Hong Kong stock market closing review: Continues to be bullish! Hang Seng Tech Index rose by 8.53%, with brokerages and real estate still the most eye-catching.

Gelonghui Finance · Oct 2 16:35

恒指大涨6.2%，站上22000点，国指涨7.08%。

10月2日，恒指大涨6.2%，站上22000点，国指涨7.08%，恒生科技指数盘中一度大涨超9%，最终收涨8.53%，站稳5100点。

科技股集体大涨，东方甄选涨超46%，哔哩哔哩涨超21%，阿里健康、美团涨超14%，金蝶国际涨超13%，理想汽车涨超12%，京东集团涨超10%，快手、百度集团涨超9%，阅文集团、商汤涨超7%，小米涨超6%，腾讯涨超5%，阿里巴巴涨超4%。

具体来看：

券商股涨疯了，Wind中资券商指数盘中大涨超30%，创历史新高。

申万宏源香港大涨206%，创2019年3月以来约5年半新高；招商证券暴涨超81%，东方证券涨超51%，中信建投涨超47%，国联证券、中信证券涨超39%，兴证国际涨超36%，广发证券、申万宏源涨超33%，中金公司涨超31%。

中金公司认为，当前券商面临三大方面的催化：一是宏观经济和财政货币政策的情绪催化(尤其是关注财政力度)；二是资本市场相关的改革催化(如平准基金政策、证券基金保险公司和央行之间的互换便利细则落地等)；三是行业内并购整合的事件催化。对于目前市场较为关心的行情持续性问题，机构认为，行情演绎的强度和速度或将超出市场预期，券商股是本次政策转向的核心受益板块，有望在政策积极转向+流动性改善催化下体现更强的市场敏感属性。

地产股、物业股同步狂飙，中梁控股涨超202%，雅居乐集团涨超160%，世茂集团涨超153%，旭辉控股集团涨超97%，融创中国涨超75%，富力地产涨超89%，万科涨超61%，世茂服务涨超58%，中国金茂涨超41%，金辉控股涨超32%，恒大物业涨超26%，新城发展涨超25%，龙湖集团涨超24%，碧桂园服务涨超23%，绿城中国涨超18%。

消息面上，10月1日是北上广深地产新政落地的首日，从买房者、中介到开发商都开始沸腾起来，一线城市的成交量明显活跃。

华福证券看来，众多利好政策支撑下，预计短期二手房市场将更为敏感，优先于新房去库，推动房价企稳回升。随着房价调整充分的老旧二手房去库，其房价先行上涨并向次新及新房传导。强贝塔行情下，建议配置指数标的同时兼顾港股低PB标的。

保险股大涨，中国再保险涨超17%，众安在线涨超16%，中国太保、中国太保涨超13%，中国平安涨超12%，新华保险涨超11%，中国人寿涨超9%。

家电、乳制品等消费板块表现活跃，美的集团涨超25%，海信家电涨超17%，蒙牛乳业涨超10%，海尔智家涨超7%，澳优涨超6%，百胜中国涨超4%，TCL电子涨超3%。

汽车股普涨，理想汽车涨超12%，长城汽车涨超9%，吉利汽车涨超7%，广汽集团、比亚迪涨超5%，蔚来涨超4%，小鹏汽车涨超3%。

半导体板块走强，上海复旦涨超15%，华虹半导体涨超8%，宏光半导体涨超7%，中芯国际涨超6%。

个股层面，中国金融投资管理异动拉升，尾盘一度涨超900%，最终收涨730%，华融金控涨超412%，首都创投涨超400%，融信中国涨超397%。

此外，港交所上市的南方东英科创板50指数ETF今日盘中一度暴涨234.3%，南方东英盘中发布风险提示称，基金经理提醒南方东英科创板50指数ETF股东相关市场交易风险，包括但不限于二级市场价格的大幅溢价。

截至9月30日，子基金的每股资产净值为7.4243元人民币。公告称，投资者在交易A股ETF时应谨慎行事，特别是在内地证券市场于国庆假日期间休市的情况下。截至发稿，该基金涨幅收窄至31.54%。

对此，思睿集团首席经济学家洪灏表示，港股今天的上涨，相信都是内资和港资在炒。毕竟A股今天休市，很明显整个市场对政策预期非常憧憬。

The Hang Seng Index surged by 6.2%, reaching 22,000 points, while the National Index rose by 7.08%.

On October 2, the Hang Seng Index surged by 6.2%, crossing the 22,000-point mark. The China Enterprises Index rose by 7.08%, with the Hang Seng Tech Index soaring by over 9% intra-day and closing up by 8.53%, firmly above 5100 points.

Technology stocks rose across the board, with East Buy surging over 46%, Bilibili over 21%, Ali Health, Meituan over 14%, Kingdee International over 13%, Li Auto over 12%, JD Group over 10%, Kuaishou, Baidu Group over 9%, China Lit, SenseTime over 7%, Xiaomi over 6%, Tencent over 5%, Alibaba over 4%.

Specifically:

Brokerage stocks went crazy, with the Wind China Securities Index soaring by over 30% intra-day, hitting a record high.

Swhyhk soared by 206%, hitting a new high of around 5 and a half years since March 2019; China Merchants skyrocketed by over 81%, Orient over 51%, China Securities Co.,Ltd. over 47%, Guolian, Citic Securities over 39%, Cisi Fin over 36%, GF Sec, Swhy over 33%, China International Capital Corporation over 31%.

Citic Securities believes that brokerage firms are facing three catalytic aspects: first, the emotional catalyst of macroeconomic and fiscal monetary policies (especially focusing on fiscal strength); second, the reform catalyst related to capital markets (such as the stabilization fund policy, detailed implementation of convenient regulations among securities funds, insurance companies, and central banks); and third, the catalysis of industry mergers and acquisitions. Regarding the sustainability issue of the current market that is of particular concern, institutions believe that the intensity and speed of market evolution may exceed market expectations. Brokerage stocks are the core beneficiary sector of this policy shift, demonstrating a stronger market sensitivity under the catalysis of positive policy shifts and improved liquidity.

Real estate and property stocks soared simultaneously, with Zhongliang Holdings rising over 202%, Agile Group rising over 160%, Shimao Group rising over 153%, CIFI Holdings Group rising over 97%, Sunac rising over 75%, R&F Properties rising over 89%, Vanke rising over 61%, Shimao Services rising over 58%, China Jinmao rising over 41%, Radiance Holdings rising over 32%, Evergr Services rising over 26%, Seazen rising over 25%, Longfor Group rising over 24%, Country Garden Services rising over 23%, and Greentown China rising over 18%.

On the news front, October 1st marks the first day of the new real estate policies in Beijing, Shanghai, Guangzhou, and Shenzhen. From homebuyers, agents to developers, everyone has started to buzz, and the transaction volume in first-tier cities has become notably active.

According to Huafu Securities, under the support of numerous bullish policies, the second-hand housing market is expected to be more sensitive in the short term, prioritizing destocking over new housing, driving the stabilization and rise of housing prices. With old second-hand housing fully destocked following price adjustments, its prices will rise first and transmit to nearly new and new properties. In a strong beta market, it is recommended to allocate index ETFs while also considering Hong Kong stocks with low PB values.

Insurance stocks surged, China reinsurance rose by over 17%, ZA Online rose by over 16%, China Pacific Insurance, China Pacific Insurance rose by over 13%, Ping An Insurance rose by over 12%, New China Life Insurance rose by over 11%, China Life Insurance rose by over 9%.

Consumer sectors such as household appliances and dairy products were active performers. Midea Group rose by over 25%, Hisense Ha rose by over 17%, Mengniu Dairy rose by over 10%, Haier Smarthome rose by over 7%, Ausnutria rose by over 6%, Yum China rose by over 4%, TCL Electronics rose by over 3%.

Automobile stocks rose across the board, Li Auto Inc. rose by over 12%, Great Wall Motor rose by over 9%, Geely Auto rose by over 7%, Guangzhou Automobile Group, BYD Company Limited rose by over 5%, NIO Inc. rose by over 4%, Xpeng rose by over 3%.

The semiconductor sector was strong, Shanghai Fudan rose by over 15%, Hua Hong Semiconductor rose by over 8%, HG Semi rose by over 7%, Semiconductor Manufacturing International Corporation rose by over 6%.

At the individual stock level, China International Capital Corporation saw a surge in trading activity, with a late rally exceeding 900%, ultimately closing up by 730%, Huarong International Financial surged over 412%, Capital VC rose by over 400%, and Ronshine China rose by over 397%.

In addition, the Southbound Eastern England Science and Technology Innovation Board 50 Index ETF listed on the Hong Kong Stock Exchange experienced a rapid surge of 234.3% intraday today. Southbound Eastern England issued a risk warning during intraday trading, advising fund managers to be cautious of significant premium risks in the secondary market pricing.

As of September 30th, the net asset value per share of the sub-fund was 7.4243 RMB. The announcement stated that investors should exercise caution when trading A-share ETFs, especially with the mainland securities market closed for the National Day holiday. As of the time of publication, the fund's gain has narrowed to 31.54%.

In response, Hong Hao, Chief Economist of CICC Securities, expressed that today's rally in Hong Kong stocks is believed to be driven by domestic and Hong Kong capital inflows. Given that the A-share market is closed today, it is clear that the entire market is very optimistic about policy expectations.

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.

港股收评：继续牛！恒生科技指数涨8.53%，券商、地产依然最亮眼

Hong Kong stock market closing review: Continues to be bullish! Hang Seng Tech Index rose by 8.53%, with brokerages and real estate still the most eye-catching.

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