On January 6, the three major indexes of Hong Kong stocks rose at the end of the day, and the heavyweight technology stocks recovered significantly, resulting in the Hang Seng technology index rising 1.37% to 5396.65 points, the Hang Seng index rising 0.72% to 23072.86 points and the national index rising 0.66% to 8068.93 points.
On the disk, the technology stocks that had fallen continuously rebounded collectively. Alibaba rose 5.68%, JD rose more than 4%, meituan rose 3.64%, baidu rose 2%, Xiaomi and Tencent rose more than 1%, and Shangtang rose to 14% in the late trading, with a sharp shock of 28.4%; In the first quarter, the capital construction will be significantly large-scale. Heavy infrastructure stocks, building materials, cement stocks and steel stocks were strong all day, China Aluminum International Engineering Corporation Limited(601068) soared by more than 25%, with the most eye-catching performance; Chinese medicine stocks were active again, and home appliance stocks, haogambling stocks, semiconductor stocks and insurance stocks rose. On the other hand, Hong Kong tightened epidemic prevention measures, the trend of local stocks and catering stocks in Hong Kong was sluggish, and the decline of power, gas and other energy sectors was higher.
Specifically
Traditional Chinese medicine stocks recovered in the afternoon, with Chinese traditional medicine rising by more than 7%, Beijing Tongrentang Co.Ltd(600085) national medicine rising by more than 3%, modern traditional Chinese medicine group rising by more than 4%, Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited(600332) rising by more than 1%.
Heavy infrastructure stocks rose sharply, China Aluminum International Engineering Corporation Limited(601068) rose more than 27%, Metallurgical Corporation Of China Ltd(601618) rose more than 3%, China Railway Construction Corporation Limited(601186) , China Railway Group Limited(601390) rose more than 2%, and China's transportation construction rose more than 1%.
Minsheng Securities said that the economic work in 2022 emphasizes "stability". The market has high hopes for the development of infrastructure investment at the beginning of this year. Policy clues and the market expect that the pace of financial development this year will be ahead, especially in the first quarter. The bank said that the growth rate of infrastructure investment in the first quarter of this year will be significantly higher than that of seasonality, mainly because the amount of financial carry over and special bonds issued in advance is higher than that in previous years. It is estimated that under neutral conditions, the growth rate of infrastructure investment in the first quarter can reach 10%.
Building materials and cement stocks followed the strong trend, with China building materials up more than 5%, China Resources Cement Holdings up more than 4%, Anhui Conch Cement Company Limited(600585) up nearly 3%, Bbmg Corporation(601992) and Asia Cement (China) up more than 1%.
Gambling stocks rose ahead, with Galaxy Entertainment up more than 3%, sands China Co., Ltd. up more than 2%, SJM holdings and MGM China up more than 1%.
Airline stocks fell collectively, Air China Limited(601111) fell more than 2%, and Cathay Pacific fell nearly 2%. China China Southern Airlines Company Limited(600029) , Beijing Capital Airport and China Eastern Airlines fell more than 1%.
According to the news, due to the fact that the crew should be infected with Omicron variant virus, causing community transmission, Cathay Pacific announced on Friday that it would immediately suspend all long-distance cargo flights and cargo only passenger flights until January 6. Cathay Pacific announced the latest flight arrangements. In response to the stricter crew quarantine measures implemented by the Hong Kong government, Cathay Pacific will operate about 20% of the freight capacity and about 2% of the passenger capacity before the epidemic. According to the latest capacity arrangement of Cathay Pacific Airlines, the freight capacity was significantly reduced by 70% compared with that in November, and the passenger capacity was reduced by more than 80%.
Catering stocks generally fell, sipping sipping fell by more than 4%, tea from jiumaojiu, yum China and Naixue fell by more than 2%, and Haidilao fell by more than 1%.
It is expected that Hong Kong's catering industry will lose HK $8 billion in two months. From tomorrow, 15 scheduled places, including bars, will be closed in Hong Kong, and no hall food will be allowed in restaurants after 6 p.m. Huang Jiahe, President of the Hong Kong Catering Association, predicted that if the catering industry continued to close for two months, it would lose 40% of its business and the loss of business volume could reach HK $8 billion. CBRE expects that the tightening of epidemic prevention measures by the Hong Kong government will only have a short impact on catering and some service industries. Hong Kong's catering industry is expected to lose HK $8 billion in two months
Mainland property management stocks continued their decline, with Baolong industry falling more than 4%, Xuhui Yongsheng service and rongchuang service falling more than 3%, Xincheng Yue service, country garden service, Shimao service and Rongxin service falling more than 1%.
Before the decline of green power concept stocks, China Resources Power fell by more than 7%, ENN energy fell by more than 6%, China power, Xinyi energy, Datang new energy and CGN new energy fell by more than 3%, and Longyuan Power, Huaneng Power International Inc(600011) power shares and Huadian Power International Corporation Limited(600027) power shares fell one after another.
Several fine price stocks plummeted collectively. Huasheng International Holdings fell 95%, bang soon Mach fell 93%, capital financial holdings fell 90%, Xianji enterprise group and Hans Energy fell more than 60%, Shoufeng holdings fell more than 30%, authoritative finance fell more than 45%, and a total of 13 shares fell more than 20%. The current share prices of the 13 stocks that have plummeted are below HK $1, and the market value has fallen below HK $600 million.
Individual stock changes
China Aluminum International Engineering Corporation Limited(601068) closed up 27.31% to HK $2.89, with a total market value of HK $8.552 billion; Lithium carbonate quotation set a new record. Today, the lithium extraction plate in Salt Lake continued to rise, China Aluminum International Engineering Corporation Limited(601068) A-Shares closed the daily limit in early trading, and the rise of H shares continued to expand. Although the company previously clarified that the operating revenue of lithium related businesses accounted for a relatively small proportion and did not have a significant impact on the company's performance, the company's share price still rose sharply. In addition, the company's main businesses are engineering design and consulting, engineering and construction contracting, etc. some securities companies pointed out that the capital construction will be significantly increased in the first quarter, and the company will benefit significantly.
Alibaba closed up 5.68% to HK $121, with a total market value of HK $2624.16 billion; On January 4, according to the fourth quarter 13-f document released by Charlie Munger's daily journal Corporation, daily journal increased Alibaba's position by 99%. After the increase, daily journal held 602600 Alibaba shares.
In terms of southward funds, the net inflow of southward funds was HK $3.56 billion, including HK $1.706 billion for Hong Kong stock connect (Shanghai) and HK $1.854 billion for Hong Kong stock connect (Shenzhen).
Looking forward to the future, Citic Securities Company Limited(600030) it is expected that Hong Kong stocks will usher in 20% annual valuation repair, and the second quarter is the best strategic configuration window. It is expected that this year's regulatory normalization plus steady growth policy will drive the Hong Kong stock market to usher in valuation repair. On the one hand, industrial regulatory measures will become clearer, driving the confidence of overseas investors to pick up. In Hong Kong stocks, the "new economy" enterprises represented by science and technology network stocks will still play an important role in the digitization process. After the negative factors are fully reflected, the P / E ratio is expected to have 30% repair space.
On the other hand, after the central economic work conference made clear the direction of steady growth, monetary policy has taken the lead. The introduction of more measures this year will further resolve the risks in the real estate field, promote the overall value revaluation of the large financial industry, and the P / B ratio of the large financial sector of Hong Kong stocks is expected to usher in a rebound of 20%. After digesting the "poor expectation" of the performance at the beginning of the year, it is expected that the strength of the two heavyweight sectors will drive the Hong Kong stock market to usher in an annual valuation repair of 20% from the second quarter of this year.
(gelonghui)
