No Data
The top players in the Technology circle make a scene, is Cambrian suddenly set off by Jensen Huang's hardcore move?
Market Cap 300 billion is just a step away.
Hong Kong stock Concept tracking | The new upward cycle of Semiconductors is expected to accelerate the localization process (with related stocks attached).
The localization of Semiconductors is imperative, and the importance of advanced processes is increasing.
[Brokerage Focus] Goldman Sachs: China’s subsidy policy for the Smart Phone Industry supports growth, paying attention to related supply chain companies.
Jinwu Finance | Goldman Sachs released a research report on China's Smart Phone industry on January 4, 2025. The report pointed out that the National Development and Reform Commission of China announced on January 3 that it will expand the scope of national subsidies in 2025 to cover Smart Phones, tablets, and smartwatches. Previously, local governments had already launched Smart Phone subsidy policies ranging from 10% to 20% in 2024. Goldman Sachs expects that national subsidies will cover more Consumers, thereby boosting recent market demand, although the long-term product cycle still relies on technological upgrades (such as 6G in 2030) or design changes (such as foldable Smart Phones).
Hong Kong stocks have fluctuated | Chip stocks are leading in gains, Consumer Electronics is showing some recovery, and the domestic process of Semiconductors is expected to accelerate.
Chip stocks are among the top gainers. As of the time of writing, ASMPT (00522) is up 5.05%, trading at 76.95 HKD; HUA HONG SEMI (01347) is up 3.11%, trading at 1.66 HKD; Semiconductor Manufacturing International Corporation (00981) is up 2.36%, trading at 30.35 HKD; SHANGHAI FUDAN (01385) is up 1.14%, trading at 14.2 HKD.
Special Contributor David Deng: Due to factors such as geopolitical issues and central bank shareholding, it is advisable to pay attention to Gold Concept stocks.
Jinwu Finance | The Hang Seng Index closed at 19688 on Monday (6th), down 71 points or 0.36%. The total market turnover was 121.6 billion yuan for the day. The National Index closed at 7135, down 0.33%; the Tech Index fell 0.2%, closing at 4395. Domestic dining stocks showed weak performance. NONGFU SPRING (09633) fell 3.4%; the positivity rate of flu virus in mainland China continues to rise, and flu-related stocks are receiving attention. SHANDONG XINHUA (00719) surged 6.2%; the Dow Jones closed at 42706 points on Monday (6th), down 25 points or 0.06%; the S&P 500 rose 0.55%, closing at 5975 points; the NASDAQ soared.
Northern water movement | Northern water net purchases amount to 5.124 billion. Domestic capital continues to favor high dividend central state-owned enterprises, increasing holdings in CHINA MOBILE (00941) by over 0.6 billion Hong Kong dollars.
On January 6th in the Hong Kong stock market, the northbound net capital flow recorded a net purchase of 5.124 billion HKD, among which the SH->HK Connect had a net purchase of 4.357 billion HKD, and the SZ->HK Connect had a net purchase of 0.766 billion HKD.
