Focus on CHK and US stocks

Global stock markets are sluggish! Hong Kong stocks continued to fall, with China Evergrande falling nearly 10%, and these companies initiated buybacks

證券時報e公司 · Oct 4, 2023 13:41

来源：证券时报e公司

作者：王小伟

外围股市进入“连环跌”。昨日港股、亚太股市、美股均表现不佳，今天早盘，港股再度遭遇低位震荡。

今天港股指数整体低开后震荡，截至午间，香港$恒生指数 (800000.HK)$跌1.04%，创2022年11月以来新低。$恒生科技指数 (800700.HK)$跌1.71%。中国恒大继昨日大涨近30%后，今日反手下跌近10%。另一家与其同步复牌的公司$宏海控股集团 (08020.HK)$则继续大涨近40%。

一个值得注意的现象是，港股公司的回购阵营在持续扩围，表现出对当下估值的底部判断，以及对未来发展的信心。

中国恒大跌超8%

最受关注的$中国恒大 (03333.HK)$今日走弱，早盘跌近10%。而昨日，中国恒大复牌首日曾逆市大涨近30%。

10月3日9时，中国恒大、$恒大物业 (06666.HK)$在港交所恢复买卖，此前，两家公司披露了许家印因涉嫌违法犯罪，已被依法采取强制措施的公告。

与中国恒大同时复牌的航运公司宏海控股集团，成为今日港股盘面最靓的仔。

这是一家航运公司。今天是这家公司复牌第二日。公司股价一度暴涨78%，午间收盘时涨幅39.42%；昨日这家公司收涨逾642%。

公司股价之所以大涨，与绝对股价极低有关；同时，消息面上，公司接获联交所的函件，通知公司，上市复核委员会决定推翻GEM上市委员会决定。此前公司股东表示，公司现有业务绝非GEM上市委员会所言的不具备充足水平业务运作，认为公司当前正在开展具有充足水平的业务运作及充足价值的资产支持其营运。

“赛道公司”普跌

$美元指数 (USDindex.FX)$升破107创10个月新高，美国国债收益率创16年新高，美股三大指数下跌，这些都成为影响港股表现的重要因素。

弱市行情之下，多数公司股价表现不佳。

科网股普跌，百度跌超4%，商汤、美团、携程也跌超3%。内房股普遍下行，龙湖集团、中国金茂跌超2%。

汽车股也走弱，比亚迪股份、小鹏汽车跌近3%，蔚来跌超2%。零跑汽车跌近5%。最新披露的数据显示，9月零跑汽车交付量达15,800辆，创历史新高。今年第三季累计交付44,325辆，按季增长30%。零跑曾经有一段时间领跑新势力销冠，但相比之下，高端化进展比较慢，品牌形象的有效拉升显得吃力。

不只是港股的新能源汽车，全球电动车企业都在遭遇阶段性的估值杀。即便美股龙头特斯拉，昨日市值也一夜蒸发161亿美元，约人民币1176亿元。

游戏公司$中旭未来 (09890.HK)$逆势反弹逾15%。作为以“贪玩游戏”品牌经营公司网络游戏发行业务服务商，$赤子城科技 (09911.HK)$早盘也一度涨超10%，创今年年初以来新高。有机构指出，这家公司旗舰产品表现良好，多款新游陆续上线，未来三年储备丰富。

回购潮涌

面对市场的弱市，以公司为代表的部分产业资本借着低估值加速入场。回购成为越来越多企业的护盘方式。

$中国生物制药 (01177.HK)$3日盘后就披露了10亿港元回购计划，拟在公开市场上通过回购和指示负责管理股份奖励计划的受托人购买股份。公告透露，中国生物制药董事会留意到近期公司股价较为波动，认为公司股价目前被严重低估，为尽快提振投资人信心及提升股东回报，决定采纳该股份购买计划。

同时，$3D MEDICINES (01244.HK)$董事会也批准一项计划，以行使公司股东在股东周年大会上授予董事会股份回购授权，以及将在适当时间在公开市场上提议和批准的回购公司股份的相关一般授权。根据股份回购授权，公司获准回购最多2560.57万股股份，占公司于股东周年大会当日已发行股份总数的10%。

今日，3D MEDICINES股价一度大涨20%，不过早盘出现冲高回落，截至午间收盘，涨幅缩窄至6%。

此外，$友邦保险 (01299.HK)$逆市上涨近1%。公司公布，10月3日于联交所回购210万股，每股价格介乎63.1港元至64.5港元，涉资近1.35亿港元。

编辑/new

Source: Securities Times e Company

Author: Wang Xiaowei

Peripheral stock markets have entered a “series of declines.” Hong Kong stocks, Asia Pacific stock markets, and US stocks all underperformed yesterday. In early trading today, Hong Kong stocks once again experienced a low level of fluctuation.

Today, the Hong Kong stock index fluctuated after opening lower overall. As of midday, Hong Kong$Hang Seng Index (800000.HK)$It fell 1.04%, a new low since November 2022.$Hang Seng TECH Index (800700.HK)$Down 1.71%. Following a sharp rise of nearly 30% yesterday, China Evergrande rebounded by nearly 10% today. Another company that resumed trading at the same time$UNITAS HOLD (08020.HK)$Then it continued to soar by nearly 40%.

One notable phenomenon is that the repurchase camp of Hong Kong stock companies continues to expand, showing poor judgment on current valuations and confidence in future development.

China Evergrande fell more than 8%

Most viewed$EVERGRANDE (03333.HK)$Weakened today, down nearly 10% in early trading. Yesterday, on the first day of the resumption of trading, China Evergrande reversed the market and surged nearly 30%.

At 9:00 on October 3, China Evergrande,$EVERG SERVICES (06666.HK)$Trading resumed on the Hong Kong Stock Exchange. Earlier, the two companies disclosed an announcement that Xu Jiayin had taken coercive measures in accordance with the law due to suspicion of breaking the law and committing a crime.

The shipping company Honghai Holding Group, which resumed trading at the same time as China Evergrande, has become the strongest player in the Hong Kong stock market today.

It's a shipping company. Today is the second day this company has resumed trading. At one point, the company's stock price skyrocketed by 78%, and by 39.42% at the close of the afternoon; yesterday, the company closed up more than 642%.

The reason for the sharp rise in the company's stock price is related to the extremely low absolute stock price; at the same time, according to the news, the company received a letter from the Stock Exchange informing the company that the Listing Review Committee decided to overturn the GEM Listing Committee's decision. Earlier, the company's shareholders stated that the company's current business is by no means an insufficient level of business operation as stated by the GEM listing committee. They believe that the company is currently developing a sufficient level of business operations and assets with sufficient value to support its operations.

“Track Company” generally declined

$USD (USDindex.FX)$The rise above 107 hit a 10-month high, US Treasury yields hit a 16-year high, and the three major US stock indices fell. These have all become important factors affecting the performance of Hong Kong stocks.

Under a weak market, most companies' stock prices did not perform well.

Science and Technology Network stocks generally fell. Baidu fell more than 4%, while Shangtang, Meituan, and Ctrip also fell more than 3%. Domestic housing stocks generally declined, with Longhu Group and China's Jinmao falling more than 2%.

Auto stocks also weakened, with shares of BYD and Xiaopeng Motor falling nearly 3%, and NIO falling more than 2%. Zero-sport cars fell nearly 5%. According to newly disclosed data, the number of Zero Sport cars delivered in September reached 15,800, a record high. A total of 44,325 vehicles were delivered in the third quarter of this year, an increase of 30% from quarter to quarter. Zero Run used to lead the sales of new forces for a while, but in contrast, high-end development is progressing slowly, and it seems difficult to effectively boost the brand image.

It's not just Hong Kong-owned new energy vehicles; electric vehicle companies around the world are facing phased valuation kills. Even Tesla, the leader in US stocks, evaporated yesterday's market value of 16.1 billion US dollars overnight, or about 117.6 billion yuan.

game company$ZX INC (09890.HK)$It bucked the trend and rebounded more than 15%. As a service provider that operates a company's online game distribution business under the “Play Games” brand,$NEWBORNTOWN (09911.HK)$Early trading also rose more than 10% at one point, a record high since the beginning of this year. Some agencies pointed out that the company's flagship products have performed well, many new tours have been launched one after another, and reserves are plentiful for the next three years.

Buyback surge

Faced with a weak market, some industrial capital, represented by companies, is using undervaluation to accelerate entry into the market. Repurchases are becoming a way for more and more companies to protect their markets.

$SINO BIOPHARM (01177.HK)$The HK$1 billion repurchase plan was revealed after the 3rd trading session. It is intended to purchase shares on the open market through repurchases and instructions to the trustee responsible for managing the share award scheme. The announcement revealed that the board of directors of China Biopharmaceuticals has noticed recent fluctuations in the company's stock price and believes that the company's stock price is currently seriously underestimated. In order to boost investor confidence and increase shareholder returns as soon as possible, it has decided to adopt the share purchase plan.

At the same time,$3D MEDICINES (01244.HK)$The board of directors also approved a plan to exercise the share repurchase authorization granted to the board by the company's shareholders at the annual general meeting, as well as the related general authorization to repurchase the company's shares that will be proposed and approved on the open market at an appropriate time. According to the share repurchase authorization, the company was authorized to repurchase up to 2.6557 million shares, accounting for 10% of the total number of shares issued by the company on the day of the annual shareholders' meeting.

Today, the stock price of 3D MEDICINES surged 20% at one point, but there was a sharp decline in early trading. By the midday close, the increase had narrowed to 6%.

Furthermore,$AIA (01299.HK)$The reversal of the market rose by nearly 1%. The company announced that it repurchased 2.1 million shares on the Stock Exchange on October 3. The price per share ranged from HK$63.1 to HK$64.5 million, involving nearly HK$135 million.

edit/new

The translation is provided by third-party software.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.