The market continued to rebound, the trading volume of the main board was slightly enlarged, and the main stock index returned to the 5-day moving average. The three major stock indexes rose slightly after opening high, and then traded in a narrow range. In the afternoon, the volatility of the stock index was limited and the upward trend was maintained. The Hang Seng index is approaching the 22000 integer mark, and the maximum intraday rise of the Hengke index is about 2.6%. As of the close, the Hang Seng Index rose 1.12%, or 242.66 points, to 2192763 points, with a full day turnover of HK $125104 billion; The index of state-owned enterprises rose 1.58% to 751300; The Hang Seng technology index rose 2.52% to 460709.
On the impact of Hang Seng index points: meituan-w (03690) contributed 67.51 points, Tencent Holdings (00700) contributed 45.69 points, alibaba-sw (09988) contributed 37.66 points, and JD group-sw (09618) contributed 21.91 points; In terms of decline, HSBC Holdings (00005) pulled down 8.44 points and Country Garden Service (06098) pulled down 5.80 points.
blue chip performance:
Internet, consumption and medicine led the rise, while hard technology and real estate fell slightly. In the Hang Seng technology index, the Internet led the rise, and JD health (06618) closed up 17.9%.
As of the closing, Ali health (00241) rose 8.26% to HK $5.11; JD group – SW (09618) rose 6.05% to HK $238.40; Meituan-w (03690) rose 5.78% to HK $159.30; Nongnongshan spring (09633) rose 4.60% to HK $39.80; In terms of decline, country garden services (06098) fell 4.86% to HK $31.30; China Overseas Development (00688) fell 2.11% to HK $23.25.
Nongfu Shanquan (09633) released its annual results. CICC commented that it maintained the company’s rating of “outperforming the industry”. Due to the bright performance of the company’s tea drinks, it raised its profit forecast for 2022 / 23 by 3.3% / 3.1% to RMB 7.48/9.37 billion, giving a target price of HK $49.
Huatai Securities Co.Ltd(601688) previously said in the first evaluation report that Ali health (00241) has strong infrastructure and technical capability advantages and is expected to benefit from long-term structural changes. We expect the adjusted net losses of the company on fy22 / 23 / 24 to be 4814 / 1377 / 027 million yuan respectively. Give a “buy” rating.
Ping An Securities said in its Hong Kong stock strategy report on March 28 that in the short term, the advantages of upstream raw materials and downstream marginal consumption benefiting from inflation are prominent and have a strong boom. From the perspective of medium and long-term allocation, most sectors of Hong Kong stocks have been at the bottom of valuation, and excellent leaders in consumption, science and technology, finance and other fields have the value of medium and long-term allocation.
disk sectors and hot spots:
1. Gains were led by sectors such as medical and health, biotechnology, CXO concept, medicine and commerce, food and beverage, transportation and software. As of the close of trading, Ping An Hao doctor (01833) rose 4.75% to HK $20.95; Cinda Biology (01801) rose 6.93% to HK $28.55 Asymchem Laboratories (Tianjin) Co.Ltd(002821) (06821) rose 5.79% to HK $274.00; China Resources medicine (03320) rose 2.99% to HK $4.13; Jiumaojiu (09922) rose 6.13% to HK $15.92 China International Marine Containers (Group) Co.Ltd(000039) (02039) rose 3.54% to HK $12.30; Kingsoft (03888) rose 2.42% to HK $25.40.
Sinolink Securities Co.Ltd(600109) 3 said on March 28 that it would continue to be optimistic about the upstream API sector of the industrial chain and the upstream pharmaceutical supply chain: ① the dual path growth of industrial upgrading and industrial extension of the API sector. It is expected that the profitability of the API sector will continue to be improved in 2022. ② Focus on the investment opportunities in the supply chain during the 14th Five Year Plan period (industrial upgrading + domestic substitution), including subdivided fields such as equipment and equipment, scientific instruments, upstream reagent consumables for scientific research, upstream consumables for pharmaceutical industry and raw and auxiliary material packaging materials.
2. In terms of decline, internal housing and property management, power, communication, building materials, resource stocks and other sectors mainly fell below. As of the close, Jianye real estate (00832) fell 14.81% to HK $0.69; China Resources Power (00836) fell 2.61% to HK $14.18 Zte Corporation(000063) (00763) fell 1.81% to HK $16.28; Asia Cement (00743) fell 6.14% to HK $4.89; China nonferrous metals mining (01258) fell 1.84% to HK $3.73.
Guosen Securities Co.Ltd(002736) in the investment strategy of the real estate industry in April, it said that the current industry fundamentals have not been significantly improved, the sales side is still relatively depressed, and it still takes time for the land market to recover its vitality. We believe that before the land market recovers completely, the pace of policy relaxation will not stop, and there is still much room for policy game. Similar policies issued by Zhengzhou and Harbin will follow in other regions, and real estate stocks are still Beijing Zhidemai Technology Co.Ltd(300785) entering.
For the year ended at 0203, the group’s performance rose slightly by 22.47%; JD health (06618) rose 17.88% to HK $49.45; Yadi Holdings (01585) rose 9.30% to HK $11.52; Time angel (06699) rose 10.21% to HK $126.30; On the other hand, China Liansu (02128) fell 11.51% to HK $8.92; China Jinmao (00817) fell 10.82% to HK $2.06; Master Kong Holdings (00322) fell 5.15% to HK $12.88.
Citigroup said that the performance of Weimeng group (02013) in the second half of last year was generally in line with expectations, and its revenue exceeded the bank’s and market expectations. According to the data of the Hong Kong stock exchange, the company was increased by JPMorgan Chase to hold 9.0275 million shares at an average price of HK $5.2091 per share on the market on March 23. After the increase, JPMorgan’s latest shareholding ratio increased from 7.95% to 8.31%.
other hot stocks:
1. Shanghai Fosun Pharmaceutical (Group) Co.Ltd(600196) (02196) rose significantly to close at HK $39.30, up 8.26%.
In terms of news, Shanghai issued several policies and measures for Shanghai to fight the epidemic and help enterprises promote development, which mentioned supporting the import of covid-19 virus vaccine and therapeutic drugs, guiding and supporting enterprises to participate in the construction of anti epidemic emergency capacity, and making reserve medical resources.
2. Yonghe medical (02279) continued to strengthen, closing at HK $13.46, up 9.25%.
Huachuang Securities said that based on the rapid expansion of Yonghe medical (02279) plan and the rapid growth of medical and solid maintenance business, we slightly increased the company’s revenue and performance.
3. COFCO Jiakang (01610) rose significantly to close at HK $3.55, up 7.58%.
Citic Securities Company Limited(600030) said that COFCO jiajiakang (01610) “buy” rating was maintained, and EPS was predicted to be -0.11/0.59/0.47 yuan per share in 2022 / 23 / 24 (originally predicted to be 0.26/0.78 yuan in 2022 / 23), with a target price of HK $5.6.
4. Sinotrans Limited(601598) (00598) rebounded slightly to close at HK $2.34, up 4.46%.
Recently, Sinotrans Limited(601598) (00598) said that the overall operation is normal. The company is also actively improving its overseas network, and will comprehensively consider mergers and acquisitions in combination with capital status, business development and network layout.
5. Cansino Biologics Inc(688185) bio-b (06185) continued to decline, closing at HK $124.50, down 5.03%.
Sinolink Securities Co.Ltd(600109) said that the sales revenue of Cansino Biologics Inc(688185) bio-b (06185) covid-19 vaccine was lower than expected. Therefore, without considering the increment of overseas sales brought by entering Eul, the net profit attributable to the parent company in 2022 and 2023 is expected to be 310 million yuan and 330 million yuan.
