On February 2, the three major indexes of Hong Kong stocks weakened, and as of **, the Hang Seng Index fell 021%, and the state-owned enterprises index fell 009%, the Hang Seng Tech Index fell 072%。
In terms of sub-sectors, real estate stocks were among the top gainersYuexiu Real Estate (00123.)HK) rose 413%, Longfor Group (00960HK) rose 284%, China Overseas Land & Investment (00688.).HK) rose 173%, Jinhui Holdings (09993.HK) rose 559%。In addition, the property management unit and the building materials and cement stock have been **.
On the news side, recently, Nanning, Chongqing, Chengdu and other places have successively pushed the "white list" of real estate projects to financial institutions to accurately solve the financing needs of real estate development enterprises. Among them, many private enterprises have been included, accounting for a relatively large proportion. Industry insiders believe that with the implementation of more real estate project loan support, the policy effect of supporting project financing will gradually appear, which will help improve the liquidity of real estate enterprises, alleviate the tightening of real estate loans and expand real estate investment, and promote a virtuous cycle of real estate and finance.
Benefiting from multiple market benefits, some game stocks have strengthened againAmong them, Tencent Holdings (00700HK) rose 287%。On the news side, the National Press and Publication Administration released the list of imported online game version numbers in 2024, and a total of 32 games were approved. Among them, Tencent's "Kirby of the Stars: New Star Alliance" and "Taiko Drum Master" are listed.
Construction machinery stocks collectively rushed higherZoomlion (01157.)HK) rose 581%, Trinity International (00631.)HK), China National Heavy Duty Truck (03808HK), Weichai Power (02338HK) and so on. On the news side, a number of leading enterprises in the construction machinery industry have successively announced the announcement of the expected increase in performance in 2023, and the overall rate of the industry is close to seventy. Benefiting from the expansion of overseas markets and the upgrading of product structure and other positive factors, the profitability of downstream machine enterprises has been significantly improved. The agency said that with the strengthening of exports and the "Belt and Road" trend, the growth rate of the construction machinery industry will become more and more obvious.
In addition, power stocks, oil and gas stocks, and ** stocks are all more active, and telecom stocks and 5G concepts are also popular. Among them, Huaneng International Power Co., Ltd. (00902HK) rose 364%, Huadian International Power Co., Ltd. (01071.).HK) rose 194%, PetroChina (00857.).HK) rose 25%。
On the list of decliners, pharmaceutical stocks continued to fall, and pharmaceutical outsourcing concept stocks were among the top decliners. WuXi Biologics (02269.)HK) fell 2066%, Pharmaron (03759.)HK) fell 1057%, GenScript Biotech (01548.)HK) fell 894%；In addition, biomedical concept stocks, Internet medical stocks, and medical beauty concept stocks have also fallen.
Donghai** pointed out that due to the phased cold of global pharmaceutical financing, the revenue growth rate of CXO companies dominated by preclinical CRO and early-stage CMC business has temporarily slowed down, while the revenue growth rate of enterprises dominated by clinical CRO and generic CRO is still bright.
Apple's concept stocks fell across the boardGao Wei Electronics (01415.)HK) fell 41%, Q Technology (01478.).HK) fell 331%, Sunny Optical Technology (02382.)HK) fell 302%。On the news side, Tianfeng International Research Report said that Apple has lowered the 2024 iPhone shipment estimate of upstream key semiconductor components to about 200 million units (a year-on-year decline of 15%). The bank believes that among the world's major mobile phone brands in 2024, Apple may be the one with the largest recession, especially as shipments in the Chinese market continue to decline.
In other aspects, Hong Kong transportation stocks, logistics stocks, domestic insurance stocks, and brokerage stocks also fell first; Beer stocks, catering stocks, tourism stocks, baby products stocks and other stocks also weakened. COSCO SHIPPING Energy (01138.)HK) fell 61%, OOIL International (00316.)HK) fell 408%, Yihai International (01579.)HK) fell 577%, Xiabu Xiabu (00520.HK) fell 576%, China Resources Beer (00291.HK) fell 323%。
Author: Bottle.