Smart Finance ADR Statistics | January 25th
On Friday, the three major U.S. stock indices fell, while the HSI ADR rose, closing at 20155.69, an increase of 89.50 points or 0.45% compared to the Hong Kong closing.
Trillions of incremental funds are on the way, is a long-term bull market for A-shares just around the corner? Wall Street anticipates 13 trillion entering the market within three years.
JPMorgan stated that the inflow of funds could reach 13 trillion yuan within three years; the Chinese government is guiding Funds and Insurance companies to increase their investments in the A-share market.
Hong Kong stock fluctuation | The Hengke Index increased by over 3% in the afternoon, Network Technology stocks are all in the green, JD-SW (09618) rose by more than 3%.
In the afternoon, the 恒科 Index rose more than 3%. In terms of constituent stocks, Network Technology stocks all turned positive, with JD-SW (09618) up 3.24% to HKD 156.1; KINGSOFT (03888) rose 3.19% to HKD 35.55.
Nomura: Maintain TENCENT (00700) "Buy" rating with a Target Price of 500 Hong Kong dollars.
Nomura expects that TENCENT (00700) may exceed profit expectations in the fourth quarter of 2024, with total revenue expected to increase by 8% year-on-year.
Open Source Securities: "King of Glory World" has been approved for release, continue to pay attention to the launch of leading new products.
The stable issuance of game licenses and the increase in their quantity are expected to continually improve product supply, driving ongoing growth in the Industry.
Approval Secured for Tencent's Honor of Kings: World and NetEase's Frostpunk: Beyond the Ice
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