[Special Offer V] Ye Shangzhi: Continued adjustment of capital flows on the periphery still favors Hong Kong stocks

Jinwu Financial News | On May 2, the Hong Kong stock market continued its upward trend. The Hang Seng Index broke out of an eight-wave upward trend and rose more than 440 points to close at the 18,200 point level. Calculated at the closing price, it was the first time since November 15 last year that it had returned above 18,000 points. The market volume also remained at a high level. Even though the Hong Kong Stock Connect market was suspended, it still recorded close to 120 billion yuan, higher than the daily average of 112.2 billion yuan in April, indicating that Hong Kong stocks are still in the phase of capital inflows. The situation is also favorable for further market expansion. It is beneficial for the market atmosphere to be stimulated and kept warm. The Federal Reserve announced maintenance after meeting

金吾財訊May 2 23:11 ET

Damo: Target price for CNPC (00857) “increase in holdings” rating dropped slightly to HK$7.8

According to Damo, based on CNPC (00857)'s performance in the first quarter of this year, its net profit forecast for 2024 to 2026 was lowered by about 2%.

Zhitong FinanceMay 2 21:37 ET

Trending Stocks Today: GRAND OCEAN AR Soars 47.16%

May 2nd - Hong Kong stocks trending now:Gainers: $GRAND OCEAN AR(00065.HK)$ surges 47.16% to HK$0.16 with a turnover of HK$60.97 million. $SENSETIME-W(00020.HK)$ shoots up 31.14% to HK$1.6 with a turn

moomoo NewsMay 2 02:20 ET

Oil Had Its Worst Day in Months. There Are 3 Reasons

By Avi Salzman U.S. oil prices fell more than they have in months on Wednesday, dropping below $80 per barrel for the first time since March in response to signs of weak demand and an easing of Middl

Barron'sMay 2 00:13 ET

Bank of America Securities: Reiterates COSCO Maritime Holdings (01919) “Buy” Rating Target Price to HK$10.5

Bank of America Securities pointed out that in view of the recent increase in spot freight rates and the impossibility of resuming Red Sea navigation in the short term, COSCO Maritime Control (01919) profits are expected to remain strong for a longer period of time, and the valuation does not reflect the future.

Zhitong FinanceMay 1 22:58 ET

Weichai Power's Q1 Profit Rises 40% as Revenue Jumps

Weichai Power's (SHE:000338, HKG:2338) attributable profit rose 40% to 2.60 billion yuan, or 0.30 yuan per share, in the first quarter, from 1.86 billion yuan, or 0.21 yuan per share, in the year-ago

MT NewswiresMay 1 05:01 ET