KDS JUL4 Forum

Hong Kong stocks rallied significantly, led by technology stocks. $Hang Seng Index(800000.HK)$ once hiked 473 points to a 5-month high of 17,758 in the afternoon, and closed lifting 366 points or 2.1% at 17,651. $Hang Seng China Enterprises Index(800100.HK)$ escalated 149 points or 2.4% to close at 6,269. $Hang Seng TECH Index(800700.HK)$ surged 163 points or 4.6% to close at 3,718. Total turnover for the whole day was $157.242 billion, the highest in th...

$Hang Seng TECH Index(800700.HK)$ climbed 372 points or 2.2% to close at 17,201. $Hang Seng China Enterprises Index(800100.HK)$ gained 145 points or 2.5% to close at 6,100. $Hang Seng TECH Index(800700.HK)$ advanced 124 points or 3.6% to close at 3,573. Total market turnover for the day amounted to $129.584 billion.
$SENSETIME-W(00020.HK)$ rocketed 31.1% before trading in its share halter, following the release of its new AI model, and the stock printed at $0.8 before the suspensio...

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DBS: Kingdee International Software Group Co Ltd – Buy Target Price HK$18.80 - Alpha Edge Investing
$KINGDEE INT'L(00268.HK)$

The Nasdaq fell on its first trading day of 2024, with $Apple(AAPL.US)$ , which was downgraded to "underweight" by Barclays with TP down to US$160, continuing to drop 3.6%. In addition, $NASDAQ Golden Dragon China(.HXC.US)$, which reflects the performance of Chinese ADRs, lost 3.5%.
$Hang Seng TECH Index(800700.HK)$  busted below the 20 and 10MAs to bottom at 3,627, and last at 3,630, down 2.3%. $Hang Seng Index(800000.HK)$ also miss...

There was HKD330.7 million and HKD119.8 million Southbound Trading net inflow to $CHINA MOBILE(00941.HK)$ and $CNOOC(00883.HK)$ .
There was HKD2.7 billion, HKD726.2 million and HKD369.9 million Southbound Trading net outflow from $TENCENT(00700.HK)$ , $TRACKER FUND OF HONG KONG(02800.HK)$ and $KUAISHOU-W(01024.HK)$ .
For $SH->HK Connect(GangGuTong.HK)$ , $CHINA MOBILE(00941.HK)$ was the most active stock with highest net inflow of HKD417.1 mi...

$Hang Seng Index(800000.HK)$ opened 117 pts or 0.6% lower at 18,208. $Hang Seng China Enterprises Index(800100.HK)$ opened 42 pts or 0.7% lower at 6,249. $Hang Seng TECH Index(800700.HK)$ opened 47 pts or 1.1% lower at 4,110.
$BILIBILI-W(09626.HK)$ shed 0.8% at $123 after its adjusted net loss for 2Q narrowed to RMB960 million. $KINGDEE INT'L(00268.HK)$ , with interim loss narrowed to RMB284 million, dipped 0.6% at $12.96.
As to other techs, $BABA-SW(09988.HK)$ sank 0.9% at $89.25...

Accommodative measures launched by the Chinese government have greatly shored up the market confidence and the policy focus on driving digitalization has also offered immense development opportunities for numerous enterprises, $KINGDEE INT'L(00268.HK)$'s president Zhang Yong said at the result press conference. The group remains highly optimistic on the outlook of its domestic business as China emerges from the...

After the high opening of science and technology stocks, their gains generally narrowed.
$BABA-SW(09988.HK)$ rose 2.6% to 98.9 yuan
$TENCENT(00700.HK)$ rose 0.9% to 345.8 yuan
$MEITUAN-W(03690.HK)$ rose 3.6% to 187.9 yuan
$XIAOMI-W(01810.HK)$ rose 0.9% to 11.6 yuan
$JD-SW(09618.HK)$ rose 2.3% to 246.6 yuan
$KUAISHOU-W(01024.HK)$ rose 1.8%
$KINGDEE INT'L(00268.HK)$ and $ALI HEALTH(00241.HK)$ fell 3.6% and 2.2% respectively
$KINGSOFT CLOUD(03896.HK)$ and $CLOUD MUSIC(09899.HK)$ rose ...