On February 7, it was reported that the performance of U.S. stocks on Monday was good, and the interest rate on U.S. bonds fell from a high level, driving the market **, and the three major indexes all recorded gains to close. The U.S. dollar trended downward, with the U.S. 10-year bond yield falling back to 409%, while gold and oil prices have risen repeatedly. Yesterday's strong** Hong Kong stocks rose and fell in early trading, and the Hang Seng Science and Technology Index rose more than 2% intraday. As of midday**, the Hang Seng Index fell 007% to 16124At 92 points, the Hang Seng Tech Index fell 083%, the state-owned enterprises index fell 071%。On the disk, core technology stocks are generally **, down more than 2%, Alibaba, Kuaishou fell more than 1%, Tencent, JD.com, Meituan are **, NetEase is red; WuXi Biologics** continued to rise, with WuXi AppTec (603259) and WuXi Biologics rising more than 6%; Catering stocks rose sharply across the board, with Yum China up nearly 15%; Semiconductor stocks fell collectively, due to performance pressure, heavyweight stocks Hua Hong Semiconductor fell more than 9%, SMIC fell more than 6%.
F&B stocks strengthened across the board. On the news side, on February 6, the State Council Information Office held a press conference on protecting the Spring Festival market and promoting holiday consumption. At the meeting, Sheng Qiuping, Vice Minister of Commerce, said at the press conference that the Ministry of Commerce will improve support policies, formulate policies and measures to promote the development of service consumption, and issue policy documents to support the high-quality development of the catering industry. Build a platform carrier, implement actions to improve the quality and quantity of service consumption, and hold activities such as "Service Consumption Season" and "Chinese Food Collection".
Pharmaceutical outsourcing concept stocks**, led by WuXi AppTec and WuXi Biologics. The agency noted that the number of co-sponsors of the Senate version of the US biosecurity draft that was previously proposed to be sanctioned was reduced from 6 to zero. The bill was introduced to the Senate on December 20 last year, but it did not advance in the Senate last week. A similar proposal was submitted to the House of Representatives on Jan. 25, although there are still four supporters. The draft seeks to restrict U.S. federal procurement** of biotechnology equipment and services from WuXi AppTec and BGI (300676). In the United States, lawmakers who sponsor bills can look for co-sponsors to increase the "weight" or popularity of the bill to improve the bill's chances of passing.
Yum China rose nearly 15%, on the news, Yum China announced its fourth-quarter results in the morning, with revenue of 24$900 million, analysts expected 23$300 million; Adjusted earnings per share were 0$25, analysts expected 0$15.
Hua Hong Semiconductor fell more than 9%. On the news, the company announced its results for the fourth quarter of 2023 after trading yesterday, recording a profit attributable to owners of the parent company of 353860,000 yuan (US dollars, the same below), a year-on-year decrease of 981%, a decrease of 1137%。Basic earnings per share was 0021 yuan. In addition, the number of restricted shares placed under the network of the company's A-share initial public offering was 9,990070,000 shares, listed and circulated today.
SMIC fell more than 6%. On the news side, the company announced yesterday that the unaudited annual net profit for 2023 will be 90.2 billion US dollars, compared to 18$1.7 billion, a decrease of 504%。