从港股个股表现来看，内房股、中资券商股、可选消费股的表现最为亮眼。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.
Hong Kong's September trading officially comes to a close today. At the beginning of the month, the Hong Kong stock market performance was flat, but starting from mid-September, benefiting from a series of bullish policies being introduced, the three major indices surged strongly, and this week witnessed a rare outbreak in the market. Hang Seng Tech Index led the way, soaring over 33% this month as the best performer, with Hang Seng Index and Hang Seng China Enterprises Index rising sharply by 17.48% and 18.62% respectively. The three major indices swept away the gloom, reaching their highest points since the beginning of 2023.
Institutions generally hold an optimistic view on the future performance of Hong Kong stocks, believing that Hong Kong stocks are expected to see valuation recovery and market rebound in 2024. The main factors contributing to this outlook include policy support, economic recovery, attractive valuations, and improved liquidity.
Looking at the performance of individual stocks in the Hong Kong stock market, mainland real estate, China-affiliated brokerage stocks, and consumer stocks stand out the most.
Under the stimulus of multiple bullish policies, mainland real estate stocks lead the charge in a frenzy. $SUNAC (01918.HK)$ This month surged 1.5 times, $CHINA VANKE (02202.HK)$ rose by over 80%.
The rise of mainland real estate is mainly due to several measures implemented by the Chinese government to support the stability of the real estate market. These measures include lowering banks' reserve requirements and interest rates, as well as adjusting land, fiscal, and financial policies. In addition, first-tier cities such as Shanghai, Guangzhou, and Shenzhen have relaxed real estate purchase restrictions, further stimulating market sentiment, strengthening investors' confidence in the real estate industry's recovery.
Funds flowing into Chinese assets! China-affiliated brokerage stocks benefit from the "explosive volume" market. $GF SEC (01776.HK)$Please use your Futubull account to access the feature.$CICC (03908.HK)$ Several top brokerages have increased by about 70%.
In the booming market, the trading volume of A-shares and Hong Kong stocks has rapidly expanded, evidently boosting brokerage business significantly. According to media reports, the number of new brokerage accounts has increased by 2 to 4 times in recent times. More importantly, previously inactive clients are also returning.
Institutions point out that the statements on stabilizing growth and boosting capital markets at the political bureau meeting exceeded expectations. Brokerage sector is particularly sensitive to market fluctuations, with current valuations and institutional holdings still relatively low, recommending active allocation increase.
Digital health stocks are collectively celebrating! $ALI HEALTH (00241.HK)$ Profitability is expected to improve, with a nearly 30% surge in a single day on Friday and a total increase of nearly 78% for the month.
China Cinda Securities released a research report stating that Ali Health is currently shifting its strategy focus from prescription drugs to non-pharmaceuticals and over-the-counter drugs, which will bring pressure on prescription sales growth but increase profitability. China Cinda Securities believes that the online penetration rate of prescription drugs has profitable advantages, but its speed depends on policies. Potential expansion of online reimbursement scope and further improvement in acceptance rate with the parent company may be catalysts.
On the other hand, the following stocks performed weakly this month:
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