Hong Kong Stock Market News:
1) Company News
$CGN NEW ENERGY (01811.HK)$In the first 8 months, the cumulative power generation reached 13,058.9 kilowatt-hours, a decrease of 1.3% YoY. Among them, wind power projects decreased by 4.2%, solar energy projects increased by 26.5%, cogeneration and gas projects increased by 14.2%, hydropower projects increased by 22.7%, and the South Korea project decreased by 5.8%.
$YUE YUEN IND (00551.HK)$The company's comprehensive operating income net amount in the first 8 months was $5.41 billion, an increase of 0.3% YoY.
$TOPSPORTS (06110.HK)$It is estimated that the net income for the 6 months ending August 31, 2024 will decrease by approximately 35% YoY.
$GREENLAND HK (00337.HK)$: Accumulated contract sales for the first 8 months were 5.526 billion yuan, a decrease of 48.38% year-on-year.
$YUZHOU GROUP (01628.HK)$: Accumulated contract sales for the first 8 months were 5.241 billion yuan, with August sales of 0.431 billion yuan.
$CIFI HOLD GP (00884.HK)$: Accumulated contract sales for the first 8 months were 24.11 billion yuan, with August sales of 1.94 billion yuan.
$SINO-OCEAN GP (03377.HK)$: Holders of over 75% of the debt in Group A have joined the restructuring support agreement
2) Dynamic of Shareholding Increase and Repurchase.
$BYD COMPANY (01211.HK)$: Tencent and other 33 core personnel collectively increased their shareholding by 0.142 million A-share shares, with a total amount of approximately 35.4536 million yuan.
$DYNAGREEN ENV (01330.HK)$: AIA and other shareholders collectively increased their shareholding of 14 million H shares, accounting for 1.0047% of the total share capital of the company. After this increase, AIA holds 99 million shares of the company, accounting for 7.1048% of the total share capital.
$TENCENT (00700.HK)$: Alibaba spent 1.003 billion Hong Kong dollars to repurchase 2.72 million shares at a repurchase price of 366.2-370.4 Hong Kong dollars.
$MEITUAN-W (03690.HK)$The company spent about 0.5 billion Hong Kong dollars to repurchase 4.2071 million shares at a repurchase price of 117.0-119.7 Hong Kong dollars.
$AIA (01299.HK)$The company spent about 0.215 billion Hong Kong dollars to repurchase 4 million shares at a repurchase price of 53.4-55.3 Hong Kong dollars.
Focus on hotspots:
S&P and Nasdaq continued to rise for the second consecutive day, while Dow Jones fell due to the drag of financial giants.
On the eve of the two key events this week, the US stock market as a whole maintained a moderate upward trend. In addition to the Dow Jones, which was dragged down by Wall Street giants, the S&P and Nasdaq continued to rise for the second consecutive day.
![](https://postimg.futunn.com/news-editor-imgs/20240911/public/17260116672595212976262.png)
After the US stock market closed, Trump and Harris will hold a face-to-face presidential candidate debate at 9:00 am Beijing time. At 20:30 tonight, the US CPI data for August will also be released.
It is worth mentioning that while the U.S. stock market is relaxed waiting for important events to unfold, Wall Street giants have jumped out at this juncture to engage in "expectation management," finally triggering a collective plunge in financial stocks.
The European Union is considering reducing the proposed tariffs on electric cars imported from China.
According to insiders, the European Union is preparing to slightly lower the proposed tariffs on electric cars imported from China. Among them, the tax rate on Tesla electric cars imported from China will be adjusted from the proposed 9% to slightly below 8%. It is reported that the European Union made the above adjustments based on the new information provided by various companies. EU member states will vote on the proposed final tariffs before the tariffs take effect in November.
Alibaba's Hong Kong Stock Connect saw a sharp increase in trading volume on its first day, surpassing HKD 10 billion.
On September 10, $BABA-W (09988.HK)$ It rose 4.21% and had a full-day turnover of HKD 16.9 billion, surpassing HKD 10 billion compared to the previous day, reaching a new high in nearly three and a half years since April 2021.
At the close of the night session of July 27th,
As of September 11th, $HSI Futures Current Contract (HSIcurrent.HK)$ The closing index is 17072, down 119 points or 0.692%, with a low of 162 points.
![](https://postimg.futunn.com/news-editor-imgs/20240911/public/17260118658526739829484.png)
Hang Seng Index Bull & Bear Certificates
As of September 11, the latest bull-bear ratio of the Hang Seng Index is 60:40.
The data in the distribution chart of bull and bear certificates in the Hang Seng Index shows that the heavy bearish positions are in the range of 17600-17699, with the latest number of bearish certificates in this range being 1024, an increase of 416 from the previous trading day; the most additional are in the same range.
The heavy bullish positions of the bull certificates are in the range of 17000-17099, with the latest number of bull certificates in this range being 1113, an increase of 14 from the previous trading day; the most additional are in the range of 17100-17199, with the latest number of bull certificates being 15, an increase of 15 from the previous trading day.
![](https://postimg.futunn.com/news-editor-imgs/20240911/public/17260119414545352837452.jpeg)
Editor/Somer