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Trending Stocks Today: C KINGSTONE RTS Soars 250%
Hong Kong stocks are experiencing fluctuations | Network Technology stocks continue their recent strong performance, Internet Plus-Related leaders maintain their buyback efforts, and Citigroup claims that the market underestimates the Industry's AI invest
Network Technology stocks continue their recent strength, driving the Hang Seng TECH Index up over 5% during the session. As of the time of this report, Bilibili-W (09626) is up 9.17%, priced at 138.1 Hong Kong dollars; MEITUAN-W (03690) is up 5.06%, priced at 149.5 Hong Kong dollars; KUAISHOU-W (01024) is up 4.68%, priced at 43.6 Hong Kong dollars; Tencent (00700) is up 3.07%, priced at 416.6 Hong Kong dollars.
Earnings Reports preview of Chinese Internet Plus-Related giants: E-commerce recovery boosts Alibaba's quarterly performance, video account advertising may drive Tencent's profits beyond expectations, and food delivery supports Meituan's continuous growth
JPMorgan expects that Alibaba will benefit from the recovery in e-commerce GMV and cost control, with profitability likely to improve. Total revenue for the third fiscal quarter is expected to grow by 8% year-on-year, and Taotian Group's adjusted profits are expected to increase by 6% year-on-year. Nomura anticipates that due to strong performance in the gaming business and growth in video account advertising, TENCENT's total revenue in Q4 may also increase by 8% year-on-year. Meituan's total revenue in the fourth quarter is expected to grow by 20% year-on-year to 88.13 billion yuan, while profit is expected to soar 197% year-on-year to 9.45 billion yuan.
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.
Nomura: Maintains Buy rating on MEITUAN-W (03690) with a Target Price of 212 HKD.
Nomura expects that Meituan's revenue in the last quarter will grow by 20% year-on-year, and the non-International Financial Reporting Standards (Non-IFRS) operating profit will increase by 1.97 times year-on-year, both in line with the latest market expectations.
[Trend Tracking] New trends in cultural and tourism Consumer: the transformation and upgrade from 'booming crowds' to 'booming wealth'.
Jinwu Financial News | In 2025, the cultural and tourism consumption market is undergoing unprecedented transformation. With increased policy support and diversified consumer demand, the cultural and tourism industry has not only become an important engine for economic growth but also plays a key role in promoting coordinated regional economic development and enhancing national happiness. This article will explore the path of transformation and upgrading of cultural and tourism consumption from four aspects: policy support, consumption trends, regional synergy, and Technology empowerment. Policy support: A strong engine for cultural and tourism consumption. In recent years, the national government has continuously introduced policies to promote the prosperous development of cultural and tourism consumption. In 2024, the State Council issued 'Opinions on Further Cultivating ... '
