Futu news on November 7th, Hong Kong stocks surged in the afternoon, with all three major indexes climbing collectively. The Hang Seng Index rose by 2.02%, the Technology Index rose by 2.25%, and the National Index rose by 2.49%.
As of the close, 1358 Hong Kong stocks rose, 708 fell, and 1009 remained unchanged.
The specific industry performance is shown in the following figure:
In terms of sectors, technology stocks rose across the board. SenseTime-W rose by 7.41%, Meituan-W rose by 5.60%, Kuaishou-W rose by 3.61%, Tencent Holdings rose by 2.05%, NetEase-S rose by 1.93%, Alibaba-W rose by 1.32%, JD.com-SW rose by 1.05%, Xiaomi-W rose by 0.91%.
Securities and brokerage stocks rose, with China Merchants Securities up by 18.12%, CSC Securities up by 11.41%, SWHY up by 7.88%, CICC up by 7.80%, China Galaxy up by 6.91%, GTJA up by 6.02%, Haitong Securities up by 5.57%, HTSC up by 4.89%.
Real estate sector surged, with Radiance Holdings up by over 18%, Shimao Group up by nearly 30%, RonshineChina up by over 14%, R&F Properties up by over 18%, Zhongliang Hldg up by over 10%, Sunac up by nearly 12%.
Insurance sector strengthened, with New China Life Insurance up by over 9%, China Life Insurance up by nearly 9%, Ping An Insurance up by over 6%, China Pacific Insurance up by over 4%, Sunshine Insurance up by nearly 4%, and China Taiping up by nearly 4%.
Alcoholic beverages stocks rose across the board, with China Resources Beer up by 8.47%, Tsingtao Brewery up by 6.57%, ZJLD up by 6.00%, Bud APAC up by 5.39%, Palinda Group down by 3.67%, San Miguel HK up by 2.13%.
Dining stocks rose, Helen Shipman increased by 13.31%, Jiumaojiu increased by 12.98%, Xiabuxiabu increased by 10.09%, Haidilao increased by 9.27%, Dasheng shares increased by 7.42%, Naixue Tea increased by 7.10%, Yum China increased by 5.77%, Cafe de Coral Holdings increased by 0.24%.
Semiconductor stocks rose, Brainhole Tech fell by 6.45%, Ce Huada Tech increased by 5.80%, Semiconductor Manufacturing International Corporation increased by 5.02%, Shanghai Fudan increased by 4.12%, Solomon Systech increased by 3.51%, Smart-core fell by 3.41%, Hua Hong Semiconductor increased by 3.34%, HG Semi fell by 1.20%.
In terms of individual stocks, $MEITUAN-W (03690.HK)$ Increased by nearly 6%, former Meituan co-founder Wang Huiwen returns and leads the team to independently explore ai applications.
$CITIC SEC (06030.HK)$ Rose by over 14%, Pan Gongsheng stated plans to steadily promote the opening up of the financial services industry and financial market systems.
$YUEXIU PROPERTY (00123.HK)$ Up nearly 7%, Yuexiu Property's sales in October increased by 46.8% year-on-year, already completing 60% of the annual sales target.
$NCI (01336.HK)$ Rising over 9%, the People's Bank of China held a forum for foreign financial institutions, promoting high-level financial sector opening-up initiatives.
$CHINA RES BEER (00291.HK)$ Surging over 8%, institutions state that liquor companies actively enhance quality and efficiency, maintaining an overall cost-efficient rate.
$TONGCHENGTRAVEL (00780.HK)$Increasing over 5%, OTA platforms saw high performance growth in the first half of the year, with institutions citing the companies benefiting from the rising trend in travel demand chain.
TOP 10 trading volume today
Hong Kong Stock Connect Fund
港股通方面，今日港股通（南向）净流入1.183 billion港元。
Institutional perspective:
美银：上调小米目标价至32港元，上调第三季销售预测4%至91 billion元。
美银证券研究报告指，上调 $XIAOMI-W (01810.HK)$ 第三季销售预测4%至91 billion元，以反映较好的智能手机交付量及电动车稳健的销量，亦上调实际经营利润预测3%至5.3 billion元，主要因为较好的规模及配件价格的回落或导致毛利向上。该行上调公司今年至2026年经调整盈利预测9%至13%，以反映正面因素，相应将目标价由22港元上调至32港元，重申“买入”评级。
大摩：上调小鹏汽车目标价至66.4港元，上调交付量预测。
Morgan Stanley's report states that $XPENG-W (09868.HK)$ In the first ten months of this year, a total of 0.1225 million units of smart electric vehicles were delivered, reaching 87% of the bank's previous full-year forecast. Based on driving factors and some adverse factors such as short-term supply constraints and seasonal factors, the bank has raised its delivery forecast for XPeng from 2024 to 2026 by 13% to 29%, exceeding market expectations. The bank reiterated its 'shareholding' rating to capture the next AI trend, raising the target price from HK$45.6 to HK$66.4.
Lyon: Link REIT demonstrates resilience with attractive valuation, maintaining an 'outperform the market' rating.
Lion issued a report stating, $LINK REIT (00823.HK)$ The distribution per fund unit for the first half of the fiscal year increased by 3.7% annually, in line with the bank's forecast. Despite challenging market conditions, rental income from its core Hong Kong retail business still grew by 2.2% annually. The bank mentioned that while uncertainties may arise during Donald Trump's second term as U.S. president, they believe that the rate-cutting environment favors the execution of Link REIT's 3.0 strategy. The current company valuation still appears attractive in a declining interest rate environment, maintaining an 'outperform the market' rating.
编辑/Wade
