Futuo Information on August 11 | Hong Kong stocks opened high today. By midday's close, the Hang Seng Index was up 2.4% at 24962.48, while the national index was up 2.27% at 10217.11.

Plate aspectThe automobile plate is high, brilliance China and Beijing Automobile once rose more than 3%, Geely Automobile once rose more than 1%; in the car dealership plate, Zhongsheng Group rose 9.9%, and US East Automobile rose 7.88%. According to the China Automobile Association, China produced 2.201 million vehicles in July, up 21.9 per cent from a year earlier, and sales of 2.112 million vehicles, up 16.4 per cent from a year earlier. The output of new energy vehicles increased by 15.6% compared with the same period last year. Sales of new energy vehicles increased by 19.3% compared with the same period last year.

Domestic insurance stocks continued to rise, with China Pacific Insurance up nearly 7% at one point, China Taiping by more than 3% and China Life Insurance Company Limited by more than 3% at one point. On the news side, the Bancassurance Regulatory Commission released data showing that in the first half of 2020, the original insurance premium income of insurance companies was 2.7 trillion yuan, an increase of 6.5 percent over the same period last year. Reparations and payments totaled 630.8 billion yuan, an increase of 1.2 percent over the same period last year, and 23.9 billion new insurance policies were added in the first half of 2020, an increase of 28.0 percent over the same period last year.

Gaming stocks rose collectively today, with Wynn Macau, SJM Holdings, Melco International Development and Sands China all up more than 6%, while MGM China and Galaxy Entertainment rose one after another. Earlier, Ouyang Yu, director of the Department of Social and Cultural Affairs of the Macao SAR Government, revealed at a press conference held on the afternoon of the 10th that from August 12, Zhuhai citizens and Zhuhai residence permit holders would resume travel endorsements to Macao, including individual tours and group tours.

The big consumer sector showed a strong performance after opening, breaking the top in the salvage plate, rising by as much as 15% and the highest price at HK $43.65; 99% rose 7% to a new intraday high of HK $16.46; Topsports International Holdings Limited once rose nearly 8%. At one point, Anta and Li Ning Co. Ltd. rose 4%.

Hong Kong education stocks are weak, wise vision education once fell by more than 7%, secondary education holdings fell by 3%, and Chenlin education fell by more than 2%.

Individual stocks$Tencent (00700.HK) $It rebounded strongly today, closing up 3.19% in the morning, contributing 92.68 points to the Hang Seng Index. Tencent fell 9% in the previous two days. According to a research report released by Morgan Stanley yesterday, Tencent's income in the United States is limited, but there may be gloomy growth prospects for the company's investment in the United States and the globalization of games, with a target price of HK $500 and a rating of "overweight".

$Zhongsheng Group (00881.HK) $In the six months to June 30, 2020, the group's revenue was 58.203 billion yuan, up 1.4% from the same period last year, while the profit attributable to the owner of the parent company was 2.292 billion yuan, up 10.1% from the same period last year. After the performance, CICC said it maintained its "outperform industry" rating and its target price of HK $59.30, while BoCom International raised its target price from HK $51 to HK $65.5.

Secondary new shares$Mobile Card (09923.HK) $It rose 12% and then broke the top, and the seven consecutive yangs rose by more than 90%. The Mobile Card Group launched the latest SaaS food and beverage management system rice meal cashier last month. As a provider of overall digital solutions for businesses, Rice meal is committed to helping restaurants complete their digital transformation.

CICC pointed out that the listing process of New economy companies in Hong Kong is faster than expected.$Hong Kong Exchanges and Clearing (00388.HK) $The average daily turnover will increase by 10% and 24% this year and next, and the earnings forecast for the next two years will be increased by 4% and 9%. The HKEx is rated as outperforming the market, with the target price rising to HK $446.

$China Tower Corporation (00788.HK) $Announced results: revenue in the first half of 2020 was 39.794 billion yuan, compared with 37.98 billion yuan in the same period last year, up 4.8 percent over the same period last year; net profit in the first half was 2.98 billion yuan; profit per share in the first half was 0.0170 yuan, compared with 0.0145 yuan in the same period last year; and income from tower business in the first half was 36.371 billion yuan, compared with 35.808 billion yuan in the same period last year, an increase of 1.6 percent over the same period last year.

Among the constituent stocks of the Hang Seng Index, Sands China and Shenzhou International Group led the rise; among the constituent stocks of the National Index, ANTA Sports Products and China Pacific Insurance were among the top gainers.