Editor's note: "US Stock Gold Mining" Keep up with daily market trends, insight, and consolidate hot and outstanding stocks, providing multi-dimensional investment opportunities for Mooer and helping them grasp investment opportunities with one chart! Focus on: 1. Performance and stock prices take off! Global fast fashion giant $Gap Inc (GPS.US)$ soared nearly 29% after its performance, reaching a new high for the year. Gap announced its first fiscal 2023 first-quarter results, with net sales of $3.4 billion, exceeding analysts' expectations of $3.28 billion, and earnings per share of $0.41, with overall comparable sales growth of 3%, better than expected 0.91%. In addition, the gross profit margin for the quarter reached 41.2%, higher than analysts' forecast of 38.5%. Its subsidiary brand Old Navy's same-store sales grew by 3%, exceeding market expectations of 2.5%. Based on this, Gap raised its sales and operating profit outlook for the year. Baird has recently raised its target share price for Gap from $23 to $28, and Goldman Sachs has raised its target share price for Gap from $20 to $27. 2. US electric power stocks collectively agitated! The largest wind and solar power generator developer in the United States $NextEra Energy (NEE.US)$, the fourth largest power plant in the United States $Southern Company (SO.US)$, the power and natural gas company $CenterPoint Energy (CNP.US)$, and the electrical production and transmission company $Edison International (EIX.US)$ have all reached new highs for the year. On the news front, as AI technology often requires a lot of energy to develop and operate, utility stocks are becoming a new opportunity for investors. 3. Low-key AI beneficiaries! Data storage giantThis week's bullish stocks in Hong Kong and the US stock markets.This section closely follows market trends every week, reviews the weekly performance of the Hong Kong and US stock markets, and helps mooers sort out the hot sectors, strong individual stocks, and major news of the week, looking for investment themes with profit potential.
The three major indexes of the Hong Kong Stock Exchange have risen for the third consecutive week. As of the close on Friday, the Hang Seng Index rose by 1.04% in a single week, closing at 17,612.10 points; while the technology index and the Hang Seng China Enterprises Index rose by 0.28% and 0.93% respectively, closing at 3,468.94 points and 6,219.24 points.
Taking the Hang Seng Index as an example, the index has been rebounding since August 9th, with a cumulative increase of 3.93%. The technology index and mainland enterprises index have shown similar trends during the same period.
Overseas market revenue is impressive!$POP MART (09992.HK)$Weekly increase of over 20%, annual increase of over 130%, high growth in revenue and net income in the first half of the year, maintaining a high-speed development trend in domestic and international markets, with management raising the annual sales guidance.
On the news front, Pop Mart's second quarter revenue reached 4.558 billion yuan, a year-on-year growth rate of 62.0%, with a net profit of 0.921 billion yuan, a year-on-year growth of 93.3%. The full year revenue guidance has been raised, with a year-on-year growth of not less than 60%, and a growth of not less than 200% in Hong Kong, Macau, Taiwan, and overseas. CEO Wang Ning said that Pop Mart has achieved the goal of "creating another Pop Mart overseas" several months ahead of schedule.
The best financial report ever released! $XIAOMI-W (01810.HK)$Weekly cumulative growth of over 8%, electric vehicle gross margin as high as 15.4%, expected to achieve the target of 0.12 million new vehicles for the whole year.
Xiaomi's second quarter revenue was approximately 88.888 billion yuan, reaching a historic high, with a year-on-year growth of 32%. The adjusted net profit was approximately 6.175 billion yuan, a year-on-year growth of 20.1%. The gross margin of electric vehicles in the second quarter reached 15.4%, and the new target is set to deliver a cumulative total of 0.12 million Xiaomi SU7 series new vehicles by 2024.
International business receives large-scale orders! Datacenter$GDS-SW (09698.HK)$Soaring over 40% this week, exceeding expectations in the second quarter performance, institutions raise target price.
GDS Holdings' net income for the second quarter increased by 14.3% year-on-year to RMB 2.8264 billion, adjusted EBITDA increased by 6.2% year-on-year to RMB 1.312 billion, and net income increased year-on-year mainly due to the continuous growth of data centers and business expansion. Bocom Intl stated that considering the company's slightly better-than-expected performance in the second quarter and its potential for overseas market expansion, the target price was raised to HKD 20.18 and the "buy" rating was maintained.
Overseas case numbers exceeded expectations! Invisible correction scheme provider$ANGELALIGN (06699.HK)$Up more than 17% weekly, adjusted net profit in the first half of the year nearly doubled.
In terms of news, Time Angel's second quarter revenue was approximately RMB 0.8615 billion, an increase of 39.8% year-on-year; adjusted net profit was approximately RMB 71.7 million, an increase of 95.8% year-on-year. During the reporting period, the total number of cases reached approximately 152,900, an increase of 60.3% year-on-year from approximately 95,400 cases, and the number of international market cases reached 57,600, accounting for 37.7% of the total number of cases.
Net profit doubled year-on-year!$AAC TECH (02018.HK)$Up 12.74% weekly, up more than 40% cumulatively this year, AI wave driving the company's microphone products upgrade, management is bullish on this year's performance, gross margin improvement exceeds expectations.
AAC Tech's revenue for the first half of the year was 11.25 billion yuan, with a net profit of 0.537 billion yuan, a year-on-year increase of 257.3%. The profitability has significantly improved, with gross margins of all business lines continuing to increase. The management team has indicated that they are bullish on this year's revenue performance, with the profit margin expected to continue to recover, benefiting from the turnaround in the optical business from losses to profits and a more significant improvement in gross margin than expected. The company believes that this trend will continue in the second half of the year.
On the other hand, the following stocks performed weakly this week:
Editor/ping