On the first day of March, the market fluctuated steadily, and the trading volume of the main board shrank significantly. After the stock index opened slightly higher in the morning, the shock weakened and traded near the flat price most of the time. In the middle of midday trading, the index rose slightly, and the Hang Seng Index rose about 1% at one time, narrowing its rise in the late trading. As of the closing, the Hang Seng Index rose 0.21%, or 48.69 points, to 2276171 points, with a full day turnover of HK $114971 billion; The index of state-owned enterprises rose 0.36% to 805304; The Hang Seng technology index rose 0.74% to 515569.
On the impact of Hang Seng index points: Tencent Holdings (00700) contributed 40.26 points, Yaoming Biology (02269) contributed 20.71 points, JD group-sw (09618) contributed 9.86 points and meituan-w (03690) contributed 9.50 points; In terms of decline, CLP Holdings (00002) pulled down 7.16 points and Shenzhou International (02313) pulled down 6.54 points.
blue chip performance:
The overall performance was differentiated, with the overall rise of medicine, gambling and the Internet, and the slight adjustment of local blue chip and hard technology in Hong Kong. In the Hang Seng technology index, major component stocks rose and fell, with auto home-s (02518) rising 5.7% to lead.
As of the close, Yaoming biological (02269) rose 4.82% to HK $67. Ruisheng Technology (02018) rose 4.21% to HK $22.30; JD group – SW (09618) rose 3.08% to HK $287.80; In terms of decline, Shenzhou International (02313) fell 2.97% to HK $127.40; CLP Holdings (00002) fell 2.39% to HK $77.65; Shunyu optical technology (02382) fell 2.41% to HK $182.20.
The people’s Bank of China today launched a 7-day reverse repurchase operation of 50 billion yuan in the open market, and the interest rate remained unchanged at 2.1%, realizing a net return of 50 billion yuan in a single day. In order to maintain stable liquidity at the end of the month, the central bank had previously carried out a large reverse repurchase operation of 300 billion yuan for two consecutive days.
Huatai Securities Co.Ltd(601688) commented that the official manufacturing pmi50 in February 2%, up 0.1 percentage points, significantly better than market expectations. In February, most of the PMI fell under the influence of the Spring Festival. This time, the PMI rebounded anti seasonally month on month, strengthening the expectation of economic improvement.
On March 1, Minister of Commerce Wang Wentao said at a special press conference that in the past two months, foreign trade has basically achieved stability, that is, opening the door steadily. “We are also confident to complete the objectives and tasks of the whole year and stabilize the basic market of foreign trade and foreign investment.”
Huaan Securities Co.Ltd(600909) said that the competition in China’s e-commerce industry is becoming increasingly fierce. Consolidating its own advantages and focusing on refined operation will become the key to the competition of major platforms in the next stage. It is suggested to pay attention to the advantages of supply chain and performance experience, highlight the scale effect, and gradually show the leading retail e-commerce leader JD group SW (09618), etc.
disk sectors and hot spots:
1. The sectors such as biology, education and inner room are the leaders. As of the close, oukangweishi biological-b (01477) rose 14.90% to HK $10.18; Keji pharmaceutical-b (02171) rose 7.56% to HK $20.50; Minimally invasive medical (00853) rose 7.87% to HK $23.30; Hope Education (01765) rose 2.53% to HK $0.81; Yuhua Education (06169) rose 4.95% to HK $2.12; Metro Development (01030) rose 6.55% to HK $4.39.
Zhongtai Securities Co.Ltd(600918) said that he was optimistic about medicine, and the market may run through the whole year: grasp the window period of good layout, and pay attention to the catalysis of epidemic situation and oversold rebound. Valuation repair: including the repair of undervalued value, such as API, traditional Chinese medicine, chain pharmacy, specialty preparation, etc; And the high boom track with large adjustment in the early stage, such as cro / cdmo, upstream of life sciences, medical services, vaccines, etc.
Shenwan Hongyuan Group Co.Ltd(000166) said that in view of the recent frequent voices of regulators emphasizing stabilizing the economy, stabilizing growth and preventing and controlling financial risks, while stabilizing the economy is in urgent need of stabilizing real estate, it is expected that the policy restoration at both ends of supply and demand of the real estate industry is expected to accelerate, and will promote the optimization of the industry pattern and further increase the concentration, and high-quality real estate enterprises are expected to usher in a double increase in quantity and quality.
2. In addition, electric vehicles, photovoltaic, daily consumption, electronics, games and so on are popular as a whole. As of the close, ideal car-w (02015) rose 10.63% to HK $121.80; Xinyi energy (03868) rose 5.00% to HK $4.20 Flat Glass Group Co.Ltd(601865) glass (06865) rose 2.48% to HK $33.00 Tsingtao Brewery Company Limited(600600) (00168) rose 4.40% to HK $78.25; China food (00506) rose 4.15% to HK $3.51 Hisense Home Appliances Group Co.Ltd(000921) (00921) rose 2.63% to HK $8.98 Byd Company Limited(002594) Electronics (00285) rose 3.20% to HK $22.60; Heart company (02400) rose 3.38% to HK $26.00.
Dongxing Securities Corporation Limited(601198) said that the trend of upgrading the product structure of the beer industry as a whole and increasing the profit per ton of wine by raising prices and reducing costs has not changed. With the gradual improvement of the epidemic situation, the trend of simultaneous increase in volume and profit of the industry as a whole is expected to remain.
3. In terms of decline, power, resource stocks, civil aviation and semiconductors fell slightly. As of the close, Datang International Power Generation Co.Ltd(601991) (00991) fell 2.60% to HK $1.50 China Molybdenum Co.Ltd(603993) (03993) fell 2.78% to HK $4.55 Ganfeng Lithium Co.Ltd(002460) (01772) fell 1.67 to HK $129.30; CNOOC oilfield services (02883) fell 1.36% to HK $8.72; BOC aviation leasing (02588) fell 3.76% to HK $65.20; Huahong semiconductor (01347) fell 1.36% to HK $39.95; Beijing Capital Airport (00694) fell 1.40% to HK $4.93.
other hot stocks:
1. A decisive breakthrough was made in commercialization. Jiahe bio-b (06998) rose sharply to close at HK $6.14, up 12.66%.
Jiahe bio-b (06998) announced that gb242 infliximab has been approved by nmpa for listing. As the company’s first commercial drug, gb242 will bring more treatment options to Chinese patients.
2. Tengshengbo pharmaceutical-b (02137) continued to rise, closing at HK $16.18, up 10.97%.
UBS predicts that covid-19 neutralizing antibody drugs are expected to bring peak sales of 1.4 billion yuan to tengshengbo drug-b (02137). At the same time, continue to optimistic about the company’s hepatitis B virus, HIV and postpartum depression and other products pipeline, to maintain the “buy” rating.
3. Bubble Mart (09992) was active, closing at HK $41.70, up 6.51%.
Bubble Mart (09992) disclosed that on February 24, the Company repurchased 520000 shares, involving 195423 million yuan of capital; On February 22, it spent HK $4904800 to buy back 127800 shares; On February 21, it spent HK $159141 million to buy back 400000 shares.
4. COFCO Jiakang (01610) rose to close at HK $3.61, up 6.18%.
The national development and Reform Commission said it would immediately start the collection and storage of the central frozen pork reserve with relevant departments and guide all localities to actively collect and store.
5. The loss expanded, and Jingxin communication (02342) fell significantly, closing at HK $1.53, down 19.47%.
Jingxin communication (02342) predicts that the loss attributable to the owners of the parent company will be about HK $590 million for the year ended December 31, 2021, while the loss in the same period in 2020 will be about HK $190 million.
