The Hang Seng Index closed up 1.46% this week (2020.1.13-2020.1.17), reaching the 29000 mark.A total of 70 stocks hit a record high this week, nearly doubling from 43 last week, with bullish sentiment running high.

Judging from the ranking of the market capitalization of innovative stocksBABA continues to hit a record pace, and Ant Financial Services Group (Ant Financial) is working with banks to reformulate the company's initial public offering (IPO) plans, according to the Financial Times on January 16. It is reported that the company was valued at $150 billion in its 2018 financing.

Ping An Insurance rose 4% late Friday, approaching the 100th mark and hitting a new high. BoCom International recently released a report saying it maintained Ping An Insurance's target price of HK $115,000,000 and its "buy" rating. The bank predicts that the growth rate of Ping An Insurance's new business value in 2020 is still expected to accelerate compared with this year, and the agent growth rate is expected to accelerate in 2020.

Judging from the weekly increase list,This week, the medical industry replaced last week's property stocks, with a total of four companies on the list.

Education stock New Oriental Education & Technology Group online has performed well this week. According to Phoenix New Media, the Fifth Mobile Internet Marketing Summit and Jin Ming Award presentation ceremony was held in Shanghai on January 14, 2020. The summit set up the "Jin Ming Award" selection, which aims to recognize "blockbuster" enterprises, products and individuals.

New Oriental Education & Technology Group TOEFL Pro APP, owned by New Oriental Education & Technology Group online, won the "most potential APP" award. "Jin Ming Award" is one of the most influential awards in China Mobile Limited's Internet marketing industry. This time, New Dongfang TOEFL Pro APP won the Jin Ming Award "the most potential APP", indicating that the innovation ability of products and services has been recognized by professionals and the industry.

In addition, it is worth mentioning that "warm ducks in the river are the first to feel the smell of spring." as a kind of stock that is most sensitive to the big market, brokerages have quietly emerged from the bright market recently, which is confirmed by the "doubling of the number of innovative shares" above. A wave of Hong Kong stocks may be on their way.