According to Futu News on April 9, the Hang Seng Index opened high and fell low, once again losing 29000 points. As of press time, it is now down 0.81% or 233points at 28774 points.

Baidu rose 0.46%. Baidu has won a US class action lawsuit accusing Baidu of defrauding shareholders into believing it is capable of complying with Chinese regulations on internet content. The judge finally dismissed the lawsuit.

Tencent rose slightly. Everbright Securities released a research report to maintain Tencent's "buy" rating, with a target price of HK $843.

The bank believes that the reduction is a phased normal financial arrangement for major shareholders, and the commitment of major shareholders not to reduce their holdings for three years also shows that their belief in Tencent's long-term growth potential remains unchanged. While the company's mobile game business continues to grow at a high rate, the future video number and Mini Program are expected to drive online advertising and payment business growth faster than expected, financial technology and cloud computing track medium-and long-term growth is expected to contribute to long-term growth-driven.

As of April 8, the proportion of Tencent's latest Bull-Bear Street goods is 89.8 Rd 10.2. According to Futu data, the Niuzheng Street heavy cargo area is in the recovery price range of HK $580 to HK $589.99, where the latest number of bull certificates is 747000 shares, an increase of 54000 shares over the previous trading day.

Beep miles down 0.41%. Credit Suisse has a beep-mile outperformance rating for the first time, with a target price of HK $1088. The bank points out that in the face of fierce competition, BMI's user growth is still the fastest in the industry, with the current generation Z user penetration rate of less than 50%, and there is room for improvement in the future. At the same time, the company has plans to launch more different types of content, which is expected to enhance user loyalty, coupled with the growth of advertising business and the potential opportunity to be included in the index, so it is optimistic about the long-term development prospects.

Xiaomi fell 0.95%. Xiaomi announced yesterday that it paid HK $499 million to buy back 19.02 million Class B common shares at a repurchase price of HK $26.05-HK $26.60 per share on April 8, 2021. In addition, 43200 Class B common shares were issued on 8 April 2021 as a result of the exercise of share options by employees (other than directors) under the pre-IPO employee share Award Scheme.

Ali fell by more than 1%. Credit Suisse lowered its target price for Alibaba to HK $304, outperforming the market.

JD.com and Meituan fell by more than 1%. According to Guangzhou Daily, according to the Guangzhou Municipal Market Regulatory Bureau, in order to explore and solve the problem of "big data killing ripe", standardize the supervision of online market data, and safeguard the legitimate rights and interests of consumers, the bureau, in conjunction with the Municipal Bureau of Commerce, held a special investigation on the platform "big data killing ripe" and an administrative guidance meeting on standardizing the market order of fair competition.

Representatives of 10 Internet platform enterprises, including JD.com and Meituan, signed the "commitment of platform Enterprises to maintain Fair Competition and Market order."

Other stocks, SMIC, Ping an good Doctor, China Literature Group and so on have fallen.