On the last trading day of this week, driven by the contrarian rise of Chinese stocks in U.S. stocks overnight, Hong Kong stocks opened higher and were strong all day, the end of the market rose further, the market sentiment stabilized, and the rise of technology stocks led to a popular atmosphere in the market.
As of the close, the Hang Seng Index rose 2.96%, up nearly 600 points to 2071724; The Hang Seng SOE index closed up 3.22%, up 221.99 points to 712118; The Hang Seng technology index rose 4.74%, up 193.70 points and stood firm at 4200 points.
On the disk, pharmaceutical stocks broke out collectively, and several stocks now rose in double digits. Rongchang biology rose by more than 12%, Cansino Biologics Inc(688185) biology rose by 10%, and Yaoming biology and Hangzhou Tigermed Consulting Co.Ltd(300347) etc. rose by 8%; Heavyweight technology stocks collectively strengthened, with BiliBili up 7%, jd.com up 6%, Alibaba up nearly 6%, Xiaomi up more than 5%, meituan up more than 4% and Tencent up more than 3%; The heavy news was good, and the rise of tobacco concept stocks was gratifying; On the other hand, the interior housing stocks and property management stocks generally fell, but one interior housing stock soared by nearly 110%.
In terms of capital flow, the net inflow of funds going south bucked the trend, with a turnover of HK $1.748 billion and a large market turnover of HK $122.6 billionP align = “center” an announcement triggered a strong rebound p align = “center” this house stock soared by nearly 110%
The share price of real estate enterprise territory holding from Sichuan has really been on the “roller coaster” for nearly two trading days.
On the last trading day (May 19), the territory holdings once fell by more than 90% and closed down by more than 83%, with a market value of less than HK $600 million. Today’s share price suddenly “turned around”. It soared 134% and closed up nearly 110% to HK $1.15/share. The total market value was HK $1181 million, with a market value of more than 500 million compared with yesterday’s “blood return”.
This strong rebound may be due to an announcement issued by the company yesterday. The company announced on the Hong Kong Stock Exchange yesterday that after the territory holding inquiry and the confirmation of the board of directors, it is not aware of any information that needs to be disclosed to avoid the false market of the company’s securities, or any insider information that needs to be disclosed.
Territory Holdings said that the board of directors further confirmed that the operation of the group remained normal and the group continued to carry out business as usual; The controlling shareholders of the company have not pledged the shares of the company, and there are no events that may lead to the change of control of the company.
According to the financial report of 2021 disclosed by territory holdings in April, the operating revenue during the period was 15.05 billion yuan, a year-on-year increase of 14.41%; The net profit was 637 million yuan, a year-on-year decrease of 39.96%; The net profit attributable to the parent company was 488.4 million yuan, a year-on-year decrease of 43.22%.
By the end of 2021, the net debt ratio of territory holding was 62.3%, the asset liability ratio excluding advance receipts was 72.1%, and the cash short debt ratio was 1.25. The above data are not ideal.
In terms of macro policy, the central bank announced today to cut interest rates. According to the latest loan market quotation, the one-year LPR remained unchanged at 3.70%; The five-year LPR was reduced to 4.45%, compared with 4.6%. Relevant industry insiders pointed out that the reduction of LPR has a significant impact on the real estate market. The loose monetary and financial environment is bound to have a positive impact on the real estate market and will play a positive role in reducing the cost of house purchase, development loans and operating loans
It is reported that on May 20, Weilai was officially listed on the Singapore stock exchange with the stock trading code NiO, which also marks that Weilai has officially become the first Chinese enterprise in the world to complete listing in the United States, Hong Kong and Singapore.
Li Bin, founder, chairman and CEO of Weilai, said that listing in Singapore is of great significance to Weilai’s global business development plan. With the help of Singapore’s important strategic position in the global capital market, Weilai has further improved the layout of the global capital market.
The listing in Singapore this time adopts the way of introducing the listing, which is consistent with that in the Hong Kong Stock Exchange earlier, and does not involve the issuance of new shares and fund-raising. Velai’s class A shares listed on the New York stock exchange can be fully converted from its American depositary shares listed on the New York Stock Exchange.
According to the financial information previously disclosed by Weilai, as of February 28, 2022, Weilai had a total of 52.65 billion yuan in cash and cash equivalents, restricted cash and short-term investments.
As of the closing, Weilai SW closed up 9.55% to HK $135.4, with a total market value of HK $229.1 billion.
In addition, the collective strength of automobile concept stocks in Hong Kong stocks. Xiaopeng automobile rose nearly 7%, ideal automobile rose nearly 4%, Yadi holdings rose 3.67%, Byd Company Limited(002594) shares rose 3.47%, and Geely Automobile rose nearly 2%P align = “center” stimulated by the great good news p align = “center” e-cigarette concept leader’s market value returns to 100 billion
Hong Kong stocks of tobacco concept stocks maintained a rising trend, with the leading electronic smoker smother international up more than 8%, and the market value soared by HK $9 billion, successfully returning to HK $100 billion; Huabao international rose more than 7%, Byd Company Limited(002594) electronics rose more than 4%, China Bolton rose 3.24%, and China Tobacco Hong Kong rose more than 1%.
In terms of news, the national e-cigarette retail license was officially released today, and the layout plan of e-cigarette retail points was announced in many places. Recently, 25 provinces, municipalities, autonomous regions and municipalities directly under the central government announced the number of e-cigarette retail licenses in their respective regions.
Previously, on April 25, the State Tobacco Monopoly Administration officially issued several policies and measures on promoting the legalization and standardization of e-cigarette industry (Trial), focusing on (1) adhering to the market price mechanism; (2) Total domestic sales management; (3) Promote industrial clusters; (4) Encourage technological innovation; And (5) the introduction of tax policies. Bring the e-cigarette industry into the regulatory development mode of “combination of market guidance and government regulation”.
