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The “beef flavor” of Hong Kong stocks is getting stronger! The Hang Seng Index surged this week to welcome its strongest weekly performance in 12 years
The Zhitong Finance App learned that Hong Kong stocks can be described as having experienced a week that shocked the world. The Hang Seng Index is expected to have the best trend performance since 2011. The Hang Seng Index, the benchmark index for the Hong Kong stock market, can be described as having risen sharply since this week. It is expected to achieve a weekly increase of close to 10% at the close of Friday, accompanied by a sharp increase in trading volume and strong momentum. It was mainly stimulated by optimism brought about by strong profits from US tech giants such as Microsoft and Google, as well as a series of favorable news in the Chinese market, including the approval of Tencent games, the extension of Chinese developers' bonds, and the relaxation of Shanghai by the China Securities Regulatory Commission
[Hong Kong Stock Connect] Meituan (03690): May Day Cultural Tourism Reservations Increased by Over 190%
Jinwu Financial News | On April 26, according to data from Meituan (03690), as of April 24, the number of cultural tourism reservations (including scenic spots, accommodation, transportation, etc.) for the May Day holiday increased by more than 190%. Beijing, Shanghai, Chengdu, Chongqing, Xi'an, Changsha, Guangzhou, Wuhan, Nanjing, and Qingdao were the top 10 most popular destinations in the country. In addition to traditional tourist cities continuing to be popular, long-distance travel such as round-trip and outbound tours are popular, while taste buds, travel photography, and finding niche destinations continue to be popular, becoming a popular trend in May Day travel this year.
[Hong Kong Stock Connect] Meituan (03690) plans to launch its international takeout platform in Saudi Arabia's capital Riyadh
Jin Wu Financial News | According to reports, Meituan (03690) plans to launch its international takeout platform in the Saudi capital Riyadh. At a time when growth in the mainland market is slowing, this will be the company's first step outside of Greater China. People familiar with the matter said that Meituan is committed to launching its KeeTA app in the Middle East, and Riyadh will be the first stop. Meituan Exploration has been entering the Middle East market for several months, and is likely to launch as early as the next few months.
Heavy, it's all gone crazy!
A major shift in logic
Trending Industry Today: SENSETIME-W Leads Gains In Weighted Voting Right Stocks
April 24th - The industry of $Weighted Voting Right Stocks(BK1255.HK)$ is trending higher today with 17 constituents up, 1 constituents down and SENSETIME-W leading Gains.$SENSETIME-W(00020.HK)$ surge
CICC 24Q1 Active Equity Fund Analysis: The ratio of Hong Kong stocks showed an increase in the energy and raw materials industries and a significant increase in holdings
In terms of asset allocation, there has been a correction in stock positions, and the Hong Kong stock ratio has shown an increase. In terms of Hong Kong stocks, heavy holdings are concentrated in the IT industry, energy industry, non-essential consumption and healthcare industries. Among them, the energy industry and raw materials industry saw significant increases in 2024Q1.
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