On Tuesday, Hong Kong stocks did not follow the adjustment trend of the overnight US stock market. The main indexes opened higher and went higher. Most sectors rose. The Hang Seng technology index rose by more than 5%, and the share price of heavyweight Alibaba rose sharply in the afternoon, rising by more than 12%.
As of press time, Hang Seng technology index rose 5.37%, or 237.37 points, to close at 465370 points; The Hang Seng Index rose 3.15%, or 667.94 points, to close at 2188928; The SOE index rose 4.06%, or 294.07 points, to close at 783855.
Note: Hang Seng technology index
Among the constituent stocks of Hang Seng technology, Alibaba rose 11.2%; Xiaomi group (01810. HK) rose 6.13%; Meituan-w (03690. HK) rose 6.32%; Netease-s (09999. HK) rose 8.49%; JD group SW (09618. HK) rose 6.19%, and the cumulative increase of individual stocks has been close to half of the total increase of the science and technology index (237.37). This move also led to the recovery of market sentiment.
Note: performance of some constituent stocks of Hang Seng technology index
It is noteworthy that the rise of the Hong Kong stock market accelerated in the afternoon, and the sharp rise of Alibaba set up a leading banner for the market. Alibaba announced today to expand the repurchase scale to US $25 billion, which proved to the market that the company is very optimistic about its prospects. At the same time, some institutional analysis pointed out that the repurchase of China concept shares is a rational market choice, or trigger a new round of China concept share repurchase boom.
China International Capital Corporation Limited(601995) predicts that overseas Chinese stocks are expected to achieve double-digit growth in 2021, but we still need to pay attention to the time point of policy force and the impact of supervision on some sectors.
In terms of sectors, in addition to the sharp rise in the Internet sector, oil stocks benefiting from the impact of the overseas situation also performed well, while the previous sharp rise in the biomedicine and gas sectors retook their previous gains.
oil sector maintained its strength throughout the day
In addition to the sharp rise in the technology index represented by the Internet sector, the oil sector rose collectively today, with China National Offshore Oil (00883. HK) and Petrochina Company Limited(601857) shares (00857. HK) rising 4.44% and 4.72% respectively.
In terms of news, EU Member States held a foreign ministers’ meeting at the EU headquarters in Brussels, Belgium, on the 21st local time to discuss overweight sanctions against Russia. Although they failed to reach a consensus on the implementation of an energy embargo against Russia, the news triggered a sharp rise in international oil prices today.
As of press time, Brent crude oil futures and wit crude oil futures fell slightly by 0.65% and 1.03% respectively on Tuesday to US $111.27/barrel and US $108.94/barrel.
biomedicine trend differentiation, covid-19 concept encounters centralized purchase again
The trend of biomedicine sector is divided. Covid-19 concept stocks such as clover bio-b (02197. HK) and geley Pharmaceutical (01672. HK) fell 7.08% and 7.58% respectively today after rising continuously in the early stage, while those without covid-19 concept, Zhaoke ophthalmology-b (06622. HK) and nohuijiankang (06606. HK) Rose 7.85% and 5.88% respectively.
On the news side, the National Medical Insurance Bureau issued a notice to temporarily include covid-19 virus antigen detection reagent and corresponding detection items into the catalogue of basic medical insurance medical service items in the province according to procedures; The newly added nimatovir tablets / ritonavir tablets in the diagnosis and treatment plan (trial version 9) shall be purchased by the medical institution according to the price agreed between the enterprise and relevant departments, and the medical insurance department shall pay according to the regulations. At present, many places have been intensively carrying out the centralized collection of covid-19 antigen detection reagents.
gas sector dragged down by individual stocks
The gas sector, which rose sharply on Monday, was dragged down by some stocks, of which Hong Kong China Gas (00003. HK) and China basic energy (08117. HK) fell 14.11% and 4.11%, while ENN energy (02688. HK) and Xintian green energy (00956. HK) rose 5.66% and 4.87% respectively.
According to the financial report of Hong Kong and China gas, the profit attributable to shareholders of the company in 2021 was HK $5.017 billion, a year-on-year decrease of 16.48%. Citigroup report pointed out that it reiterated its investment rating of “sell” of China gas and reduced the target price from HK $12 to HK $10.8; Credit Suisse lowered the earnings per share forecast of China Gas in the past two years and maintained its underperforming rating; Motong downgraded the rating of China gas to holdings reduction, and the target price was lowered to HK $8.5.
southbound funds
Today’s southward capital maintained a net inflow of HK $1073 million.
market stock news and changes
[Jingcheng electromechanical Co., Ltd. rose nearly 16%, and the medium and long-term plan for the development of China’s hydrogen energy industry is expected to be issued]
Jingcheng electromechanical Co., Ltd. (00187. HK) rose 15.58% to HK $4.08. Some analysts pointed out that the medium and long-term plan for the development of China’s hydrogen energy industry is expected to be released in the near future. According to incomplete statistics, Beijing, Shanghai, Guangzhou, Zhejiang, Jiangsu, Guizhou and Sichuan provinces have issued policies or plans related to hydrogen energy.
[rongchuang services increased by nearly 8% and the net profit is expected to increase by more than 100% year-on-year in 2021]
Rongchuang services (01516. HK) rose 8.37% to HK $5.44. According to the announcement, the profit of the company increased by 100% compared with that of the previous year, which was mainly caused by the increase of the management profit of the group.
[Anta Sports increased by nearly 5% and its annual revenue increased by nearly 40% year-on-year]
Anta sports (02020. HK) rose 4.88% to HK $105.4. According to the financial report of 2021, the company achieved high growth in revenue, of which the company achieved revenue of 49.33 billion yuan, a year-on-year increase of 38.9%;; The profit attributable to shareholders was 7.72 billion yuan, a year-on-year increase of 49.6%.
