港股市场在本月的反弹与美联储9月的降息预期有着密切的联系。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 giantMonthly Hong Kong and US Bull and Bear StocksThis section closely follows market trends, takes stock of monthly performances in the Hong Kong and US stock markets, helps Mooers sort out hot sectors, strong individual stocks, and major news of the month, and seeks investment themes that can make money.
This month, the Hong Kong stock market's three major indexes have been continuously strong. Represented by the Hang Seng Index, this index has experienced a brief adjustment at the beginning of the month and then steadily risen.
As of the close, $Hang Seng Index (800000.HK)$ It has accumulated a 3.72% increase this month, closing at 17,989.07 points. During the same period, $Hang Seng TECH Index (800700.HK)$ and $Hang Seng China Enterprises Index (800100.HK)$ Increased by 1.24% and 3.67% respectively, closing at 3560.61 points and 6331.14 points.
The rebound in the Hong Kong stock market this month is closely related to expectations of a rate cut by the Federal Reserve in September.
It is widely believed that the expected interest rate cut by the Federal Reserve in September has had a positive impact on the Hong Kong stock market. According to the latest market data, the Hang Seng Index has shown significant signs of rebound recently, indicating the market's volatility and gradual recovery of investor confidence.
In terms of individual stocks, $GDS-SW (09698.HK)$ With a monthly increase of 56%, the company's rise is attributed to its solid growth in the second quarter performance and the increasing demand for datacenter services.
This month, most insurance stocks have performed well, with gains of approximately 34% and 21% respectively. Institutions are bullish on the fundamentals of this industry. $CHINA RE (01508.HK)$Please use your Futubull account to access the feature.$CHINA TAIPING (00966.HK)$ China Securities Co., Ltd. pointed out that since last year, the effects of interest rate cuts and policies such as the integration of insurance and banking have gradually emerged, which will help improve the new business value rate of listed insurance companies and promote steady growth in new business value on a year-on-year basis.
Multiple positive factors are driving this trend!
China Securities Co., Ltd. pointed out that since last year, the effects of interest rate cuts and policies such as the integration of insurance and banking have gradually emerged, which will help improve the new business value rate of listed insurance companies and promote steady growth in new business value on a year-on-year basis. $QUANTUMPH-P (02228.HK)$ With a surge of over 66% this month, on the news front, A-Share listing candidates have been included in the Hang Seng Composite Index (HSCI) and the Hang Seng Stock Connect Greater Bay Area Composite Index, which will take effect on September 9, 2024 (Monday). In addition,
Crystalclear Technology achieved a revenue of approximately RMB 0.103 billion in the first half of the year, a year-on-year increase of 28.34%. The announcement stated that the company secured its first clinical-stage milestone payment for its Drug Discovery Solution business in the first half of this year, marking a significant event in its commercialization process.
Crystalclear Technology has signed a 5-year strategic R&D cooperation agreement with GCL Group Limited.
On the other hand, the following stocks performed weakly this month:
Editor/Somer
