各大互联网公司近期陆续披露The hengke index rose more than 3%, and in terms of constituent stocks, the network technology stocks rose across the board today, with Meituan-W (03690) up 6.7%, reporting 175.3 Hong Kong dollars; jd.com Group-SW (09618) rose 4.42%, reporting 141.8 Hong Kong dollars.
According to ZhTong Finance APP, the hengke index's afternoon increase expanded to over 3%. In terms of constituent stocks, the network technology stocks rose across the board today, with Meituan-W (03690) up 6.7%, reporting 175.3 Hong Kong dollars; jd.com Group-SW (09618) rose 4.42%, reporting 141.8 Hong Kong dollars; netease-S (09999) rose 3.17%, reporting 136.5 Hong Kong dollars; tencent Holdings (00700) rose 2.44%, reporting 403.4 Hong Kong dollars.
Recently, haitong int'l pointed out that under the influence of a strong dollar, the Asia-Pacific markets generally fell; the Hang Seng Technology Index has already dropped 20% from its high on October 7 due to previous excessive gains, and the adjustment has been sufficient. Since most of the internet plus-related giants have already lost more than half of their gains from late September to early October, the subsequent rebound in Hong Kong stocks still requires a rebound in the internet, particularly from companies with third-quarter earnings and fourth-quarter guidance that exceed expectations. tianfeng securities believes that compared to the global market, chinese assets currently still have cost-effectiveness. Based on an expected gradual recovery and anticipation for gradually improving fundamentals, the current Chinese concept stocks in Hong Kong remain attractive in terms of valuation with a high risk-return ratio.
Major internet companies have recently been disclosing their third-quarter reports, with tencent Holdings reporting third-quarter revenue of 167.19 billion yuan, an 8% year-on-year increase; net income attributable to the parent was 53.23 billion yuan, a year-on-year increase of 47%; alibaba Group's Q2 fiscal year 2025 report showed revenue of 236.503 billion yuan, a year-on-year increase of 5%; net income was 43.547 billion yuan, an increase of 63% year-on-year. jd.com Group's third-quarter revenue was 260.4 billion yuan, a year-on-year increase of 5.1%; net income attributable to the parent was 11.7 billion yuan, a year-on-year increase of 47.8%.
