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HKEX_Comments
Profile:Focus on HKEX & China Stocks
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2023-12-25

Weekly Recap | Gaming stocks collapsed!

Internet giants collapsed! $TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$, the king of HK stock, fell by 12% last Friday, while $NetEase(NTES)$ $NTES-S(09999)$ plunged by 24.6%!Last Friday, the draft release of "Network Game Management Measures" proposed restrictions on excessive use and high spending in games.As a result, the gaming stocks plunged, the $HSI(HSI)$ turned from up to down, and finally closed down 1.69%!On the macro side, the LPR rate remained unchanged last week, and the interest rate cut expectation was disappointed. However, state-owned banks including
Weekly Recap | Gaming stocks collapsed!
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2023-07-31

Vibrant activity among top traded stocks on SGX

This year, close to a quarter of Singapore’s 100 most actively traded stocks have registered double-digit percentage growth in daily trading turnover from their respective 2022 levels.Of the 23 stocks, 21 saw increased average daily trading turnover on the back of trading volume rather than price gains. These 23 stocks have in total seen on average S$202 million in shares changing hands daily so far this year, compared to S$113 million in 2022.Actively traded high-turnover stocks in 2023 YTDThese include six Straits Times Index $Straits Times Index(STI.SI)$ constituents, which comprised Singapore Airlines $SINGAPORE AIRLINES LTD(C6L.SI)$ , Seatrium $S
Vibrant activity among top traded stocks on SGX
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2023-07-31

Weekly Recap| HSTECH entered technical bull market!

The Hang Seng Index $HSI(HSI)$ rose 4.41% last week, and the Hang Seng Tech Index $HSTECH(HSTECH)$ rose more than 23% in past months, it was entering a technical bull market!On the news, last week ushered in heavy good news, the Political Bureau of the Central Committee held a meeting on Monday to analyze the current economic situation, deploy economic work in the second half of the year, and propose to activate the capital market and boost investor confidence. At the same time, the expression of the real estate industry at this meeting is to timely adjust and optimize the policy, not to mention housing speculation!The day after the Politburo meeting, Hong Kong A-shares soared, the RMB exchange rate appr
Weekly Recap| HSTECH entered technical bull market!
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2023-01-16

HKEX stocks rose 46% in 3 Months, Stocks & ETFs to Chase the Bull Market

Key points:$HSI(HSI)$ has risen for 3 consecutive months, check Top gaining HKEX stocks and investing ETFs ListFactors for the rise of the $HSI(HSI)$ and 2023 Target outlooks from 3 top institutions1. The $HSI(HSI)$ Rose 46% Since Nov 2022, Check top HKEX stocks and ETFs ListHi Tigers, As of the close on January 13, the $HSI(HSI)$ hit a six-month high, and has maintained a sharp rise for since November 1st, 2022 as global funds buy and tech risk ebbs.Technically, the $HSI(HSI)$ <
HKEX stocks rose 46% in 3 Months, Stocks & ETFs to Chase the Bull Market
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05-27 10:50

Weekly | HSI Dropped 4 Days to Below 19,000!

The $HSI(HSI)$ has been on a four-day losing streak last week, sliding back below the 19,000 mark. It's been a tough week for Hong Kong stocks, with a weekly loss of 4.83%.The news is not looking good. Chinese stocks released their earnings reports last week, and regardless of whether they met expectations, most of them took a nosedive. $Li Auto(LI)$ $LI AUTO-W(02015)$ dropped 19% the day after its report, $Bilibili Inc.(BILI)$ $BILIBILI-W(09626)$ fell 11.3%, and $Xiaomi Corp.(XIACY)$ $XIAOMI-W(01
Weekly | HSI Dropped 4 Days to Below 19,000!
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2023-02-21

HSI, HSTECH Filled Gap, But a Healthy Mid-term Adjustment

$HSI(HSI)$ $HSTECH(HSTECH)$ dropped since Jan 30th 2023, and see 6.01% & 8.47% decline respectively as of Feb 21st( Asia Tuesday Trading).$iShares MSCI Hong Kong ETF(EWH)$ fell 5.08%.Among the TOP 10 stocks of $HSI(HSI)$$TENCENT(00700)$ fell 5.34%, $ICBC(01398)$ fell 3.82%, 
HSI, HSTECH Filled Gap, But a Healthy Mid-term Adjustment
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2023-03-27

Weekly Recap| Tencent soared, HSI fought back!

Hong Kong stocks fought back last week, with the Hang Seng Index$HSI(HSI)$ falling below the 19000-point mark on Monday under the influence of the UBS$UBS Group AG(UBS)$ storm. Later, it recovered after the Federal Reserve duly raised interest rates by 25 basis points and the positive financial results for China Concept stocks. The Hang Seng Index rose 2.11% a week.In sector terms, the big gainers last week was industrial sector, with utilities the biggest losers:Southbound funds continue to buy HK $16.76 billion substantially:Key Events in Hong Kong Stocks Last Week1. Credit Suisse$Credit Suisse Group AG(CS)$ to be acquired by UBS
Weekly Recap| Tencent soared, HSI fought back!
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2023-10-23

Weekly Recap | Why Hong Kong stocks collapse again?

The global capital market tremor last week. Hong Kong stocks and A shares plummeted. $HSI(HSI)$ fell 3.6% in a week, approaching the 17000-point; $SSE Comp(000001.SH)$ fell below the 3000-point mark.On the news, the Palestinian-Israeli conflict has intensified, crude oil prices have risen, and the 30-year US bond yield has exceeded 5%, a new 16-year high, causing foreign investors to sell Chinese assets frantically.U.S. and European fund managers have sold a net $1.6 billion of Chinese stocks this month, according to data from EPFR Global and Morgan Stanley. Technology stocks including $Tencent(00700)$ $Tencent Holding
Weekly Recap | Why Hong Kong stocks collapse again?
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2023-08-07

Weekly Recap| Policy continues to benefit, HSI is ready to go!

Recently, the policy side is constantly good, bull engine securities stocks frequently change, but it takes time to stimulate the policy landing, coupled with the external market turmoil, superposition the Hong Kong stock market short-term rise is larger, last week the Hang Seng index $HSI(HSI)$ rose and fell 1.89%.In terms of the sector, on Monday, the National Development and Reform Commission issued 20 measures to promote consumption. Consumer stocks soared at one time, and Hong Kong stock EFUND LIQUOR ETF $EFUND LIQUOR(03189)$ rose more than 4% at one point. On Wednesday, the People's Bank of China again stressed that it would guide commercial banks to adjust the interest rate of stock personal housin
Weekly Recap| Policy continues to benefit, HSI is ready to go!
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2022-10-10

Research| US Inflation Peaked? Saving Hong Kong Stocks

Key Takeaways Chinese PPI, Chinese 10-year yield and US NFIB hiring data suggest US inflation has peaked. These are obscure indicators/relationships. But slowing inflation augurs for a US recession – it is not a cause for rejoice. The hedging relationship between stocks and bonds still works in China - unlike in the US. As such, China is still a normal market where prices can be more informative. Hong Kong is deeply oversold. Despite US recession risks, there is a trade here. 1. US Inflation has peakedThe alternative economic indicators that we used to track the global inflation cycle are also suggesting slowing US growth and falling US demand ahead. For instance, job openings are getting easier to fill, according to the NFIB. This measure tends to lead the US CPI by up
Research| US Inflation Peaked? Saving Hong Kong Stocks
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2023-09-25

Weekly Recap| Is absolutely bull news coming?

Hong Kong stocks are in the doldrums last week, but a 2.28% Long White Line on Friday gave investors hope again.On the news, the market was full of all kinds of bull news, such as Reuters reported: it is rumored that the Chinese government plans to launch a series of measures to rescue the market on September 22, restricting short selling, setting up a stabilization fund, etc. :Another example was the news from Bloomberg that China is considering relaxing the cap on foreign ownership of some A-shares, but the discussion is still at an early stage. At present, there has been no official confirmation.There is also good news from Hong Kong stocks. Yesterday, when attending the National Day Reception for the financial services sector, Lee Ka Chiu John, the Chief Executive of Hong Kong, said th
Weekly Recap| Is absolutely bull news coming?
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2023-01-09

Weekly Recap: HSI broke through 20,000 points, officially entered the bull market

Last week, the Hang Seng Index$HSI(HSI)$ broke through 20,000 points, and stood above the bull-bear dividing line, above the 250-day moving average. This means that Hong Kong stocks have officially entered a bull market.There are two major positive factors behind it:First, the Internet platform economy ushered in favorable policies. Tencent$TENCENT(00700)$ won the title of the blockbuster game, and the capital increase plan of Chongqing Ant Consumer Finance Company was approved.Second, more real estate stimulus policies were introduced, the central bank issued the "establishment of the first set of housing loan interest rate policy dynamic adjustment mechanism", saying that it will strongly support users
Weekly Recap: HSI broke through 20,000 points, officially entered the bull market
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2022-12-16

Delisting Risk Eased After PCAOB Confirmed Audit Progress

On December 15, the US Public Company Accounting Oversight Board (PCAOB) announced that the recently audited Chinese firms listed on U.S. exchanges have complied in full with the audit process. The PCAOB has formally retracted its previous determinations that Chinese U.S.-listed companies were noncompliant in a historic moment that should ease some of the immediacy of delisting risk.It is a major breakthrough for both PCAOB and Chinese companies.PCAOB Chairman Erica Williams confirmed at a press conference We arrived at today’s decision only after thoroughly verifying China’s compliance The China Securities Regulatory Commission (CSRC) said that the inspection and investigation activities of both sides on relevant accounting firms are 
Delisting Risk Eased After PCAOB Confirmed Audit Progress
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2022-12-26

Weekly Recap: Hang Seng Index Heading For 20,000 Points

This week, the $HSI(HSI)$ fell and then rose, achieving 19786 points midweek. It's close to the 20,000 points. The HSI rose 0.73% weekly.Performance by sectorsThe integrated sector led the way with a weekly gain of 2.19%, while the real estate and healthcare sectors fell much.Net outflow of HKD 700 million this week: funds are cautious at 20,000Key Events in Hong Kong Stocks Last Week:1. Zhejiang Provincial Party Secretary Yi Lianhong inspected $Alibaba(BABA)$ .2. On December 21,the "Opinions on deepening the reform of modern vocational education system construction" (hereinafter referred to as "opinions") was&n
Weekly Recap: Hang Seng Index Heading For 20,000 Points
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2023-04-10

Weekly Recap| AI stocks took the lead

Last week, Hong Kong stocks closed for two days for the Qingming Holiday and Good Friday, only three days of actual trading. Next Monday, Hong Kong stocks will be closed for another day for Easter.In the market, AI concept stocks shined, there is news that AI concept stock Sensetime $SENSETIME-W(00020)$ will launch large model products next week, the stock price rose 25%, the daily transaction amount to HK $6 billion!In addition, due to the giants have joined the AI race, the semiconductor industry will benefit from the potential, and the industry itself is about to reverse, SMIC $SMIC(00981)$ is back in the market's favor, the weekly share price rose 20.7%, the highest in more than two years!Other than
Weekly Recap| AI stocks took the lead
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2023-06-19

Weekly Recap| Hong Kong stocks rally accelerated!

The Hong Kong market's rebound accelerated in the third week of June. The Hang Seng Index $HSI(HSI)$ rose 2.26% last week, while the Hang Seng Technology Index $HSTECH(HSTECH)$ rose 6.71% in the week. The Hang Seng Index, a market sentiment indicator, recovered to 7.4, while the Hang Seng Technology Index recovered to 7.2.Capital flow of Hong Kong stocksFrom the sectors, as the main rebound last week was in the Hong Kong and US dual-listed Chinese stocks that had fallen sharply before, the information technology sector led the rise last week (up +7.93% in one week), followed by consumer discretionary (up +6.03% in one week). Last week, only utilities (weekly decline of -0.13%), telecom (weekly decline of
Weekly Recap| Hong Kong stocks rally accelerated!
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2023-07-24

Weekly Recap: HSI Will be Confronted by Challenges as Negative News Hits HK Stocks!

The $HSI(HSI)$ underperformed with 1.77% declination weekly.From the perspective of the news, China released the GDP data in Q2, year-on-year growth of 6.3%, which was sharply less than the market expectation of 7.3%, leading to A-shares plummeting. Hong Kong stocks avoided the drastic declination due to close for typhoon "Terry".However, Hong Kong stock Market was also affected by the negative news eventually. the HSI fell sharply on Tuesday, especially with the collapse of banking sector for the shocking news from  $EVERGRANDE(03333)$  (the largest real estate company in China), which released a new announcement that the group's liabilities amounted to more t
Weekly Recap: HSI Will be Confronted by Challenges as Negative News Hits HK Stocks!
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2022-12-05

Weekly Recap| HSI Hit a New Stage High Prompted Constant Bullish Factors

The Hong Kong stock market continued to rally last week. The Hang Seng Index rose 6.27% week-on-week, hitting a new high since the rally.Last week's rally was driven by three main sources.1. The Securities and Futures Commission resumed equity financing for real estate companies2.  Pandemic prevention and control policies continue to be optimized, such as the cancellation of temporary control measures in Guangzhou city.3. Employment data released last week was significantly less than expected, highlighting the economic slowdown. Fed Chairman Powell's speech indicated that it is reasonable to slow down interest rate hikes in the future. The following surge of U.S. stocks also create a good external environment for Hong Ko
Weekly Recap| HSI Hit a New Stage High Prompted Constant Bullish Factors
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2023-12-04

Weekly Recap | Is There Hope for HK Stocks as Giants Slumped and HSI Hit New Low?

Another miserable week, $HSI(HSI)$ fell 4.15% in last week, below 17,000 points round mark, hit a new low for the year!On the macro, the official manufacturing purchasing managers' index (PMI) fell further to 49.4 in November, worse than market expectations.On the micro, $MEITUAN-W(03690)$ $MEITUAN(MPNGF)$ $Bilibili Inc.(BILI)$ $BILIBILI-W(09626)$ and other Chinese stocks intensive disclosure of financial results last week, but most of the less than expected, resulting in a plunge in stock prices. Among, Meituan weekly drop of 19.43%, Bilibili for 19.39%!Pessimism is spreading
Weekly Recap | Is There Hope for HK Stocks as Giants Slumped and HSI Hit New Low?
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2023-04-03

HKEX Q1 Reveiw| HSI Rose 3% During the Tug-of-War of Bulls & Bears

Looking back at the beginning of the year, Hong Kong stocks ushered in a good start, the Hang Seng Index $HSI(HSI)$ rose quickly, once approaching the 23000-point mark, the bull market atmosphere was full.However, the index began a series of pullbacks after January 30, even briefly fell below 19000 at one point, setting off a wave of panic. It finally pulled up again at the end of the quarter and edged up 3.13% in the first quarter.Reviewing the trend of Hong Kong stocks in the first quarter, it has continued its rebound since October last year, with the market trading economic recovery logic in advance after the complete lifting of quarantine policies.But subsequent economic data showed that the process of economic recovery was slower than the mar
HKEX Q1 Reveiw| HSI Rose 3% During the Tug-of-War of Bulls & Bears

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