Hong Kong Stock Market News:
1) Performance Express
$BYD COMPANY (01211.HK)$: In the first half of the year, the revenue was 301.127 billion yuan, an increase of 15.76% year-on-year; the net profit was 13.631 billion yuan, an increase of 24.14% year-on-year.
$MEITUAN-W (03690.HK)$: In the second quarter, the revenue was 82.251 billion yuan, an increase of 21% year-on-year; the adjusted net profit was 13.606 billion yuan, an increase of 77.6% year-on-year.
$PICC GROUP (01339.HK)$: In the first half of the year, the total revenue was 292.342 billion yuan, an increase of 4.1% year-on-year; the net profit was 23.4 billion yuan, an increase of 13.66% year-on-year.
$CHALCO (02600.HK)$In the first half of the year, the revenue was 110.718 billion yuan, a decrease of 17.41% year-on-year; the net income was 7.016 billion yuan, an increase of 105.36% year-on-year.
$CITIC BANK (00998.HK)$In the first half of the year, operating income was 108.64 billion yuan, an increase of 2.60% year-on-year; net income was 35.49 billion yuan, a decrease of 1.60% year-on-year.
$BYD ELECTRONIC (00285.HK)$In the first half of the year, the revenue was 78.581 billion yuan, an increase of 39.87% year-on-year; net income was 1.518 billion yuan, an increase of 0.14% year-on-year.
$LI AUTO-W (02015.HK)$In the first half of the year, revenue was 57.312 billion yuan, an increase of 20.81% year-on-year; net income was 1.695 billion yuan, a decrease of 47.4% year-on-year.
$MENGNIU DAIRY (02319.HK)$In the first half of the year, the shareholder's attributable surplus was approximately 2.446 billion yuan, and it plans to buy back shares worth up to 2 billion Hong Kong dollars.
$CITIC SEC (06030.HK)$In the first half of the year, the total revenue was 42.785 billion yuan, a year-on-year increase of 0.07%; net profit was 10.57 billion yuan, a year-on-year decrease of 6.51%.
$ZMJ (00564.HK)$In the first half of the year, the total revenue was approximately 18.943 billion yuan, a year-on-year increase of 4.02%; net profit was approximately 2.1615 billion yuan, a year-on-year increase of 28.56%.
$GUANGDONG INV (00270.HK)$In the first half of the year, the revenue was 12.291 billion Hong Kong dollars, a year-on-year increase of 8.1%; net profit was 2.411 billion Hong Kong dollars, a year-on-year decrease of 4.6%.
$LINGBAO GOLD (03330.HK)$: In the first half of the year, the revenue was 4.281 billion yuan, a decrease of 26.67% year-on-year; the net profit was 0.153 billion yuan, an increase of 8.68% year-on-year.
$INNOVENT BIO (01801.HK)$: In the first half of the year, the revenue was 3.952 billion yuan, an increase of 46.3% year-on-year; the loss was 0.393 billion yuan, an increase of 182.16% year-on-year. The product income during this period was 3.811 billion yuan, an increase of 55.1% year-on-year.
$XIABUXIABU (00520.HK)$: In the first half of the year, the revenue was approximately 2.395 billion yuan, a decrease of 15.9% year-on-year; the net loss was approximately 0.273 billion yuan, a change from profit to loss.
3) Buyback Dynamics
$MEITUAN-W (03690.HK)$Plans to repurchase a total amount of no more than 1 billion US dollars of Class B common stock shares.
$TENCENT (00700.HK)$Investing 1.001 billion Hong Kong dollars to repurchase 2.66 million shares at a repurchase price of 372.40-383.00 Hong Kong dollars.
$KUAISHOU-W (01024.HK)$Investing 49.9898 million Hong Kong dollars to repurchase 1.2675 million shares at a repurchase price of 39.05-39.95 Hong Kong dollars.
$AIA (01299.HK)$Investing approximately 63.9184 million Hong Kong dollars to repurchase 1.15 million shares at a repurchase price of 55.1-56.2 Hong Kong dollars.
Focus on hotspots:
The three major indices all fell, with the Nasdaq down more than 1%.
On Wednesday, Eastern Time, the three major indices collectively closed lower. At the close, the Dow Jones Industrial Average fell 0.39%, the S&P 500 index fell 0.60%, and the Nasdaq index fell 1.12%.
Large-cap tech stocks fell collectively, with Meta, Apple, and Microsoft slightly down, Google, Amazon, and Tesla down more than 1%, and Nvidia down more than 2%.
Popular China concept stocks generally fell, with the Nasdaq China Golden Dragon Index down 3.57%, Alibaba and Baidu down more than 2%, Pinduoduo and NIO Inc. down more than 7%, XPeng down 9%, and Li Auto Inc. down more than 16%.
The National Medical Products Administration is seeking opinions on the draft of the Medical Device Management Law.
The Comprehensive Department of the National Medical Products Administration is openly soliciting opinions on the "Draft of the Medical Device Management Law of the People's Republic of China (Soliciting Opinions Draft)". The soliciting opinions draft proposes that the country formulate an industrial plan and policies for medical devices, incorporate the research and innovation of medical devices into the development focus, and provide support in technology projects, financing, credit, bidding and procurement, medical insurance, etc. The country will establish a development fund for the medical device industry to promote the innovative development of high-performance, high-quality medical devices. Encourage cooperation between fiscal funds and social capital to broaden the financing channels for medical device companies.
Nvidia's Q3 revenue guidance fell short of the highest expectations, and the stock fell after hours.
Nvidia's revenue for the third quarter is expected to be approximately $32.5 billion. Although the average analyst expectation is $31.9 billion, the upper end of the expectation range is $37.9 billion. The company also stated that its highly anticipated new Blackwell chip encountered difficulties in the production process, which caused the stock to fall after hours.
OpenAI is reportedly seeking new financing with a valuation of over $100 billion.
According to sources, OpenAI is in talks for a new round of financing with a valuation exceeding $100 billion. Microsoft is also expected to invest. The CFO of OpenAI has announced in a memorandum that the negotiations for the new financing are still in the early stages. They are raising funds to be used for computation and operation of the business.
In July, the domestic market saw a shipment of 24.204 million smartphones, an increase of 30.5% compared to the previous year.
According to data released by the China Academy of Information and Communications Technology, in July 2024, the domestic market saw a shipment of 24.204 million smartphones, an increase of 30.5% compared to the previous year. Among them, there were 20.654 million 5G smartphones, an increase of 37.2% year-on-year, accounting for 85.3% of the total smartphone shipments during the same period. From January to July 2024, the domestic market saw a total shipment of 0.171 billion smartphones, an increase of 15.3% compared to the previous year. Among them, there were 0.145 billion 5G smartphones, an increase of 23.6% year-on-year, accounting for 84.8% of the total smartphone shipments during the same period.
At the close of the night session of July 27th,
As of August 29, the Dow Jones Industrial Average closed at 17646 points, a decrease of 63 points or 0.356%, with a low of 46 points. The total number of open contracts was 18399, a decrease of 46841; the net open contracts were reported at 6141, a decrease of 18641.$HSI Futures Current Contract (HSIcurrent.HK)$
Hang Seng Index Bull & Bear Certificates
As of August 29, the latest bull-bear street cargo ratio of the Hang Seng Index is 63:37.
According to the data in the Societe Generale Hang Seng bull-bear certificate street cargo distribution chart, the heavy bear certificate area is between 18000 and 18099, and the latest number of bear certificates in this range is 780, a decrease of 362 from the previous trading day.
The heavy bull certificate area is between 17100 and 17199, and the latest number of bull certificates in this range is 847, an increase of 133 from the previous trading day. The largest increase is in the 17500-17599 range, with the latest number of bull certificates in this range being 624, an increase of 443 from the previous trading day.
Editor/ping
