Following yesterday's short diveArcadedancemachineHong Kong stocks rebounded significantly this morning (5.22), with the Hang Seng Technology Index rising more than 1%, Internet leaders collectively uplink, Kuaishou up more than 2%, and Xiaomi Group up 1%.Arcadedancemachine.45%, Tencent Holdings and Meituan both rose nearly 1%. In addition, Alibaba Pictures rose by more than 6%, Oriental selection by more than 4%, and bilibili by nearly 3%.
Heavy positions in Hong Kong stocks Internet leading Hong Kong stocks Internet ETF (513770) floor prices are up 1.03%, less than an hour of trading turnover has been nearly 150 million yuan, trading sentiment is enthusiastic.
Good news, yesterday after-hours JPMorgan Chase released a report, raised the Xiaomi Group's target price for Hong Kong stocks. According to JPMorgan, the gross profit margin of Xiaomi's core business is expected to remain resilient, and the electric car business is expected to accelerate, raising its earnings per share forecasts for this year and next by about 14% and 2%, respectively, while raising Xiaomi's target price from HK $21 to HK $24. It is worth mentioning that Xiaomi will release its quarterly results on Thursday (5.23).
In addition, yesterday, another masterpiece by Hong Kong stock king Tencent Holdings-"Dungeon & Fighter"ArcadedancemachineOrigin ("DNF Mobile Games") has been officially launched, and some organizations expect the game's first-year revenue to reach 5.8 billion yuan. According to Tencent's quarterly report, fueled by seasonal factors and the strong performance of a number of new games, the flow of Tencent Games's local market reached 35.1 billion yuan, an increase of 3% over the same period last year. A number of institutions expect that "Dungeon & Fighter: the Origin" may become a key force in promoting the sustained growth of Tencent Games's market.
The rising pace of Hong Kong stocks was suddenly disrupted yesterday, and the Internet leader went down collectively, fortunately, it was revived today. Looking to the future, Citic Securities said the rebound in Hong Kong stocks was driven by valuation repair after a reversal of three years of pessimistic expectations accumulated by investors. Compared with late January this year, the current liquidity and trading environment of Hong Kong stocks have been significantly improved, and the performance-to-price ratio of valuation and performance matching dimension is still significant.
In terms of layout tools, Hong Kong Internet ETF (513770) tracks the China Securities and Hong Kong Stock Exchange Internet Index (931637). Heavyweights converge different Internet subdivision track leading companies, such as Tencent Holdings, Meituan, Xiaomi Group, Kuaishou, and so on. Among them, positions in Tencent Holdings, Meituan, Xiaomi Group, Kuaishou, JD.com have a health weight of nearly 70%, and the top 10 components weigh more than 80%, with outstanding leading attributes. As of May 13, the average daily turnover of Hong Kong stock Internet ETF (513770) reached 2. 5%.Arcadedancemachine.44 billion yuan, but intra-day trading, good liquidity!
Risk Tip: Hong Kong stocks Internet ETF passively tracks the China Securities and Hong Kong Stock Exchange Internet Index, which is based on 2016.12.30 and released at 2021.1.11, and the composition of the index stocks is timely adjusted in accordance with the rules governing the compilation of the index. In this paper, the index stocks are only displayed, and the individual stocks are not described as any form of investment advice, nor do they represent the position information and trading trends of any fund under the manager. The risk level of the fund assessed by the fund manager is R4-medium-high risk, and the risk level of the fund assessed by the fund manager is R4-medium-high risk, which is suitable for investors of active type (C4) or above. Any information that appears in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, any form of expression, etc.) is for reference only and the investor is responsible for any discretionary investment behavior. In addition, any point of view, analysis and forecast in this article does not constitute any form of investment advice to the reader, nor is it liable for direct or indirect losses arising from the use of the contents of this article. Fund investment is risky, the past performance of the fund does not represent its future performance, and the performance of other funds managed by fund managers does not constitute a guarantee of fund performance, so fund investment should be cautious.