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.
This week, the Hang Seng Index had a cumulative decrease of 0.01% to 16721.69 points; the Hang Seng Technology Index had a cumulative increase of 0.68% to 3474.47 points during the same period; the State-owned Enterprises Index had a cumulative increase of 0.27% to 5879.58 points during the same period.
This week, gold continued to soar, driving Hong Kong gold stocks to experience a wave of strong increases.$ZHAOJIN MINING (01818.HK)$It surged more than 22%.
The company recently announced results for the first quarter of 2024, with operating income of about 1,981 billion yuan, up 13.94% year on year; net profit attributable to parent company owners' equity of about 221 million yuan, up 124.3% year on year; and basic earnings per share of 0.07 yuan.
The National Energy Administration is speeding up the development of clean energy and stimulating the strengthening of electricity stocks.$HUANENG POWER (00902.HK)$,$HUADIAN POWER (01071.HK)$Both rose by about 16% during the week; power equipment stocks$DONGFANG ELEC (01072.HK)$Up nearly 20%.
On the other hand, the weakest performing stocks this week are as follows:
Editor/Somer