富途资讯9月23日 | 恒指今日收跌1.18%，国指跌1.32%，恒生科技指数跌2.29%。
截至收盘，港股今日上涨486只，下跌1383只，收平1042只。
具体行业表现如下图：
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板块方面，大型科技股普跌，京东、阿里巴巴跌超3%，腾讯、美团、小米皆跌超2%。
绿电板块持续走低，煤炭板块大跌居前，生物科技股、苹果概念股、特斯拉概念股、家电股纷纷下挫，高伟电子尾盘大跌超10%。
另一方面，机构称中资电讯股受惠中国数字化转型，电信股全天维持涨势，国庆假期临近，旅游及观光股走强明显，石油股、银行股部分上涨。
个股方面，$携程集团-S(09961.HK)$涨超5%，二季度扭亏为盈，获大和评级至「买入」，目标价升至275港元；富瑞亦升携程目标价至260元。
$中国电信(00728.HK)$涨近4%，大行称中资电讯股将受惠中国数字化转型。
$新特能源(01799.HK)$跌近13%，9月国内硅料产量有望环比增加20%，机构预计产业链价格或开始下探。
$兖矿能源(01171.HK)$跌近8%，欧盟此前宣布放松对俄罗斯煤炭的限制。
$海丰国际(01308.HK)$跌超4%领跌海运股，亚洲出口美国集装箱运输量26个月来首降。
$艾德韦宣集团(09919.HK)$尾盘再涨超5%，公司近日承办路易威登2023春夏男装系列大秀。
港股通资金
港股通方面，今日港股通（南向）净流入28.14亿港元。
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今日港股成交额TOP20
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消息面
银保监会：今年已为中小微企业等办理延期还本付息金额超4万亿
据21财经，银保监会相关部门负责人介绍称，引导银行机构进一步落实好延期还本付息政策，主动跟进了解中小微企业、个体工商户和货车司机等的融资需求，对于符合条件的，及时提供延期还本付息、续贷等服务，努力做到「应延尽延」，切实缓解企业流动性困难。今年以来，已为中小微企业和个体工商户、货车司机办理延期还本付息金额超过4万亿元。
国资委召开中央企业碳达峰碳中和工作推进会
9月21日，国资委以视频形式召开中央企业碳达峰碳中和工作推进会，对积极稳妥推进碳达峰碳中和工作进行部署。会议要求，各中央企业要深刻认识做好碳达峰碳中和工作的重大意义，完整准确全面贯彻新发展理念，有力有序推进碳达峰碳中和重点工作。会议强调，各中央企业要按照国资委要求，科学合理、「一企一策」制定碳达峰行动方案，着力推进产业结构转型升级，调整优化能源结构，强化绿色低碳科技创新和推广应用，推进减污降碳协同增效；要加强组织领导，压实工作责任，抓好组织实施，确保取得成效，发挥好中央企业引领作用。
中汽协：1-8月销量排名前十位的轿车生产企业共销售439.9万辆
据中国汽车工业协会统计分析，2022年1-8月，销量排名前十位的轿车生产企业共销售439.9万辆，占轿车销售总量的63.2%。在销量排名前十位的轿车生产企业中，与上年同期相比，一汽丰田销量呈较快下降，一汽大众、东风有限略降，其他企业均呈增长，其中比亚迪增速最为明显。
广东证监局召开辖区上市公司助企纾困调研座谈会
近日，广东证监局联合广东上市公司协会召开辖区上市公司助企纾困调研座谈会，了解稳住经济一揽子政策措施在辖区的落地实施情况，听取上市公司相关意见建议。辖区17家具有行业代表性的上市公司相关负责人参加了会议。会上，调研企业代表就今年以来企业生产经营情况、稳经济政策措施的实施效果，以及当前面临的主要困难进行了深入交流。企业代表普遍表示，党中央国务院及证监会、地方政府部门出台系列稳企纾困政策措施针对性强、效果明显，对上市公司稳住预期、提振信心、加快恢复、促进发展具有重要作用。同时，企业代表围绕进一步发挥资本市场支持实体经济发展功能、增强助企纾困政策效果提出了多项意见建议。
机构观点
汇丰研究：上调$腾讯控股(00700.HK)$目标价至500港元，重申买入评级。
汇丰发表研究报告，指短视频用户增长放缓，但货币化仍有发展空间，预期2024年腾讯视频账户可带来410亿元人民币的广告收入。该行看好腾讯及阿里，均予买入评级。该行预计，传统电子商务平台的压力将会减轻，因为用户增长及其所花费的时间均已几乎达到极限。报告称，视频账户的货币化机会料难以在未来一至两年具体显现，但可以改善投资者情绪，并有助其长期增长和盈利状况，将腾讯目标价由495港元上调至500港元。另外，该行又认为，虽然未来两年阿里在内地GMV中的市场份额或不会停止流失，但幅度将会收窄，故带来了潜在的上行空间，维持阿里美股目标价145美元。
瑞银：新车G9与同业比无明显竞争优势，维持$小鹏汽车-W(09868.HK)$中性评级。
瑞银发表报告表示，小鹏正式发布中大型SUV新车G9，预计10月下旬开始交付，售价区间30万至35万元人民币，但该行留意到要全数配备NGP、音乐座舱和4C快充的高端版本售价高达46万元人民币，或要选取附加支付的可选包。该行指可以理解为是公司于价格竞争力和潜在利润的折衷，但尽管如此，以小鹏G9与同行模型相比，认为其没有明显的竞争优势。该行指，小鹏目前的估值为预测今明两年企业价值对收入各1.1倍及0.8倍，如果竞争进一步升级，认为估值存在一些下行风险。基于G9规格和定价，该行认为近期将月销量限制在5000辆，并认为小鹏汽车在销量和利润率前景方面仍面临一些基本挑战，维持对小鹏中性评级。
汇丰研究：上调$蔚来-SW(09866.HK)$目标价至222港元，评级买入。
汇丰研究发表报告，将蔚来目标价由221港元微升至222港元，评级买入。报告预计，第四季起蔚来的月度交货量将增加，原因包括三款新车型(ET5/ET7/ES7)强劲的订单表现，以及供应瓶颈问题缓解。该行将蔚来明年和后年的净利润预测分别上调7%和1%，因为在今年下半年开始的强劲产品周期的支持下，料产量增加；鉴于更高的产量带来更好的规模效益，明年的毛利率估计略有提升。至于今年的净利润就调低9%，主要是由于第三季供应链中断的时间较预期长，导致今年销售预期降低。该行对蔚来今年至后年的盈利预期，比市场共识平均高17%。
星展：维持$舜宇光学科技(02382.HK)$「买入」评级，目标价144.2港元。
星展发布研究报告称，维持舜宇光学「买入」评级，目标价144.2港元。近期股价下挫及取得近三年低位，相信其股价下跌主要是由于市场关注配置「降级」导致市场情绪减弱，预计短期股价将继续波动。
Futu Information on September 23 | the Hang Seng Index closed down 1.18% today, the National Index fell 1.32%, and the Hang Seng Technology Index fell 2.29%.
By the end of the day, Hong Kong stocks were up 486, down 1383 to close flat at 1042.
The specific industry performance is shown below:
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On the plate side, large technology stocks generally fell.JD.com and BABA fell by more than 3%, while Tencent, Meituan and XIAOMI all fell by more than 2%.
The green electricity sector continued to decline, while the coal sector plummeted, while biotech stocks, Apple Inc concept stocks, Tesla, Inc. concept stocks and home appliance stocks fell one after another, while Gao Wei Electronics fell more than 10% in late trading.
On the other hand, the agency said that Chinese telecommunications stocks benefited from China's digital transformation, telecom stocks maintained a rising trend throughout the day, the National Day holiday was approaching, tourism and tourism stocks strengthened significantly, while oil stocks and bank stocks rose.
Individual stocks$Trip.com-S (09961.HK) $It rose more than 5%, turned a loss into a profit in the second quarter, and was rated "buy" by Daiwa, with the target price rising to HK $275. Fu Rui also raised the target price of Trip.com to RMB260.
$China Telecom Corporation (00728.HK) $Up nearly 4%, Daihang said Chinese telecom stocks will benefit from China's digital transformation.
New special energy (01799.HK) $fell nearly 13%, domestic silicon production is expected to increase 20% month-on-month in September, the agency expects the price of the industrial chain may begin to decline.
Yanzhou Mining Energy (01171.HK) $fell nearly 8% after the European Union announced that it would relax restrictions on Russian coal.
SITC International Holdings (01308.HK) $fell more than 4% led shipping stocks lower, Asian exports to the United States container shipments fell for the first time in 26 months.
The $09919.HK group rose more than 5% in late trading, and the company recently hosted the Louis Vuitton spring / summer 2023 men's wear show.
Hong Kong stock exchange fund
As for Hong Kong Stock Connect, there was a net inflow of HK $2.814 billion from Hong Kong Stock Connect (southbound) today.
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Today's turnover of Hong Kong shares TOP20
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Message surface
Bancassurance Regulatory Commission: this year, the amount of deferred principal and interest service for small and medium-sized enterprises has exceeded 4 trillion yuan.
According to 21 Finance, the person in charge of the relevant departments of the CBIC said that we should guide banking institutions to further implement the policy of deferred principal and interest service, take the initiative to follow up and understand the financing needs of small and medium-sized enterprises, individual industrial and commercial households, and truck drivers, and provide timely services such as deferred principal and interest service and loan renewal for those who meet the conditions, and strive to "delay as much as possible" to effectively alleviate the liquidity difficulties of enterprises. Since the beginning of this year, the amount of deferred principal and interest service for small and medium-sized enterprises, individual industrial and commercial households and truck drivers has exceeded 4 trillion yuan.
SASAC holds the promotion meeting of carbon peak carbon neutralization work of central enterprises
On September 21, SASAC held a central enterprise carbon neutralization work promotion meeting in the form of video to make arrangements for actively and steadily promoting carbon neutralization work. The meeting demanded that all central enterprises deeply understand the great significance of doing a good job in carbon neutralization, fully, accurately and comprehensively implement the new development concept, and promote the key work of carbon neutralization in a strong and orderly manner. The meeting stressed that all central enterprises should, in accordance with the requirements of the State-owned assets Supervision and Administration Commission, formulate a carbon peak action plan scientifically and rationally and with "one enterprise, one policy", strive to promote the transformation and upgrading of the industrial structure, adjust and optimize the energy structure, strengthen the innovation and application of green and low-carbon science and technology, and promote synergy and efficiency in pollution reduction and carbon reduction; strengthen organizational leadership, consolidate work responsibilities, do a good job in organization and implementation, ensure results, and play a leading role of central enterprises.
China Automobile Association: the top 10 car manufacturers sold a total of 4.399 million vehicles from January to August.
According to the statistics of the China Association of Automobile Manufacturers, from January to August 2022, the top 10 car manufacturers sold a total of 4.399 million vehicles, accounting for 63.2% of the total car sales. In the top 10 car manufacturers, compared with the same period last year, FAW Toyota sales showed a rapid decline, FAW Volkswagen, Dongfeng limited slightly, other enterprises showed growth, of which BYD growth rate is the most obvious.
Guangdong Securities Regulatory Bureau held a symposium on relief of listed companies in its jurisdiction.
Recently, the Guangdong Securities Regulatory Bureau and the Guangdong listed companies Association held a research forum on helping listed companies to rescue enterprises in their jurisdiction to understand the implementation of a package of policies and measures to stabilize the economy in the area, and listen to relevant opinions and suggestions of listed companies. The relevant responsible persons of 17 industry representative listed companies in the area attended the meeting. At the meeting, representatives of research enterprises had an in-depth exchange on the production and operation of enterprises since the beginning of this year, the implementation effect of policies and measures to stabilize the economy, and the main difficulties currently faced. Enterprise representatives generally said that the CPC Central Committee, the State Council, the CSRC, and local government departments have issued a series of policies and measures to stabilize enterprises and rescue enterprises, which are highly targeted and effective, and play an important role in stabilizing expectations, boosting confidence, speeding up recovery, and promoting development of listed companies. At the same time, enterprise representatives put forward a number of opinions and suggestions on further giving full play to the function of the capital market in supporting the development of the real economy and enhancing the effectiveness of the policy of helping enterprises to alleviate hardship.
Institutional viewpoint
HSBC Research: up-regulation$Tencent (00700.HK) $The target price is HK $500, reiterating the buy rating.
HSBC released a research report pointing out that the growth of short video users has slowed down, but there is still room for monetization, and Tencent's video account is expected to generate 41 billion yuan in advertising revenue in 2024. The bank is bullish on Tencent and BABA, both of whom have buy ratings. The bank expects pressure on traditional ecommerce platforms to ease as user growth and the time it takes have almost reached their limits. Monetization opportunities for video accounts are expected to be difficult to materialize in the next year or two, but will improve investor sentiment and help its long-term growth and profitability, raising Tencent's target price from HK $495 to HK $500, the report said. In addition, the bank also believes that although BABA's market share in the mainland GMV may not stop losing in the next two years, the range will narrow, so it will bring potential upside space to maintain the target price of US $145 for Ali US stocks.
UBS: the new car G9 has no obvious competitive advantage compared with the same industry.$XPeng Inc.-W (09868.HK) $Neutral rating.
UBS said in a report that XPeng Inc. officially launched the medium and large SUV G9, which is expected to start delivery in late October, with a price range of 300000 to 350000 yuan, but the bank noted that the high-end version, which is fully equipped with NGP, music cockpit and 4C fast charging, sells for as much as 460000 yuan, or has to choose an optional package for additional payment. The bank's reference can be understood as a compromise between the company's price competitiveness and potential profits, but in spite of this, compared with the peer model, the XPeng Inc. G9 does not have an obvious competitive advantage. The bank pointed out that XPeng Inc. 's current valuation is expected to be 1.1 times and 0.8 times of enterprise value to income this year and next year, respectively. If the competition escalates further, it believes that there are some downside risks in valuation. Based on the G9 specifications and pricing, the bank believes that monthly sales will be limited to 5000 vehicles in the near future, and that XPeng Inc. still faces some basic challenges in terms of sales and profit margin prospects, and maintains a neutral rating on XPeng Inc..
HSBC Research: up-regulation$NIO Inc.-SW (09866.HK) $Target price to HK $222, rating buy.
HSBC Research released a report that slightly raised the target price of NIO Inc. from HK $221 to HK $2222. The report expects NIO Inc. 's monthly delivery to increase from the fourth quarter, due to strong order performance for three new models (ET5/ET7/ES7) and easing supply bottlenecks. The bank raised NIO Inc. 's net profit forecasts for next year and the year after next by 7 per cent and 1 per cent respectively, as production is expected to increase on the back of a strong product cycle that began in the second half of this year, and given that higher production brings better economies of scale, gross profit margins are expected to rise slightly next year. As for this year's net profit, the reduction of 9% is mainly due to lower sales expectations this year due to longer-than-expected disruption in the supply chain in the third quarter. The bank's profit forecast for NIO Inc. from this year to the year after next is 17 per cent higher than the market consensus on average.
Star Show: maintenance$Sunny Optical Technology (02382.HK) $"Buy" rating, target price of HK $144.2.
According to a research report released by DBS, Sunny Optical's "buy" rating is maintained with a target price of HK $144.2. Recently, the stock price has fallen and reached a nearly three-year low. It is believed that the decline in its share price is mainly due to the weakening of market sentiment caused by the market focus on the allocation "downgrade". It is expected that the stock price will continue to fluctuate in the short term.
