Hong Kong stock morning report｜Goldman Sachs states that Global allocation-type funds are increasing their positions in China. Institutions indicate that the logic of Technology reassessment has not changed.
① Yushu Technology has established a new company in Hong Kong. ② Goldman Sachs states that Global allocation funds are increasing their positions in China. ③ The logic for the revaluation of China Technology Assets by Institutions has not changed. ④ The Hong Kong Exchange has added the Thailand Exchange as a recognized securities exchange.
Founder Securities: The attractiveness of Assets in China is expected to continue to improve. In the short-term spring market, it is recommended to pay attention to the opportunity for value growth rebalancing.
Fangzheng Securities released a Research Report stating that overall, the attractiveness of Assets in China is expected to continue improving, which will drive the A-share market to move forward positively.
East Asian Securities: The valuation of Hong Kong Technology stocks still has room for revaluation, raising the Target Price for the Hang Seng Index to 26,000 points.
According to Zhitong Finance APP, Hong Kong stocks have recently significantly outperformed A-shares. Regarding the large gap in the performance of the two, Chan Wai Chung, senior investment strategist at East Asia Securities, pointed out that Hong Kong stocks have a higher weight in Technology stocks, while A-shares are not dominated by Technology stocks, making Hong Kong stocks more beneficial when speculating on the AI Concept.
CICC: It is expected that the Hang Seng Index will range between 23,000 and 24,000 points in the short term, with a focus on stable returns, Technology, going abroad, and new Consumer themes.
The bank states that the best strategy is to "actively Buy when prices are low and take moderate profits when they are high," while also focusing more on structural market trends driven by fundamentals and industry trends.
Hong Kong stock morning report | Institutions say the recent foreign capital inflow is mainly driven by short-term flexible funds. Powell states that there is no urgency to cut interest rates until the impact of Trump's policies becomes clear.
① Putin is reportedly prepared to agree to a conditional ceasefire. ② Powell stated there is no rush to cut interest rates until the impact of Trump's policies is clear. ③ HAITONG SEC mentioned that foreign capital is currently returning to the Chinese market in stages, mainly in a short-term flexible form. ④ FOURTH PARADIGM jointly released the SageOneIA integrated machine with Huawei.
Selected announcements | XIABUXIABU expects a revenue decline of 20% in 2024; Nayuki's Tea expects an adjusted net loss of approximately 0.88 billion yuan to 0.97 billion yuan in 2024.
UNITEDENERGY GP: It is expected to make a profit of 1.4 billion to -1.65 billion HK dollars in 2024, achieving a turnaround from losses compared to the previous year.
