The list of Hong Kong stocks in August is released! Lifestyle International rose by more than 70%, Jinke Services plummeted by nearly 44%

time:2023-01-28 09:08:54 source:clevelanddrifters.com author:Hot industry
The list of Hong Kong stocks in August is released! Lifestyle International rose by more than 70%, Jinke Services plummeted by nearly 44%

In August, the Hong Kong stock market fell slightly, with the Hang Seng Index down 1%, the China Enterprises Index down 0.3%, and the Hang Seng Technology Index down 1.33%. The top gainers this month were mainly concentrated in the consumer discretionary, information technology and real estate sectors. Lifestyle International (01212.HK) rose by over 70% in the month, ranking first among the gainers. On August 7, the chairman of the board of directors of Lifestyle International proposed to privatize the company at a premium of 62.34%. Affected by this, the company's stock price soared by more than 50% that day. $New Oriental Online (01797.HK)$ rose more than 40% in the month, ranking second in the increase list. On the news, Yin Qiang, executive director of New Oriental Online, said that the three-month GMV of Oriental selection is about 2 billion yuan, and the profit margin is very considerable. Up to now, the number of Douyin platform fans in the live broadcast room of Dongfang Selection has exceeded 25 million, and the downloads of Dongfang Selection’s independent APP are about 200,000. The financial report was gratifying, and many companies continued to rise. $ Shell-W (02423.HK) $, $ Morison International (02155.HK) $ rose more than 30% in the month. Shell's Q2 results exceeded expectations, and Credit Suisse rated it "Outperform" and raised its target price to HK$54; Morimatsu International's interim net profit surged 111.8% year-on-year to 302.5 million; $Swire Corporation B(00087.HK)$ Up more than 22%, the company has turned losses into profits, and its dividend has increased by 15% year-on-year. It plans to spend up to 4 billion yuan to repurchase shares on the market. The semiconductor sector was strong, with $Shanghai Fudan (01385.HK)$ and Solomon Semiconductor (02878.HK)$ both rising by about 30% in the month. On August 9, Biden officially signed the "Chip and Science Act". CICC believes that this move may stimulate countries to accelerate the development of local semiconductor industry chains. Due to the continuous surge in high-temperature electricity consumption, Sichuan, a "big hydropower player", transported coal from other provinces to start the thermal power generation mode, driving the coal stock price higher. All-time high. On the other hand, among the weaker stocks this month, Jinke Real Estate lent $1.5 billion to Jinke Services (09666.HK) to supplement its liquidity. Affected by this news, the share price of Jinke Services plummeted 37% that day, and the market value shrank by 3 billion Hong Kong dollars a day. JPMorgan pointed out that the loan provided to the controlling shareholder is not in line with the core business of the property management company. The bank downgraded Jinke's service rating from "neutral" to "underweight" and lowered the target price to HK$10. Editor/ruby risk reminder: The opinions of the authors or guests shown above have their own specific positions, and investment decisions need to be based on independent thinking. Futu will endeavour but cannot guarantee the accuracy and reliability of the above content, and will not be liable for any loss or damage arising from any inaccuracies or omissions.

(Responsible editor:Education stock)