Special Contributor 大V: Deng Shengxing: The direction of Hong Kong stocks is unpredictable, it is advisable to focus on defensive stocks.
Hang Seng Index support level: 23600 resistance level: 24800. The Hang Seng Index closed at 24219 on Thursday (20th), down 551 points or 2.2%. The total market turnover for the day reached 294.8 billion yuan. The National Index fell 213 points or 2.3%, ending at 8950. The Technology Index dropped sharply by 204 points or 3.4%, closing at 5836. After Tencent's (00700) earnings announcement, multiple brokerages raised the Target Price, but the stock price fell 3.8% for the day, closing at 519.5 yuan, with turnover reaching 26.157 billion yuan. CSPC PHARMA (01093) rose 2.6% against the trend, being the best-performing blue chip. ALI HEALTH (002...
Can the AI boom driven by Baidu's open-source large models and Tencent's chip purchases in the Hong Kong stock market continue?
① How does Baidu's strategy of freely opening up and planning to open source large models affect its long-term competitiveness in cloud business and ad monetization? ② Tencent's increased procurement of H20 chips to support the implementation of large models, does it mean that the domestic computing power infrastructure still highly relies on overseas supply chains?
How to grasp the main line in a volatile market? Technology and Consumer dual-driven may be key.
Yesterday, the market fluctuated throughout the day, with a single-day transaction volume shrinking by over 200 billion. After experiencing last Friday's significant rise in volume, the Index's decline in volume and retracement is also reasonable, and the subsequent view will still lean towards a fluctuating upward structure.
Alibaba Health Revises Annual Caps and Renews Cloud Services Agreement
Shareholder ALI HEALTH has cumulatively reduced its shareholding by 10.0489 million shares.
Hua Ren Health (301408.SZ) announced that the company's Shareholder ALI HEALTH Technology (China) Co., Ltd. (referred to as "Ali...")
The market rebound has opened a new pattern, with Consumer finance taking turns to make efforts, and Technology stocks may face a restorative opportunity.
Last Friday, the market saw a significant rebound in trading volume, with the Shanghai Composite Index climbing back above 3400 points. After experiencing violent fluctuations in the middle of last week, the market again showed signs of breaking upwards. Although this does not mean that a new round of index-driven market movements will immediately begin, it fundamentally alleviates the concerns over the previous breakdowns, and the subsequent view should still be focused on a structure of oscillation upwards.
