Hong Kong Stock Market Morning Report | AI and other key areas receive renewed attention, DeepSeek becomes the fastest growing AI tool in the Global market.

① The Ministry of Industry and Information Technology will focus on key areas such as AI and critical software, nurturing a batch of platforms for the transformation of innovative achievements. ② DeepSeek's monthly visits exceed ChatGPT. ③ Huawei: Global sales revenue in 2024 is 862.1 billion yuan, with a Net income of 62.6 billion yuan. ④ Li Auto's internal sales target for this year: 0.7 million units for the entire year, with 0.05 million units for pure electric.

cls.cn19:05 ET

After nearly four years, the Fund has once again reduced its shareholding in Semiconductor Manufacturing International Corporation.

① Xin Xin Hong Kong, holding more than 5%, has reduced its shareholding in Semiconductor Manufacturing International Corporation by 11.3 million shares, resulting in a new shareholding ratio of 6.91%; ② Xin Xin Hong Kong is a wholly-owned company of the Fund Phase I, and it has been nearly four years since the last shareholding reduction. The Fund Phase II has not announced a reduction plan since it was released from the ban in July 2021.

cls.cnMar 31 11:14 ET

Express News | Smic Says Xinxin Hongkong Capital Cuts Stake in Co to 6.9% From 7.1% on March 28

ReutersMar 31 07:17 ET

The pattern of "weak performance of the technology stocks" in the Hong Kong stock market is intensifying. What direction will the market take next?

① Currently, the profit growth of Hong Kong stocks mainly relies on the optimization of profit margins in the Technology Sector rather than revenue expansion. Does this imply that the foundation for sustained market growth in the future is relatively weak? ② For the "Adjustment of Technology Positions + Dividend Hedging" strategy proposed by CICC, how should investors balance the conflict between short-term volatility defense and long-term strategy adherence?

cls.cnMar 31 00:00 ET

【Special Contributor V】Deng Shengxing: The weakness in the external environment may drag down the Hong Kong stock market, with the Hang Seng Index expected to struggle around 23,000.

The Hang Seng Index closed at 23,426 points on Friday (28th), down 152 points or 0.6%. The market had a total turnover of 2.296 billion. The National Index fell by 0.8% to 8,606; the Science and Technology Index dropped by 1.5% to 5,506. Tencent (00700) invested 9.7 billion to acquire a 25% stake in French Game Publisher Ubisoft's new subsidiary, ending the day with a slight increase of 0.1%. Gold prices hit a new high, boosting gold mining stocks. Zijin (02899) rose by 1.2%; the three best-performing blue chips this week included HANSOH PHARMA (03692), Vanke Lifestyle (01209), and ENN ENERGY (02688), with weekly increases of 17.4%, 9.4%, and 8% respectively.

Jinwu Financial NewsMar 30 21:52 ET

Products can be indirectly applied to the Metal surface of industrial robots. Robot Concept stocks hit the limit up. This week, Institutions conducted intensive research on related listed companies.

① Anhui Shenjian New Materials released a research summary on Thursday indicating that the downstream of the company's polyester Resin products is the powder coating industry, and powder coatings can be applied to the Metal surfaces of industrial Siasun Robot&Automation. In the secondary market, Anhui Shenjian New Materials reached a daily limit on Thursday. ② A summary of the industries that institutions focused on this week (attached table), the list of listed companies (attached stocks), and the latest research in the Siasun Robot&Automation industry.

cls.cnMar 30 11:14 ET