Hong Kong stocks opened higher.$恒生科技指數(800700.HK)$opened 51 points or 0.3% higher at 17,336.$國企指數(800100.HK)$opened 26 points or 0.4% higher at 6,146.$恒生科技指數(800700.HK)$opened 14 points or 0.4% higher at 3,568. $中國海洋石油(00883.HK)$elevated 3.8% after it recorded a 24% growth in 1Q24 net profit, while$中海油田服務(02883.HK)$hiked 1% to $8.94 after it recorded an increase of 57% in 1Q24...
Three years ago, the market had higher expectations of EPS growth, which might explain the share price change. The company's performance last year indicates unresolved challenges, as it was worse than the annualised loss of 0.4% over the last half decade.
High share price growth shadowing EPS growth points to greater market faith in the business. Considerable TSR shows dividends played a key role. The recent pullback might be a purchase chance if sustained growth trend is positive. Note that even top stocks can lag temporarily.
The Hong Kong bourse was buoyed by the sharp uptick of Chinese banks and oil stocks.$恒生指數(800000.HK)$, which has once stretched its rise to 272 pts, closed at 20,297, elevating by 247 pts or 1.24%;$國企指數(800100.HK)$thrived 99 pts or 1.47% to close at 6,897;$恒生科技指數(800700.HK)$climbed 18 pts or 0.48% to close at 3,914. The full-day turnover totaled at $108 billion. Chinese banks spearheaded a steep rally of the br...
Spinee樓主 : 恒生指數上漲 1.2%,正在五天連續上漲,達到 11 月以來最高水平。