港市速睇 | 三大指数集体上行,铜业股走强,五矿资源涨超5%

A quick look at the Hong Kong market | The three major indices have collectively risen, copper stocks strengthened, and Minmetals Resources rose more than 5%

Futu News ·  Apr 18 16:26

Futu News reported on April 18 that the three major indices of Hong Kong stocks rose one after another. By the close, the Hang Seng Index had risen 0.82%, the Science Index had risen 0.50%, and the National Index had risen 0.94%.

By the close, Hong Kong stocks were up 987, down 859, and closed at 1,147.

The specific industry performance is as follows:

On the sector side, the trend of TechNet shares was mixed. NetEase and Tencent rose more than 1%, Baidu, Kuaishou, Xiaomi, and Meituan rose slightly, Ali and Jingdong fell slightly, and Bilibili fell more than 1%.

Copper stocks strengthened; Minmetals resources rose more than 5%, China's nonferrous mining industry rose more than 4%, and Jiangxi Copper shares rose nearly 4%.

Insurance stocks rose. China Taibao rose nearly 6%, China Ping An rose more than 4%, Xinhua Insurance rose more than 3%, and China Life Insurance, AIA, and China Financial Insurance rose nearly 2%.

Home appliance stocks generally rose. Hisense Home Appliances rose nearly 5%, Haier Smart Home rose more than 4%, and TCL Electronics and Skyworth Group rose about 3%.

Bank stocks rose one after another. China Merchants Bank rose nearly 3%, ICBC and Bank of China rose more than 2%, China CITIC Bank and China Construction Bank rose nearly 2%, and HSBC Holdings rose nearly 1%.

On the other side, sporting goods stocks, aviation stocks, semiconductor stocks, mobile game stocks, etc. showed active performance, and oil stocks pulled back.

In terms of individual stocks,$CPIC (02601.HK)$With an increase of nearly 6%, institutions believe that investment opportunities in insurance stocks are gradually shifting from the left to the right.

$POP MART (09992.HK)$With an increase of more than 4%, IP broke the circle at home and abroad at an accelerated pace, and the company has multiple positive catalysts.

$XINYI GLASS (00868.HK)$With a drop of more than 4%, the drop in float glass prices has narrowed, and supply-side pressure may still be prominent in the off-season.

$ZHONGSHENG HLDG (00881.HK)$With an increase of more than 4%, car companies' price-for-volume strategy showed results, and dealers' inventory pressure dropped.

$JENSCARE-B (09877.HK)$The increase was over 21%, and the global commercialization of the core product LUX-Valve continues to advance.

Today's top 10 Hong Kong stock turnover

Hong Kong Stock Connect Capital

On the Hong Kong Stock Connect side, today's net inflow of Hong Kong Stock Connect (southbound) was HK$6.638 billion.

Agency Perspectives

  • CICC: Maintains Anta Sports' “Outperforming Industry” rating, with a target price of HK$109.19

CICC released a research report saying that it maintains$ANTA SPORTS (02020.HK)$“Outperform the industry” rating. The 2024/25 EPS forecast remains unchanged at $4.63/4.94, with a target price of HK$109.19. The company announced the operating conditions for the first quarter: retail sales of the Anta brand increased by the number of units year-on-year, retail sales of the FILA brand increased by a higher number of units year-on-year, and retail sales of other brands (excluding new brands added since 2023) increased 25-30% year-on-year.

  • Citibank: “Buy” rating from Shenzhou International, target price HK$108

According to a research report released by Citi,$SHENZHOU INTL (02313.HK)$“Buy” rating, target price HK$108. As Adidas's results for the first quarter of 2024 were better than expected and the 2024 revenue guidance was raised, it was raised from the previous middle single digits to the medium to high single digits, which is expected to have a slight positive impact on Shenzhou.

  • Xiaomo: Dongfang Overseas International “added” rating, target price reduced to HK$145

J.P. Morgan Chase released a research report saying that$OOIL (00316.HK)$With the “Overweight” rating, the target price was reduced by 12% from HK$165 to HK$145. Considering OCW's operations in the second half of 2023 and the first quarter of 2024, J.P. Morgan believes that although the latest performance and dividend decisions are not impressive, OCEC's valuation is still attractive.


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