Futu Information on June 28 | the three major indexes of Hong Kong stocks collectively rose, the Hang Seng Index closed up 0.85%, the Hang Seng Technology Index closed up 0.61%, and the State-owned Enterprises Index closed up 0.98%.

As of the close, Hong Kong stocks rose 1154, fell 751, and closed flat at 968.

The specific industry performance is shown below:

On the plate side, large technology stocks are weakening.Tencent fell more than 3 per cent and JD.com nearly 2 per cent.

Auto stocks riseByd Company Limited rose by more than 4% and Great Wall Motor by more than 5%.

Aviation stocks pull upAir China Limited rose by more than 10%, Beijing Capital Airport by more than 8% and Cathay Pacific Airways by more than 6%.

Battery stocks strengthenBYD Electronic rose by more than 12% and Ganfeng Lithium by more than 2%.

Gaming stocks reboundedSands China is up more than 11%, and Galaxy Entertainment is up nearly 8%.

General rise in Green Power concept stocksChina Resources Power Holdings rose by more than 4%, ENN Energy by more than 5%, and Huaneng International Power by more than 4%.

Oil and gasoline production stocks roseCNOOC Limited rose by more than 3% and Kunlun Energy by more than 4%.

Individual stocks$Tencent (00700.HK) $It fell by more than 3%.According to a research report published by Lyon, it is expected that the sale of Tencent shares by Prosus will put pressure on Tencent's share price, as it is not easy for Prosus to reduce its share price to discount its net asset value, but believes that Tencent may further increase its share buyback efforts, while Prosus may still want to maintain a majority stake.

$BYD Electronic (00285.HK) $It rose by more than 12%.BYD Electronic's share price is up about% this month. China Merchants's latest point of view is that 22H2, waiting for A customer business to resume and auto electronics volume.

$Galaxy Entertainment (00027.HK) $It's up more than 8%.The Gaming Inspection and Coordination Bureau of the Macao Special Administrative region has released the latest guidelines, adding a number of epidemic prevention measures to all Macao casinos and will be implemented on July 1.

$Trip.com-S (09961.HK) $It rose by more than 16%.The joint defense and control mechanism of the State Council released the latest prevention and control plan, changing secret contact and entry isolation to "73rd". In addition, Shanghai Walt Disney Company also announced that it would resume operation on June 30th.

$China Gas (00384.HK) $It rose by more than 13%.The company announced on Friday that for the 22 fiscal year ended March 31, 2022, revenue was HK $88.225 billion, up 26.1% from a year earlier, while net profit was HK $7.6 billion, down 26.9% from a year earlier. In the fiscal year, the Group acquired 18 new urban pipeline gas projects.

$Air China Limited (00753.HK) $It's up more than 10%.Guotai Junan pointed out that the national epidemic situation has improved, and the flight subsidy policy has been adjusted, and the recovery of domestic passenger flow accelerated in June. At the same time, domestic ticket prices have also rebounded recently, and the market recovery trend is good. As the summer season approaches, the market is expected to continue to recover steadily.

$Tianyu Real Estate (00059.HK) $It fell by more than 10%.Tianyu Real Estate suffered a debt cross-default, and a number of corporate bonds were suspended from trading today. In addition, the company has a mortgage loan with a financial institution in Hong Kong with an outstanding principal of HK $340 million. As the lender finally failed to approve the extension of the loan after the grace period, all outstanding principal together with interest on the loan is now due and payable, and the company is unable to immediately repay the outstanding principal and accrued interest on the loan.

Hong Kong stock exchange fund

As for Hong Kong Stock Connect, there was a net inflow of HK $1.927 billion from Hong Kong Stock Connect (southbound) today.

Today's turnover of Hong Kong shares TOP20

Message surface

CINNO: the price decline of driver chips in the third quarter will continue to expand.

In the second quarter of this year, the global COVID-19 epidemic repeatedly, resulting in weak consumer demand, high inflation, the global display driver chip prices also showed a downward inflection point. According to CINNO, a Chinese semiconductor display research firm, the price of the global display panel driver chip DDIC fell by about 2 per cent to 8 per cent in the second quarter and may continue to expand to 4 to 15 per cent in the third quarter.

Guodian Electric Power: during the 14th five-year Plan period, the company plans to install clean energy accounting for more than 40%.

As of March 31, 2022, Guodian Power Holdings has an installed capacity of 99.0166 million kilowatts and thermal power 76.4096 million kilowatts, accounting for 77.17 percent. During the 14th five-year Plan period, the company plans to add 35 million kilowatts of new energy, accounting for more than 40% of the installed capacity of clean energy.

Jibang Consulting: although server shipments continued to grow in the third quarter, there are still hidden worries about performance in the second half of the year.

According to TrendForce Jibang Consulting Research, the previous production plan in ODMs began to cool down slowly, and with the significant improvement in the long and short material cycle, the preparation capacity of server motherboard suppliers began to slow down in the second quarter. At the same time, the production of some ODM plants was affected by the epidemic, among which enterprises orders led by Inventec were the first to bear the brunt. Production plans, including DELL.US (Dell) and HPE.US (Hewlett-Packard), were obviously delayed, but the overall shipping performance was not affected in the short term. It is estimated that global server shipments will still increase by 6.5% in the third quarter, and the demand momentum of enterprises accelerating to the cloud after the main epidemic continues to support.

Guo Shougang, deputy director of the Ministry of Industry and Information Technology: will continue to pay attention to the supply and demand of automotive chips and support chip enterprises to speed up capacity expansion.

On June 28, Guo Shougang, deputy director of the equipment Industry Department of the Ministry of Industry and Information Technology, said that in the next step, the Ministry of Industry and Information Technology will continue to pay attention to the supply and demand of automotive chips, further smooth the information channels of chip production and supply, and improve the upstream and downstream cooperation mechanism. support industry enterprises to carry out voluntary inventory allocation, product lending and so on. Sort out the list of urgently needed automotive chip products, guide the collaborative innovation of vehicle, spare parts and chip enterprises, support chip enterprises to speed up the expansion of production capacity and enhance supply capacity, and formulate and issue a system of technical standards for automotive chips. speed up the establishment and improvement of third-party testing service capacity, study the establishment of special insurance for automotive chips, and further create a good environment for development.

Institutional viewpoint:

Big Motors: to$Tencent (00700.HK) $Increase the rating with a target price of HK $450

According to the Morgan Stanley research report, Tencent is given an "overweight" rating with a target price of HK $450m. Naspers, the company's main shareholder, and Prosus, a subsidiary, will fund their long-term share buyback program by orderly reducing a small portion of their daily average trading volume. The bank expects the reduction of Prosus's holdings to narrow the discount of net asset value per share, is not worried about the company's business operations, and expressed confidence in the long-term outlook in a statement. Although daily holdings are relatively small, short-term negative effects will linger because of selling pressure, the bank said.

CICC: maintain$XPeng Inc.-W (09868.HK) $Outperform industry rating, target price up 43.9% to HK $177

CICC released a research report saying it maintained XPeng Inc. 's "outperform industry" rating, with a target price rise of 43.9 per cent to HK $177m. Integrated die-casting technology and the mass production of the third generation vehicle platform are expected to lead the company to achieve a step forward in profitability. According to the report, there is still a big gap in the market's expectations for the company's self-driving technology leadership and medium-and long-term profitability improvement, and various catalysts are expected to be ushered in in the third quarter of this year, including urban NGP (Navigation Guided Pilot, autopilot-assisted driving), planning OTA (Over-the-AirTechnology, air download technology), G9 on the market delivery, Guangzhou factory SOP, and so on.

China Bank International: for the first time$Yunkang Group (02325.HK) $"Buy" rating, target price of HK $23.44

According to a research report released by China Bank International, Yunkang Group has a "buy" rating for the first time, with a target price of HK $23.44. While the company has a good short-term income return, it also creates conditions for expanding the co-construction channel. The bank expects the business to be the focus of development, expanding rapidly, accounting for 50% of the revenue by 2024, and is optimistic about the rapid growth of the co-construction business in the future.

Macquarie: maintenance$99 (09922.HK) $"outperform the market" rating, the target price is reduced to HK $20

According to a research report released by Gree, it maintained its "outperform" rating of 99%, lowered its profit forecast for 2022 / 23 by 34.7% and 11.5%, and lowered its target price by 9% from HK $22 to HK $20. The company's Taier is on the right track and its turnover has improved, but it is expected that there will be obstacles to the future recovery. The procurement prices of various materials have been locked in at the beginning of the year, and prices will be flat to fall slightly in 2022, easing the pressure of price increases and keeping them competitive.

CICC: maintain$XPeng Inc.-W (09868.HK) $"outperform industry" rating, target price increased by 43.9% to HK $177

CICC released a research report saying it maintained XPeng Inc. 's "outperform industry" rating, with a target price rise of 43.9 per cent to HK $177m. Integrated die-casting technology and the mass production of the third generation vehicle platform are expected to lead the company to achieve a step forward in profitability.