HK Stock preview | CG Services expected to slide by 33.7%-40.1% in H1 net income; bocom intl: liquidity easing expected to boost HK stock valuation repair.

Futu News · Aug 13 08:03

港股要闻

1）公司事项

$华润置地 (01109.HK)$：前7月累计合同销售1402亿元，同比减少25.2%。

$宝胜国际 (03813.HK)$：前7月综合累计经营收入净额112.46亿元，同比下跌9.1%。

$君实生物 (01877.HK)$：特瑞普利单抗抗一线治疗黑色素瘤的新适应症上市申请获得受理。

$时代中国控股 (01233.HK)$：高等法院进一步押后呈请聆讯至2024年10月21日。

$正荣地产 (06158.HK)$：重组支持协议的最后截止日期进一步延长至2024年8月15日。

2）业绩速递

$裕元集团 (00551.HK)$：上半年营收40.15亿美元，同比减少3.36%；净利润1.84亿美元，同比增加120.57%。公告称，期内订单随产业的良好复苏愈趋常态化，鞋履出货量上升9.9%至1.21亿双。

$贝壳-W (02423.HK)$：上半年净收入为人民币397.48亿元，同比基本持平；净利润约23.24亿元，同比减少42.7%。

$碧桂园服务 (06098.HK)$：预计上半年收入约209亿元至212亿元，上一年同期约为207亿元；净利润14.7亿元至16.5亿元，同比下滑33.7%-40.1%。

$德康农牧 (02419.HK)$：预计上半年净利润约17.13亿元至18.13亿元，同比扭亏为盈。

$阅文集团 (00772.HK)$：上半年收入约41.91亿元，同比增长27.7%；净利润约5.04亿元，同比增长33.9%。

$复旦张江 (01349.HK)$：上半年收入约4.08亿元，同比减少21.94%；净利润7047.3万元，同比增长2.97%。

$和誉-B (02256.HK)$：上半年收入4.97亿元，同比增长2509%。主要归因于公司从Merck收取的首付款。研发开支2.15亿元，同比增长5.1%。公司管线项目的推进，利润2.07亿元及实现经营活动现金流为正。

$重庆机电 (02722.HK)$：预计上半年净利润同比将有40%-50%左右的增长，主要因投资收益增加。

$欧康维视生物-B (01477.HK)$：上半年收入1.676亿元，同比增长61.6%；调整后净亏损1.01亿元，同比收窄20.0%。

$云南水务 (06839.HK)$：预计上半年净亏损7亿元至9亿元。

$万达酒店发展 (00169.HK)$：发布盈警，预计中期亏损净额8.8亿港元至9.3亿港元

3）回购动态

$友邦保险 (01299.HK)$：斥资约1.46亿港元回购281.42万股，回购价51.65-52.6港元。

$快手-W (01024.HK)$：斥资3499.9万港元回购77.79万股，回购价44.5-45.15港元。

$汇丰控股 (00005.HK)$：斥资3亿港元回购468.96万股，回购价63.55-64.45港元。

$中国有赞 (08083.HK)$：拟根据股份购回授权回购不超过32.98亿股。

热点聚焦

周一，美股三大指数基本平收

面对中东、俄乌和美国大选的诸多不确定性在本周集中爆发，周一，美股三大股指在开盘短暂试图拉涨后便进入了无力抵抗的“躺平”状态，最终 $纳斯达克综合指数 (.IXIC.US)$ 以微弱幅度收涨，$标普500指数 (.SPX.US)$则以极其微弱的幅度收涨， $道琼斯指数 (.DJI.US)$ 小幅下跌。截至周一收盘，纳斯达克指数涨0.21%，报16780.61点；标普500指数微涨0.23点，报5344.39点；道指跌0.36%，报39357.01点。

科技股整体表现平平，苹果涨0.71%、微软涨0.19%、亚马逊跌0.08%、META跌0.35%、谷歌-A跌0.84%、特斯拉跌1.26%、英伟达涨4.08%、英特尔跌1.78%、AMD涨1.86%。

纳斯达克中国金龙指数收涨0.61%，阿里巴巴涨1.15%、百度涨0.15%、拼多多涨3.21%、京东涨0.73%、网易跌0.9%、蔚来跌0.53%、理想汽车跌1.91%、小鹏汽车跌3.35%。

黄金概念股普涨，巴里克黄金涨9.08%、伊格尔矿业涨3.48%、纽曼矿业涨2.26%。

交银国际：流动性趋宽松有望推动港股估值修复

交银国际策略师蔡瑞认为，随着美联储即将减息，流动性趋宽松有望推动港股估值修复。中长期方面，他建议可密切关注围绕新质生产力上中下游作为投资策略的主线，支持新质生产力的重要战略金属原材料、优势高端制造、自主可控且受益于大规模设备更新的机械设备、半导体国产替代等主题板块。

欧佩克下调全球石油需求增长预期，10月增产计划或按下暂停键

欧佩克下调了对2024年全球石油需求增长的预测，理由是一些主要经济体的消费量低于预期，此外，它还下调了对明年的预期。欧佩克月报显示，到2024年，预计全球石油需求将增加211万桶/日，低于上个月预计的225万桶/日的增长。欧佩克还将明年的需求增长预期从此前的185万桶/日下调至178万桶/日。

萝卜快跑：未开展任何招商加盟、租赁及资金募集等相关业务

萝卜快跑在官博发布声明称，针对近期以“萝卜快跑”名义开发虚假网站及APP，并通过网络（社交媒体、聊天软件等）散布虚假招商加盟、租赁信息等涉嫌非法获取公民个人信息、诈骗的违法犯罪活动，萝卜快跑发布声明并称已第一时间向相关部门举报，同时向各社交媒体平台累计发出800余次举报，截至目前已下架736条谣言内容。萝卜快跑从未自行或授权任何第三方开展“招商加盟”、“租赁”、“资金募集”等相关业务。

恒指夜期收盘

截至8月13日， $恒指当月期货 (HSIcurrent.HK)$ 夜盘收报17144点，上涨67点或0.39%，高水32点，未平仓合约总数为113321张。

恒指牛熊证

截至8月13日，恒指最新的牛熊街货比例为51:49。

恒指牛熊证街货分布图中的数据显示，熊证街货重货区在17400-17499区间，该区间最新熊证数量为1082张，较上一交易日增加49张；最多新增在17200-17299区间，该区间最新熊证数量为276张，较上一交易日增加118张。

牛证街货重货区在16700-16799区间，该区间最新牛证数量为1020张，较上一交易日增加259张；最多新增在相同区间。

编辑/emily

Hong Kong Stock Market News:

1) Company Matters.

$CHINA RES LAND (01109.HK)$Contract sales in the first 7 months amounted to CNY 140.2 billion, a decrease of 25.2% YoY.

$POU SHENG INT'L (03813.HK)$The comprehensive net operating income for the first 7 months was CNY 11.246 billion, a decrease of 9.1% YoY.

$JUNSHI BIO (01877.HK)$The market approval application for Trop-2 monoclonal antibody for first-line treatment of melanoma has been accepted.

$TIMES CHINA (01233.HK)$The High Court has further adjourned the request for hearing until October 21, 2024.

$ZHENRO PPT (06158.HK)$The final deadline for the restructuring support agreement has been extended to August 15, 2024.

Business performance update:

$YUE YUEN IND (00551.HK)$In the first half of the year, revenue was USD 4.015 billion, a decrease of 3.36% YoY; net income was USD 0.184 billion, an increase of 120.57% YoY. The announcement stated that orders during the period have become more normalized as the industry recovers well, and shoe shipments increased by 9.9% to 0.121 billion pairs.

$BEKE-W (02423.HK)$In the first half of the year, the net income was approximately CNY 39.748 billion, basically the same YoY; net profit was approximately CNY 2.324 billion, a decrease of 42.7% YoY.

$CG SERVICES (06098.HK)$It is expected that revenue in the first half of the year will be around CNY 20.9 billion to 21.2 billion, compared to around CNY 20.7 billion in the same period last year; net profit will be CNY 1.47 billion to 1.65 billion, a YoY decrease of 33.7%-40.1%.

$DEKON AGR (02419.HK)$It is expected that the net profit in the first half of the year will be approximately CNY 1.713 billion to 1.813 billion, turning losses into gains YoY.

$CHINA LIT (00772.HK)$In the first half of the year, revenue was approximately CNY 4.191 billion, an increase of 27.7% YoY; net profit was approximately CNY 0.504 billion, an increase of 33.9% YoY.

$FUDANZHANGJIANG (01349.HK)$In the first half of the year, revenue was approximately CNY 0.408 billion, a decrease of 21.94% YoY; net profit was CNY 70.473 million, an increase of 2.97% YoY.

$ABBISKO-B (02256.HK)$Revenue in the first half of the year was CNY 0.497 billion, an increase of 2509%. This was mainly attributed to the down payment received by the company from Merck. Research and development expenses were CNY 0.215 billion, up 5.1% YoY. The advancement of the company's pipeline projects resulted in profits of CNY 0.207 billion and positive operating cash flow.

$CHONGQING M&E (02722.HK)$It is expected that the YoY growth of net profit in the first half of the year will be about 40%-50%, mainly due to increased investment income.

$OCUMENSION-B (01477.HK)$In the first half of the year, revenue was CNY 0.1676 billion, an increase of 61.6% YoY; adjusted net loss was CNY 0.101 billion, a decrease of 20.0% YoY.

$YUNNAN WATER (06839.HK)$It is expected that the net loss in the first half of the year will be between CNY 0.7 billion and 0.9 billion.

$WANDA HOTEL DEV (00169.HK)$A profit warning has been issued, and the net loss in the midterm is expected to be between HKD 0.88 billion and 0.93 billion.

3) Buyback Dynamics

$AIA (01299.HK)$Approximately HKD 0.146 billion will be used to repurchase 2.8142 million shares at a repurchase price of HKD 51.65-52.6.

$KUAISHOU-W (01024.HK)$The company spent HKD 34.999 million to repurchase 0.7779 million shares, with a repurchase price of HKD 44.5-45.15 per share.

$HSBC HOLDINGS (00005.HK)$The company spent HKD 0.3 billion to repurchase 4.6896 million shares, with a repurchase price of HKD 63.55-64.45 per share.

$CHINA YOUZAN (08083.HK)$It plans to repurchase up to 3.298 billion shares based on the share repurchase authorization.

Focus on hotspots:

On Monday, the three major U.S. stock indexes were basically flat.

Facing many uncertainties such as the Middle East, Russia and Ukraine, and the U.S. election that erupted collectively this week, the three major U.S. stock indexes tried to rise briefly after opening the market on Monday and then entered an 'unable-to-resist' 'Lying Flat' state, finally, $Nasdaq Composite Index (.IXIC.US)$ closed up slightly.$S&P 500 Index (.SPX.US)$closed up very slightly. $Dow Jones Industrial Average (.DJI.US)$ As of Monday's close, the Nasdaq rose 0.21% to 16,780.61, the S&P 500 rose 0.23 points to 5,344.39; and the Dow fell 0.36% to 39,357.01.

Technology stocks performed average, Apple rose 0.71%, Microsoft rose 0.19%, Amazon fell 0.08%, META fell 0.35%, Google-A fell 0.84%, Tesla fell 1.26%, NVIDIA rose 4.08%, Intel fell 1.78%, AMD rose 1.86%.

Nasdaq China Gold Dragon Index rose 0.61%, Alibaba rose 1.15%, Baidu rose 0.15%, PDD Holdings rose 3.21%, JD.com rose 0.73%, Netease fell 0.9%, NIO Inc fell 0.53%, LI Auto Inc fell 1.91%, Xpeng fell 3.35%.

Gold concept stocks rose across the board, with Barrick Gold up 9.08%, Agnico Eagle up 3.48%, and Newmont up 2.26%.

BOCOM International: The trend of liquidity becoming more relaxed is expected to promote the valuation repair of Hong Kong stocks.

Cai Rui, strategist at Bocom Intl, believes that with the Fed's imminent interest rate cut, the trend towards loose liquidity is expected to drive a valuation repair for Hong Kong stocks. In the medium to long term, he suggests focusing on new quality productivity as an investment strategy, with upstream, midstream, and downstream being the main themes of the strategy. Supporting the major strategic metals raw materials for new quality productivity, advantaged high-end manufacturing, autonomous and controllable mechanical equipment that benefit from large-scale equipment updates, and domestic substitutes for semiconductors and other thematic sectors.

OPEC lowered its forecast for global oil demand growth, and October's production increase plan may press the pause button.

OPEC has lowered its forecast for global oil demand growth in 2024, citing less-than-expected consumption in some major economies. It also lowered its forecast for next year. OPEC's monthly report showed that by 2024, global oil demand is expected to increase by 2.11 million barrels/day, lower than the previously expected growth of 2.25 million barrels/day. OPEC also lowered its demand growth forecast for next year from the previous 1.85 million barrels/day to 1.78 million barrels/day.

Luobu has not conducted any business related to investment invitation and recruitment, leasing, and fund-raising.

Luobu released a statement on its official Weibo account, stating that it has reported to relevant departments for the illegal criminal activities of developing fake websites and APPs, disseminating false investment invitations, leases and other information through the Internet (social media, chat software, etc.), which involves the illegal acquisition of personal information and fraud. It has accumulated more than 800 reports to various social media platforms and has removed 736 pieces of rumor content so far. Luobu has never conducted any business related to investment invitation and recruitment, leasing, and fund-raising on its own or authorized any third party to do so.

At the close of the night session of July 27th,

As of August 13th, night trading closed at 17,144 points, up 67 points or 0.39%, with a high water mark of 32 points, and the total number of outstanding contracts was 113,321. $HSI Futures Current Contract (HSIcurrent.HK)$ As of August 13th, the latest bull-bear street cargo ratio of Hang Seng Index was 51:49.

Hang Seng Index Bull & Bear Certificates

As of August 13th, the latest bull-bear street cargo ratio of the Hang Seng Index is 51:49.

According to the data in the bull and bear certificate street cargo distribution map of the Hang Seng Index, the heavy cargo area of the bear certificate street is in the range of 17400-17499, and the latest number of bear certificates in this range is 1082, an increase of 49 from the previous trading day; the most new bear certificates are in the range of 17200-17299, and the latest number of bear certificates in this range is 276, an increase of 118 from the previous trading day.

The heavy cargo area for the bull certificate street is in the range of 16700-16799, and the latest number of bull certificates in this range is 1020, an increase of 259 from the previous trading day; the most new ones are in the same range.

Editor/Emily

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.

港股前瞻 | 碧桂园服务料上半年净利润下滑33.7%-40.1%；交银国际：流动性趋宽松有望推动港股估值修复