[Brokerage Focus] Citic Securities: HSCEI welcomes the results of the new round of quarterly reviews on August 16, and it is expected that 19 symbols will enter the Hong Kong Stock Connect.

Jingu Financial News | Citic Securities stated that the Hang Seng Index will undergo a new review on August 16th, and the adjustment will officially take effect on September 9th. The Hong Kong stock connect will also correspondingly adjust. The bank expects to have 19 symbols to be included in the Hong Kong stock connect, of which the technology, optional consumer, and energy sectors have higher market capitalization weight. Broken down by industry, including 5 technology companies: Maipu Times (02556), Quchizhu Group (00917), Zhixing Automotive Technology (01274), Shengneng Group (02459), and Yisou Technology (02550); 3 optional consumer enterprises: Auto Street (02443), ...

金吾財訊Jul 17 02:37 ET

CITIC Securities: Hang Seng Index will welcome a new round of review results, and Alibaba-SW is expected to be included in the Hong Kong Stock Connect.

CITIC Securities released a research report stating that the Hang Seng Index will undergo a new round of review results on August 16, and the adjustment will take effect on September 9. Hong Kong Stock Connect will also be adjusted accordingly. The bank predicts that there will be 20 symbols included in the Hong Kong Stock Connect, among which the information technology, optional consumer, and energy sectors have higher market value weights. If Alibaba-SW (09988) successfully converts to a dual primary listing by the end of August, it may be included in Hong Kong Stock Connect in this review. The bank also recommends investors to pay attention to timing opportunities between the announcement date of the Hang Seng Index and the effective date of the Hong Kong Stock Connect. In addition, due to some arbitrage funds or before the effective date of the Hong Kong Stock Connect

新浪港股Jul 16 21:00 ET

When will the market cap bubble of Maitime (02556), which leverages a turnover of 280 million to drive a market value growth of tens of billions, "pop"?

Due to fierce market competition, reduced enterprise investment, and difficulty in profiting, SaaS companies have performed very poorly in the capital markets in recent years. Taking China Youzan (08083) as a representative SaaS symbol, its stock prices fell by 76.62%, 63.7%, and 26.53% from 2021 to 2023, and after three consecutive years of decline, China Youzan's decline in 2024 exceeded 40%, with a market cap reduced by over 98% from its peak. Against the backdrop of the capital market's obvious cooling attitude towards SaaS companies, a newly listed SaaS company has risen impressively.

Zhitong FinanceJun 16 08:32 ET

Changes in Hong Kong stocks | McFTSE (02556) once rose more than 23% and rose nearly 90% from the offering price

At one point, McFTSE (02556) rose more than 23% to HK$82.8, up more than 89% from the offering price of HK$43.6. As of press release, it rose 20.28% to HK$80.35, with a turnover of HK$24.1417 million.

Zhitong FinanceMay 31 03:02 ET

Changes in Hong Kong stocks | McFTSE (02556) rose more than 7% in the afternoon and 46% from the offering price. The company is the largest marketing and sales SaaS solution provider in China

McFTSE (02556) rose more than 7% in the afternoon, to a high of HK$63.9, up more than 46% from the offering price of HK$43.6. As of press release, it rose 6.97% to HK$63.7, with a turnover of HK$18.519 million.

Zhitong FinanceMay 30 01:58 ET

[IPO] McFTSE (02556) closed at HK$51.65, 18.46% higher than the offering price

Jinwu Financial News | McFTSE (02556) closed at HK$51.65, 18.46% higher than the offering price. It traded 799,500 shares throughout the day, with a turnover of HK$40.2063 million. Each lot earns HK$805 for every 100 shares without handling fees. The stock opened at HK$45 in early trading, which was 3.21% higher than the offering price. At the same time, it was the lowest price of the day. The highest price was HK$56. The latest total market value is HK$12.146 billion.

金吾財訊May 16 04:11 ET