Capital trends | Northbound capital heavily purchased Hong Kong stocks for nearly 8.5 billion Hong Kong dollars, significantly increasing positions in Semiconductor Manufacturing International Corporation by nearly 1.4 billion Hong Kong dollars.

Track the latest dynamics of southbound capital.

Gelonghui FinanceDec 27 05:35 ET

[Brokerage Focus] Open Source Securities upgraded WEIMOB INC (02013) to a "Buy" rating, expecting that leading service providers will be the first to benefit from the improvement of the WeChat e-commerce ecosystem.

Jinwu Financial News | Kiyuan Securities released a Research Report stating that Weimeng is the first to integrate mini programs into WeChat Stores, helping merchants achieve a connection between mini programs and WeChat Stores. The firm believes that Weimeng, as an important service provider in the Tencent ecosystem, is expected to enjoy structural dividends. In the future, as C-end users develop their consumption mindset in WeChat, and B-end merchants continue to join the WeChat ecosystem, the integration of public and private WeChat traffic, along with the continued improvement of the transaction ecosystem, is expected to bring in new Saas customers. Furthermore, the company is expected to enhance customer value through comprehensive services such as product screening and advertising placement. The firm indicated that Weimeng is the first to integrate mini programs into WeChat Stores, and as the WeChat e-commerce ecosystem improves in the future, Weimeng...

Jinwu Financial NewsDec 27 02:49 ET

Market Movements | WEIMOB INC soared over 11%, having accumulated more than a 130% increase in the last 5 trading days.

Open-source Securities released a research report stating that WEIMOB INC has taken the lead in connecting mini-programs to WeChat small stores. As the WeChat e-commerce ecosystem improves in the future, WEIMOB INC, as a top service provider within the Tencent ecosystem, is expected to benefit first. The firm maintained its revenue forecast for the company for 2024-2026 at 1.81/2.11/2.39 billion yuan. The company is actively scaling back its small and medium customer business, while the gross income from its advertising business continues to grow, and as a top service provider in the Tencent ecosystem, it is expected to be among the first to benefit from the gradual improvement of the WeChat trade ecosystem.

Zhitong FinanceDec 26 20:38 ET

Bank stocks have surged for several consecutive days, and the Hang Seng Index has recovered to 20,000 points. Bullish Signals from the fiscal side are favorable for the continuation of the rebound | Hong Kong stock barometer.

① The Hang Seng Index stands above the 20,000-point mark; why is it so strong in the short term? ② The fiscal side releases Bullish Signals; can it help sustain the rebound?

cls.cnDec 24 08:27 ET

Capital trends | Northbound funds have continuously purchased over 1.9 billion HKD of Industrial And Commercial Bank Of China for two consecutive days, and have increased their positions in Weimob for four consecutive days.

Today's net Buy of Hong Kong stocks is 5.227 billion HK dollars.

Gelonghui FinanceDec 24 05:13 ET

Major institutions rating丨HAITONG INT'L: WeChat Mini Stores have become an important closed loop in the WeChat e-commerce ecosystem. It is recommended to pay attention to Hangzhou Raycloud Technology Co.,Ltd, Weimeng, and Youzan.

HAITONG INT'L recently released a report stating that the "gift-giving" feature launched by WeChat, which is owned by Tencent, simplifies the gift-giving process and creates new growth channels for businesses. The institution believes that for users, the gift-giving feature is strongly social in nature and significantly enhances the convenience of giving gifts; for businesses, this feature broadens sales channels, increases visibility and success rates, and has a low entry barrier for merchants. HAITONG INT'L pointed out that e-commerce Saas (Software as a Service) and AI technology have rich application scenarios and growth potential. E-commerce Saas can serve the entire range of e-commerce scenarios and full chain businesses, including Commodity and store management, customer service.

Gelonghui FinanceDec 24 02:47 ET