The market remained weak and volatile, with the Hang Seng Index barely closing higher, while the Hengke index recorded five consecutive declines. In early trading, the three major stock indexes briefly rose slightly after opening high, and then the market weakened. In the afternoon, the overall stock index fell mainly, the Hang Seng index once fell below 24000 points, and the Hang Seng Index fell by about 1.5%. As of the closing, the Hang Seng Index rose 0.06%, or 15.07 points, to 24127.85 points, with a full day turnover of HK $114.962 billion; The state-owned enterprise index fell 0.09% to 8441.69 points; The Hang Seng technology index fell 0.98% to 5642.91.
On the impact of HSI points: AIA (01299) contributed 34.73 points, Tencent Holdings (00700) contributed 12.29 points and Country Garden Service (06098) contributed 10.76 points; In terms of decline, Alibaba SW (09988) pulled down 30.88 points, Yaoming Biology (02269) pulled down 15.69 points, and Chuangke industry (00669) pulled down 11.69 points.
blue chip performance:
Blue chips such as housing, finance, oil and gas mainly rose, led by hard technology and automobiles. In the Hang Seng technology index, online services rose against the market, most other stocks fell, and Tongcheng travel (00780) rose 4.7% against the market.
As of the close, country garden (02007) rose 8.28% to HK $6.67; Xinyi Glass (00868) rose 5.33% to HK $20. China Merchants Bank Co.Ltd(600036) (03968) rose 2.05% to HK $64.65. ENN energy (02688) fell 3.22% to HK $129.20; Shunyu optical technology (02382) fell 3.01% to HK $212.80; Yao Mingsheng (02269) fell 2.63% to HK $86.85.
On January 19, the people’s Bank of China launched a 7-day reverse repurchase operation of 100 billion yuan by means of interest rate bidding, with a bid winning interest rate of 2.10%. Today, the 10 billion yuan reverse repurchase expired, so the net investment on that day was 90 billion yuan. This is also the third consecutive day that the central bank carried out 100 billion yuan of reverse repurchase operation.
JD group SW (09618) recently announced that the group has reached a strategic cooperation with Shopify, a leading provider of the world’s top Internet infrastructure. The two sides will give full play to their respective advantages and capabilities in supply chain infrastructure and digital technology to jointly create a more convenient and reliable new cross-border e-commerce channel for businesses.
disk sectors and hot spots:
1. The internal housing and property management group strengthened and became the main force leading the rise. As of the closing, Xuhui Yongsheng service (01995) rose 10.36% to HK $13.00; Xinchengyue service (01755) rose 10.05% to HK $12.92; China Resources Vientiane life (01209) rose 7.38% to HK $37.85; R & F real estate (02777) rose 9.81% to HK $3.47; Xuhui holding group (00884) rose 12.31% to HK $5.20; Shimao Group (00813) rose 11.33% to HK $5.60.
On January 17, the Central Bank of China lowered MLF and reverse repo interest rates, slightly exceeding market expectations. Wanlian Securities pointed out that after the interest rate cut, it is expected that the subsequent 1-year and 5-year LPR will be reduced simultaneously, the loan interest rate (including mortgage interest rate) may decline, and the plight of real estate investment and financing is expected to improve marginally. We can pay attention to the rebound opportunity of the real estate sector.
China Merchants Securities Co.Ltd(600999) pointed out that the “growth maintaining” orientation of the follow-up real estate policy continued to pick up. From the perspective of capital chain, it is expected that the proportion of down payment in some local cities with poor fundamentals and many projects of real estate enterprises at risk may be supported, and the policy of house and loan recognition with improved demand may be optimized to reverse the expectations of residents and creditor’s rights investors. Therefore, China Merchants stressed that under the combination of improved liquidity and low risk appetite, it is still an appropriate choice to underestimate the real estate sector.
2. Power, Chinese funded finance and resource stocks are mainly rising, and some stocks such as mobile games, education and large infrastructure construction are also popular. As of the close, Longyuan Power (00916) rose 3.95% to HK $17.90; Huatai Securities Co.Ltd(601688) (06886) rose 3.63% to HK $13.70; China Property Insurance (02328) rose 2.82% to HK $7.28; Maanshan Iron and steel (00323) rose 6.33% to HK $3.36; China Mobile Games (00302) rose 3.19% to HK $3.23; Hope Education (01765) rose 3.15% to HK $1.31; China building materials (03323) rose 5.06% to HK $10.80; Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) (01157) rose 2.88% to HK $5.71; China Railway Construction Corporation Limited(601186) (01186) rose 2.73% to HK $5.64.
3. On the other hand, covid-19 concept, CXO, traditional Chinese medicine and medical devices are weak as a whole. As of the close, Yunding xinyao-b (01952) fell 8.25% to HK $36.15; Joinn Laboratories (China) Co.Ltd(603127) (06127) fell 3.59% to HK $60.45; Chinese traditional medicine (00570) fell 3.67% to HK $5.51; Aikang medical (01789) fell 4.17% to HK $6.21; Keji pharmaceutical-b (02171) fell 6.69% to HK $23.00; Minimally invasive medical (00853) fell 4.14% to HK $26.65.
4. In addition, most stocks such as semiconductors, electronics and communications, automobiles, software and catering are green. As of the close, Huahong semiconductor (01347) fell 3.32% to HK $40.80; Zte Corporation(000063) (00763) fell 3.01% to HK $22.55; Great Wall Motor Company Limited(601633) (02333) fell 2.17% to HK $24.80; Kingsoft (03888) fell 3.70% to HK $36.40; Sipu Sipu (00520) fell 1.21% to HK $4.89.
other hot change stocks:
1. Geli pharmaceutical-b (01672) rose for several consecutive days, up 22.22% to HK $6.82 as of the close.
GOLLY pharmaceutical-b (01672) announced that the company signed a purchase agreement for ritonavir tablets with Lao pharmaceutical enterprises. GOLLY stressed that the company sells ritonavir oral tablets worldwide. It has the only ritonavir oral tablet approved for marketing through bioequivalence study in China.
2. Country Garden Services (06098) rebounded significantly, up 8.42% to HK $42.50 as of the close.
This week, Country Garden Service (06098) said that the company’s previous performance guidelines were still valid. And stressed that the management of the company has confidence in the operation and will further expand the leading advantage of the company in the industry.
3. China Liansu (02128) rebounded again, up 8.02% to HK $15.08 as of the close.
Tianfeng Securities Co.Ltd(601162) refers to the “buy” rating of China Liansu (02128) for the first time, with a target price of HK $21.08. The leading position of the company in the plastic pipeline industry is stable, the market share is improved, has good continuity, and supports the growth prospect.
4. Wuxi Apptec Co.Ltd(603259) (02359) weakened after pre congratulation. As of the close, it fell 7.35% to HK $122.30.
According to the announcement of Wuxi Apptec Co.Ltd(603259) (02359), the net profit attributable to shareholders of listed companies last year is expected to range from 4.973 billion yuan to 5.032 billion yuan, with a year-on-year increase of 68.0% – 70.0%. Among them, Q4 single quarter revenue increased by 5.2% – 6.6% month on month, and the growth rate slowed down for three consecutive quarters.
5. Only one week later, Aoxing Life Technology (06118) plunged again. As of the close, it fell 68.22% to HK $2.53.
Aoxing Life Technology (06118) dived again in the afternoon, falling nearly 80% in the short term, reaching a minimum of HK $1.88, a new low since December 2017. On January 12, the share price also plunged, once falling by more than 60%. Previously, regulators recognized that the company’s equity was highly concentrated.
