Editor's note:“This Week's Bullish Stocks in Hong Kong and the US”The section closely follows market trends every week, takes stock of the weekly performance of the Hong Kong and US stock markets, helps bulls sort through the week's hot sectors, strong individual stocks, and major news, and find profitable investment topics.
The three major indices of the Hong Kong stock market showed a sharp upward trend this week. The market once rose for two consecutive trading days, but after Wednesday, the market repeated its decline. The cumulative increase was still the whole week. The Hang Seng Index had a cumulative increase of 2.25%, the Hang Seng Technology Index had a cumulative increase of 4.85%, and the state-owned enterprises index had a cumulative increase of 2.9% over the same period.
Judging from the money-making effect, most biomedical stocks showed strong performance.$KEYMED BIO-B (02162.HK)$,$SKB BIO-B (06990.HK)$,$REMEGEN (09995.HK)$,$TIGERMED (03347.HK)$Both increased by more than 20%.
According to market opinions, although pharmaceutical stocks as a whole continue to be affected by negative overseas factors, the resulting difference in expectations is easier to focus on market attention as individual stock performance increases, and it is worth keeping track of by investors.
$GOLDENSOLAR (01121.HK)$It surged more than 47% this week, and has accumulated an increase of nearly 80% in the past seven trading days.
Minmetals Securities pointed out that during the downturn in the industry, technological innovation had an even more obvious effect on reducing photovoltaic costs, and the current choice of battery technology has become an important competitive strategy for enterprises in the medium term. The bank pointed out that BC batteries are platform technology, and more battery technologies can be superimposed to achieve product optimization. It is estimated that the order of industrialization is HPBC, TBC, and HBC. The maturity of BC technology will greatly change battery technology, and leading companies are expected to stand out.
$FIT HON TENG (06088.HK)$It surged nearly 20% in one day. CMB International pointed out that this year, the company's multiple product lines ushered in new product sales and business breakthroughs. Overall, in 2024, the company showed various growth momentum, the product portfolio continued to be optimized, and the Internet connectivity business division's product portfolio adjustments were nearing completion. The bank is optimistic that the company will achieve an increase in revenue and continue to expand profit margins in 2024.
On the other hand, the weakest performing stocks this week are as follows:
Editor/Somer