first half of the year was nearly 2.4 trillion dollars, and Citi sharply lowered its target price to HK$0.5.
$TRAD CHI MED (00570.HK)$It increased by more than 5%, and the implementation of national standards boosted a month-on-month increase in formula particles.
$SUNAC (01918.HK)$It fell more than 4%, and at one point rose more than 12% in early trading. It applied to the US court for Chapter 15 certification of the restructuring of US dollar bonds.
$LI AUTO-W (02015.HK)$Declining nearly 3%, Wang Xing reduced his holdings for four consecutive days, and cashed out a total of HK$310 million.
$FLOWING CLOUD (06610.HK)$It surged by more than 18%, and institutions are optimistic about the increase in the penetration rate of AR/VR scenarios and the increase in demand for 3D content.
Today's Top 20 Hong Kong Stock Turnovers
![](https://postimg.futunn.com/1695111498841414230639.png)
Hong Kong Stock Connect Capital
In terms of Hong Kong Stock Connect, Hong Kong Stock Connect (Southbound) today had a net inflow of HK$3.487 billion.
![](https://postimg.futunn.com/16951113740197189227974.png)
Agency Perspectives
JBOB International: Low valuations of Hong Kong stocks are attractive, short selling is still flexible
CBI released a research report saying that the current valuation of Hong Kong stocks is at the bottom of history.$Hang Seng Index (800000.HK)$Currently, the dynamic price-earnings ratio is close to two times the standard deviation below the average for the past 10 years; policy combinations are being introduced intensively; Hong Kong stock repurchases are currently at an unprecedented level. Strong repurchases are undoubtedly the most direct signal, sending the most direct message to investors: the current valuation of Hong Kong stocks is extremely attractive; the current level of short selling of Hong Kong stocks is not low, indicating that potential flexibility is still high.
Omo: Lowered Macau's gaming revenue forecast for September to MOP 14.6 billion, favoring Wynn Macau and MGM China
According to a research report released by Damo, the gaming revenue of the Macau gaming industry is expected to rise 6% quarterly in the third quarter to 68% in the same period in 2019, but it is estimated that EBITDA in the fourth quarter will rise by more than 10% quarterly, benefiting from good revenue recovery and operational deleveraging of the industry. Entering the third quarter's performance, the bank's current preferences$WYNN MACAU (01128.HK)$,$MGM CHINA (02282.HK)$More than$SANDS CHINA LTD (01928.HK)$.
Bank of America Securities: Maintains Tencent's “buy” rating, target price is HK$450
Bank of America Securities released a research report saying, maintain$TENCENT (00700.HK)$“Buy” rating, short-term gaming and advertising business trends are good, with a target price of HK$450. The report quoted management as saying that domestic game commercialization performance in the third quarter was strong compared to the previous quarter; international games continued to outperform domestic games; advertising business grew healthily in the second half of the year; in addition, Tencent and$BABA-SW (09988.HK)$Strengthen advertising cooperation.
editor/tolk