Jinwu Financial News | J.P. Morgan Chase released a research report stating that several important companies are about to announce their results, and the Hong Kong stock market and rotation market have also undergone corresponding changes.
Today, Meituan (03690) will announce its results. The market will focus on the profit prospects of its core business and the narrowing of new business losses. In the past 10 days, Hong Kong Stock Connect (southbound) bought Meituan 0.73 billion, but in the past 5 days, Meituan's good positions had a net outflow of 2.7 million, and a net inflow of short positions was 1.3 million. Related information on rotation securities such as Meituan subscription certificate 27790 and put warrant 28765 is also worth paying attention to.
In addition to Meituan, Pinduoduo (PDD) management said that increased global uncertainty and market competition may affect short-term growth, so it is necessary to pay attention to the performance of Alibaba (09988) in the same industry. Alibaba's subscription certificate is 13866, and the put certificate is 14227. BYD (01211) and Kuaishou (01024) will announce their results on next Monday and Tuesday, respectively. BYD purchase certificate 14554, put order 13837, Kuaishou subscription certificate 25715, and put warrant 14088. In addition, CCB (00939), Bank of China and other domestic banks will also release results next week. CCB subscription certificate 27677, put certificate 13719, and Bank of China subscription certificate 28537.
In terms of capital flows from individual stocks, SMIC (00981), Ideal Auto (02015), Hong Kong Stock Exchange (00388), Meituan, and BYD had outflows, while ICBC (01398), Ping An (02318), Geely (00175), Ali, and Tencent (00700) had good capital inflows. Among them, although the stock price was under pressure after Tencent announced its results, good warehouse receipts recorded a net inflow of over 100 million Hong Kong dollars per day. Tencent's net purchases on Hong Kong Stock Connect (southbound) in the past 10 days, net inflows of 0.18 billion from good positions over the past 5 days, and 17 million net inflows from short positions.
The Hang Seng Index returned more than 500 points last day, technically recovering the gap rising on Tuesday, but good positions still recorded a net inflow of over HK$80 million. Hang Seng Index Bull 57705, Bear 57722. Judging from the changes in the number of bull and bear securities positions in different index regions of the Hang Seng Index, the number of bullish securities increased by 878 in the 24000 to 24199 point range; in the 23600 to 23799 point range, the number of bullish securities increased by 516, etc., reflecting the game of long and short forces in the market at different points.
Overall, the results of many companies are about to be announced, and the Hong Kong stock market and the stock market are showing active performance. Investors should pay close attention to relevant developments and make careful investment decisions.