Editor / Futu Information roy
According to Futu News on May 12, the Hang Seng Index rebounded higher today and then fluctuated upwards. as of press time, it is now up 0.32% or 88 points at 28102.
Bilibili Inc. rose more than 7%, and Bilibili Inc. will announce results for the first quarter ending March 31, 2021 on May 13. Xiaomo first gave Bilibili Inc. a target price of HK $1600 and was first given an overweight rating.
NetEase, Inc rose by more than 5%. JPMorgan Chase gave NetEase, Inc an overweight initial rating with a target price of HK $200.
JD.com Group rose more than 4%. JPMorgan Chase & Co gave JD.com Group H shares an over-allotted initial rating.
BABA rose by more than 4 per cent. JPMorgan Chase & Co covers BABA's Hong Kong stocks for the first time, outperforming the market and setting a target price of HK $310.
Tencent rose by more than 2%. As of May 11, Tencent's latest Bull Bear Street goods accounted for 89.6 Rd 10.4. According to Futu data, Niuzheng Street heavy cargo area is in the recovery price range of HK $56-569.99, where the latest number of bull certificates is 725000 shares, down 221000 shares from the previous trading day.
XIAOMI rose by more than 1%. According to media reports, on May 11, 2021, the XIAOMI Group and the US Department of Defense once again issued a joint status report (Joint Status Report, JSR) on the military list lawsuit. According to the documents, the US government has acknowledged the issue of procedural justice on the military list, is willing to reconcile with the XIAOMI group, and removed the XIAOMI group from the military list.
Related readings:According to media reports, XIAOMI Group and the US Department of Defense have reached a settlement in the lawsuit.
China Literature rose more than 5%, Ping An Healthcare And Technology and JD Health rose more than 1%, Hua Hong Semiconductor and Semiconductor Manufacturing International Corporation followed suit.
