Futu Information on August 31 | the three major indexes rose collectively. At one point, the Hang Seng Index rose again to 20,000 points. In the afternoon, the Hang Seng Index fell back and closed up 0.03%. The Hang Seng Index closed up 1.09%, and the State-owned Enterprises Index closed up 0.36%.

As of the close, Hong Kong stocks rose 869, fell 968, and closed flat at 1068.

The specific industry performance is shown below:

On the plate side, most of the science and Internet stocks rose.The moving card rose by more than 17%, Baidu, Inc. fell by more than 3%, Meituan by more than 2%, NetEase, Inc by more than 2%, Bilibili Inc. by nearly 1%, Kuaishou Technology by more than 1%, Tencent by more than 1%, BABA by nearly 1% and JD.com by 0.08%.

Catering stocks strengthenQuack feeding rose by more than 9%, Haidilao International Holding by more than 6%, Nai Xue's tea by more than 3%, and Tan Tsai International by more than 3%.

Sporting goods stocks rose generallyXtep International rose by more than 4%, Li Ning Co. Ltd. by nearly 4%, Bosideng International by more than 2%, and ANTA Sports Products by more than 1%.

Property management stock pull upYashi rose by more than 7%, Poly property by more than 6%, China Shipping property by nearly 6%, China Resources Mixc Lifestyle Services by more than 5% and Country Garden Services Holdings by more than 2%.

Pharmaceutical stocks reboundedTigermed rose by more than 6%, Pharmaron Beijing Co., Ltd.* by more than 3%, CSPC Pharmaceutical by nearly 3%, Wuxi Apptec by more than 2% and INNOVENT BIO by more than 2%.

Automobile stocks led the decline.Byd Company Limited is down nearly 8%, Guangzhou Automobile Group is down nearly 4%, Great Wall Motor is down more than 2%, and Geely Automobile is down more than 2%.

Lithium battery stocks tumbledChaowei Power fell by more than 6%, Ganfeng Lithium by nearly 4%, Tianqi Lithium Industry by more than 2%, and Tianneng Power by nearly 1%.

Other aspectsHome appliances, gambling, mobile games, medical beauty and other plates rose, while coal, wind power, oil and other plates fell.

Individual stocks$XTEP INT'L (01368.HK)$It's up more than 4%.Institutions pointed out that according to the public results of various companies, the Hong Kong stock sports leaders still performed well from July to August. Anta brand unit growth, FILA brand double-digit growth, Li Ning Co. Ltd. middle double-digit growth, Xtep flow growth of 25% in July, 30% in August, and about 30% in August, it is optimistic that the industry boom will rise from July to August.

$Haidilao International Holding (06862.HK)$It's up more than 6%.On the news side, the company issued an interim results announcement last night, with revenue of 16.764 billion yuan in the first half, compared with 20.094 billion yuan in the same period last year, with a net loss of 266 million yuan and a net profit of 94.529 million yuan in the same period last year. The medium-term profit turned to a loss, but it was lower than the maximum loss estimated by the company in mid-August, which was 297 million yuan.

$Yeahka Limited (09923.HK)$It rose by more than 17%.On the news side, the company reported yesterday that in the six months to June 30, 2022, revenue was 1.642 billion yuan, up 17.07% from a year earlier, and gross profit was 529 million yuan, up 52.05% from a year earlier. Despite repeated domestic outbreaks, the company's GPV grew by 7.4% year-on-year to about 1.06 trillion yuan. The number of active payment merchants using one-stop payment services increased by 24.1% year-on-year to about 7.6 million, a record high.

$China Overseas Property (02669.HK)$Up nearly 6%.On the news side, China Shipping property released its first-half results, with income of HK $5.814 billion during the period, up 35.34% over the same period last year, and profit attributable to shareholders of HK $522 million, up 32.72% from the same period last year. The increase in income was mainly due to the increase in the area under management, the growth of non-household and household value-added services, and the continued increase in sales of parking spaces.

$Tigermed (03347.HK)$It's up more than 6%.Industry insiders said that in the long run, the growth of pharmaceutical R & D investment and the improvement of R & D outsourcing rate led to the expansion of CXO industry, and the improvement of domestic innovative drug R & D environment was conducive to the development of upstream CXO enterprises.

Hong Kong stock exchange fund

As for Hong Kong Stock Connect, there was a net inflow of HK $393 million from Hong Kong Stock Connect (southbound) today.

Today's turnover of Hong Kong shares TOP20

Message side:

China Petroleum & Chemical Corp: the first community super charging station was put into operation

The Lotus Super charging Station, the country's first community supercharging station for China Petroleum & Chemical, has been built and put into operation in Longyan City, Fujian Province, the China Petroleum & Chemical Information Office learned. The project has a planned area of about 4800 square meters and can recharge 24 vehicles at the same time, integrating refueling, charging, photovoltaic, rest, etc., an ordinary family car that can be filled with a range of about 400km in 25 minutes at the earliest, and is expected to have an average annual charging capacity of about 3 million kilowatt-hours. Help energy green and low-carbon transformation.

China-Shanghai Association: the net profit of listed companies in the first half of the year was 3.25 trillion yuan, an increase of 3.19% over the same period last year.

The China Association of listed companies released the semi-annual report on the operating results of Chinese listed companies KuaiBao in 2022. As of August 31, 4825 listed companies on the Shanghai, Shenzhen and North stock exchanges have disclosed their 2022 semi-annual reports. According to the data, the total revenue of listed companies reached 34.54 trillion yuan, an increase of 9.24% over the same period last year. The net profit was 3.25 trillion yuan, an increase of 3.19% over the same period last year, and the growth rates in the first and second quarters were 5.49% and 1.16%, respectively.

Ministry of Industry and Information Technology: to support the listing and financing of more qualified high-quality small and medium-sized enterprises

"the fourth batch of enterprises specializing in the new 'Little Giant' have declared very enthusiastically, with a total of 13000 enterprises applying, which have been publicized by the provincial preliminary examination and the Ministry of Industry and Information Technology. Liang Zhifeng, director of the small and medium Enterprises Bureau of the Ministry of Industry and Information Technology, said at the third press conference of the "Development of Industry and Informatization in the New era" held by the Ministry of Industry and Information Technology on August 30 that among the more than 4300 enterprises publicized, medium-sized enterprises accounted for 44%. Small and micro enterprises accounted for 56%; in terms of types, private enterprises accounted for 84%, state-owned enterprises accounted for 9%, and joint ventures and foreign-funded enterprises accounted for 7%.

Institutional viewpoint:

Goldman Sachs Group: downgrade$BIDU-SW (09888.HK)$Target price to 202 yuan, rating "buy"

Goldman Sachs Group published a research report that Baidu, Inc. 's second-quarter income was in line with expectations, but driven by strong growth in its core business and its iQIYI, Inc., quarterly earnings exceeded expectations, and average diluted earnings per share under non-general accounting standards were 38 per cent higher than the bank's forecasts. Goldman Sachs Group pointed out that Baidu, Inc. 's gross profit margin continued to rise paving the way for core profits to grow in the third quarter and the advertising business recovered significantly in August and is expected to be flat year-on-year in the third quarter. During the period, cloud business revenue grew by 31%, far from the performance of peers, which fell 6% to 10%. It is expected that the business will continue to accelerate in the second half of the year. Goldman Sachs Group kept his 2022 income forecast roughly unchanged, reducing the group's overall income forecast for 2023-2024 by 2% to 5%, but raising the non-GAAP net profit forecast for the period by 2% to 4%, lowering the target price from 207yuan to 202yuan. The "buy" rating is maintained corresponding to 22.7 times forecast price-to-earnings ratio in 2023.

Daiwa:$BYD COMPANY (01211.HK)$The short-term share price is under pressure by the Pakistan County reduction, but it is still optimistic in the long term, raising the target price to HK $380.

Daiwa issued a report that the US god Warren Buffett's investment flagship Ba County declared a reduction in BYD H shares on August 24, reducing its shareholding to 19.92%. It is believed that this reduction will put pressure on BYD's short-term share price. However, the bank pointed out that BYD's long-term outlook remained positive, maintained its "buy" rating, and raised its target price from 350 yuan to 380 yuan, which is expected to benefit from the continued improvement in demand and profitability for new energy vehicles.

Credit Suisse: downgrade$COUNTRY GARDEN (02007.HK)$The target price is 3.73 yuan, with a rating of "outperforming the market".

Credit Suisse issued a report saying that Country Garden Holdings's gross profit margin fell unexpectedly in the first half of 2022, cutting its profit forecast for 2022-2024 by 38 per cent, net asset value forecast by 28 per cent, and the discount rate of net asset value from 40 per cent to 60 per cent. Cut the target price from 7.8 yuan to 3.73 yuan, maintaining the rating "outperform the market".

Leon: health$CIFI HOLD GP (00884.HK)$Rated to "outperform the big market", the target price was lowered to 2.58 yuan

Lyon published a research report that Xuhui's basic profit in the first half of the year fell by 45.6% year-on-year, mainly due to a decline in property sales income and an increase in impairment losses during the period. Through strict cash outflow controls and new financing, the bank expects Xuhui to maintain a healthy balance sheet and operating cash flow, but given that the fundamentals of the mainland property market are still challenging, sales are not expected to recover unless there is a massive demand stimulus. As a result, Lyon cut Xuhui's profit forecast for 2022-2024 by 31.9%, 26.3% and 24% to reflect slowing growth prospects and declining profit margins in non-core areas. The target price was lowered to 2.58 yuan from 5.67 yuan, and the rating was downgraded from "buy" to "outperform the big market".