WDnemo
2022-12-04
nice//@niszam:

This week, Pandemic outbroke again across the country, and local controls escalated. The Hang Seng index$HSI(HSI)$ fell 2.33% in a retreated week.

The real estate sector soared due to the formal introduction of 16 financial and real estate articles, with a weekly increase of 1.9%, ranking second in the industry. Major banks have granted hundreds of billions of loans to the real estate industry, and the industry debt crisis has been lifted.

The health care sector, which had risen sharply, retracted 3.64% this week, ranking first from the bottom.

Baidu$BIDU-SW(09888)$, Kuaishou$KUAISHOU-W(01024)$, Xiaomi$XIAOMI-W(01810)$, Meituan$Meituan(03690)$ and other large companies released financial results, most of the results exceeded expectations.

This week, southbound funds sold a net of HK $1.48 billion:

Blockbuster events this week

1. The Securities Regulatory Commission paid attention to Yi Hui Man's proposal to build a valuation system with Chinese characteristics, and individual stocks of state-owned enterprises performed brilliantly.

2. The State Council executive meeting decided to cut the reserve requirement ratio (RRR), the Central Bank announced Friday to cut the RRR by 0.25% from December 5;

3. Alejandro Nicolas Aguzin, chief executive of HKEX, said overseas investors were still interested in Chinese assets.

4. WEILONG Delicious Global Holdings Ltd$WEILONG Delicious Global Holdings Ltd(90001)$ was listed on the Hong Kong stock exchange.

5. BYD$BYD COMPANY(01211)$ announced that it will adjust the official guidance prices of Dynasty, Ocean and Denza series by between CNY2,000 yuan and CNY6,000. Buffett continued to reduce his stake in BYD this week.

6. The Federal Reserve hinted at a slowdown in raising interest rates.

7. The major shareholders of Tencent$TENCENT(00700)$ resumed the reduction of their holdings, selling 80 million shares in the past month.

8. Baidu$BIDU-SW(09888)$ , Xiaomi$XIAOMI-W(01810)$ , Kuaishou$KUAISHOU-W(01024)$ , Meituan$Meituan(03690)$ and other companies released financial reports.

Highlights of Hot TOP 10 stocks

TOP5: Country Garden, the real estate industry has been booming this week, with Country Garden leading the way.

TOP9: LX Technology Group Limited$LX Technology Group Limited(02436)$, which was listed the Hong Kong Stock Exchange on Thursday, rose 2.63% on its first day of trading.

TOP10: XL2 CSOP HSTECH$XL2 CSOP HSTECH(07226)$, a non-individual stock, is a fund that is twice long the Hang Seng Technology Index$HSTECH(HSTECH)$ . The investment objective of the product is to provide an investment performance as close as possible to twice (2x) the daily performance of the index before fees and expenses.

Four Things to watch for next week

1. Bilibili$BILIBILI-W(09626)$ will report earnings next Tuesday, and Bloomberg analysts have been expecting revenue of 5.72 billion yuan, up 9.8% from a year ago:

2. China's official manufacturing PMI date for November will be released next Wednesday, with a forecast 50%, compared with a previous of 49.2%.

3. The number of ADP employment in the United States will be released next Wednesday, the forecast is 200,000, the previous 239,000. If the job market is strong, the Fed will have no concerns about raising interest rates;

4. Xpev$XPENG-W(09868)$ will report earnings next Wednesday, Bloomberg analysts expect quarterly revenue of RMB6.388 billion, up 11.7% from a year earlier:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
17