Finance Associated Press, March 4 (edited by Feng Yi).Today's overall performance of Hong Kong stocks was flat, as of **Hang Seng Index rose 0.04%, the Hang Seng Tech Index fell 038%, and the state-owned enterprises index fell 028%。
Let's take a look at today's market hot spots, which are: the concept of AI technology has increased in popularity, and the number of short sellers has increased; The energy sector remains strong, and the biomedical sector is unexpected**; The turmoil in domestic real estate stocks has risen again, and the negative continues to ferment.[The popularity of the concept of AI technology has increased, and the short selling has increased].On the disk, core technology stocks were mixed today, with Meituan up 35% performance was stronger, and NetEase rose 16%, Alibaba fell 12%, JD.com, Tencent lower.
In terms of other hot spots, resource stocks collectively rose, the concept of biomedicine showed a strong **, and sectors such as education, photovoltaics, telecommunications, and military industry all performed. But on the other hand, gaming stocks fell first, and real estate and automobiles were significantly affected by the negative impact.
It is worth noting that the popularity of AI-related concepts has increased significantly today, and Lenovo Group (00992HK), Meitu (01357HK) two companies rose sharply. Behind the implicit market, the expectation of hardware application scenarios such as AI PCs and AI mobile phones has risen, and the semiconductor sector has also followed suit today.On the whole, Hong Kong stocks still maintain the best trend, but the Hang Seng Index traded 1068 todayHK$6.7 billion, with a total short selling amount of 1590.6 billion Hong Kong dollars, short selling funds accounted for 1488%, a significant increase compared to the previous few days.
According to the data, Meituan-W, Li Auto-W, and Alibaba-SW ranked the top three in terms of short selling, with 23 respectivelyHK$300 million, 8HK$2.9 billion, HK$6HK$3.1 billion.
The energy sector remains strong, and the biomedical sector is unexpected**;
Today, driven by multiple positives, energy stocks led the rally strongly throughout the day.
According to reports, OPEC+ extended its ** oil cut until the end of June this year, mainly to avoid the downward pressure on oil prices caused by the global ** surplus, so as to maintain the stability and support of the oil market.
In addition, Yankuang Energy and China Shenhua, the two leading coal stocks, are approaching new highs again after rising sharply today, highlighting that the concept of high interest rates is still one of the main lines in the market. Recently, the controlling shareholders of a number of high-quality coal companies have successively released plans to increase their holdings, which has also played a role in promoting.
Relative to the certainty of high-dividend stocks, WuXi companies rose more than expected today, and drove the biomedical sector**.
According to the data, the U.S. Senate will hold a hearing on Wednesday to discuss the proposed "Biosecurity Act" (S.), which was previously regarded as negative by the market3558), which is worth keeping track of by investors.The turmoil in domestic real estate stocks has risen again, and the negative continues to ferment. **From the point of view, at present, Hong Kong stocks are blooming in many places, and the capital activity is high. However, today's real estate chain is fermenting again, or it may have a certain impact on the world.
Today, Vanke AH shares, a leading real estate company, fell, and many of its real estate bonds ushered in **, 21 Vanke 04 "once fell more than 20%, triggering a temporary suspension of trading during the session. In addition, Vanke's USD bonds due in November 2029 fell the most since October 31, 2022.
Interestingly, not long ago, Link Real Estate ** (00823HK) to about 23800 million yuan acquired a 50% stake in Shanghai Qibao Vanke Plaza from Vanke.
According to the transaction information at that time, as of the end of January 2024, the latest overall valuation of Qibao Vanke Plaza was 70600 million yuan, but the transaction price agreed by the two sides is only 5.2 billion yuan, with a discount of 263%。Vanke's "rushed" asset sell-off has also gradually raised the market's concerns about its liquidity problems.Considering that Vanke's debt problem in the domestic real estate stocks has not been prominent before, a new crisis at this time may trigger a series of chain reactions, which deserves the cautious attention of investors.
Feng Yi).