Editor's note:“Monthly Bullish and Bearish Stocks in Hong Kong and the US”The section closely follows market trends, takes stock of the monthly performance of the Hong Kong and US stock markets, helps Niuyou sort through the hot sectors, strong individual stocks, and major news of the month to find profitable investment topics.
The three major indices of the Hong Kong stock market fluctuated and declined this month. As of the close of August 31,The Hang Seng Index fell 8.45% for the month to close at 18382.06 points; the Technology Index fell 8.14% to 4179.49 points; the State-owned Enterprises Index fell 8.22% to close at 6332.42 points.
Guohai Securities's chief overseas strategy analyst pointed out,Currently, Hong Kong stocks are still in the bottoming phase, but some indicators are already at the bottom, which is conducive to Hong Kong stocks stopping falling and recovering.The economy as a whole is still recovering slowly, and the market needs more policy rules and improvements in economic data to boost investor confidence and boost profit expectations.The current level of rebound may not be the strongest during the year, but there may be a chance of a major rebound or reversal in the fourth quarter of this year, so we need to wait for large-scale market conditions after the market has bottomed out.
Looking specifically at it,$MNSO (09896.HK)$,$BYD ELECTRONIC (00285.HK)$,$MAOYAN ENT (01896.HK)$This month's gains were the best, with cumulative increases of 26.14%, 21.57%, and 18.11%, respectively.Other than that, biomedical stocks$HAOHAI BIOTEC (06826.HK)$,$WUXI APPTEC (02359.HK)$As well as consumer stocks$L'OCCITANE (00973.HK)$,$VINDA INT'L (03331.HK)$Equal stocks are on the list one after another.
Good performance continues to ferment!$MNSO (09896.HK)$Strong gains continued this week, with stock prices surging by nearly 145% during the year.
Mingchuang Premium's latest quarterly revenue exceeded 3 billion yuan and reached 3.25 billion yuan for the first time, an increase of 40% over the previous year. Overseas revenue achieved a 42% year-on-year increase. The growth rate of global development is remarkable. Bank of America is optimistic about the company's performance, pointing out that Mingchuang has opened 100 superstores worldwide. Although operating expenses are high, sales efficiency is 2 times higher than normal stores, and its IP strategy also helps improve sales efficiency. The bank raised its target price from HK$46.6 to HK$49.5, maintaining its “buy” rating.
The iPhone 15 series is fixed, superimposed on news of major acquisitions,$BYD ELECTRONIC (00285.HK)$The stock price surged 20% this week.
It was announced that the fall press conference will be held at 1 a.m. on the 13th Beijing time. At that time, the iPhone 15 series will be officially unveiled, driving Apple concept stocks, including BYD Electronics, to rise one after another.
Furthermore, on the 28th of this month, BYD and its holding subsidiary, BYD Electronics announced the acquisition of Czech Singapore. The acquisition amount is about 15.8 billion yuan. It may expand its smartphone parts business and greatly improve its customer and product structure.
The film industry continues to pick up! The agency stated,$MAOYAN ENT (01896.HK)$Headline content has a high level of engagement and will drive the company's long-term growth.
According to data from Lighthouse Pro, as of 17:41 on August 30, the total number of visitors to the 2023 summer program exceeded 502 million, breaking the record for the highest number of summer viewers in Chinese film history. Among them, the films “In an Octagonal Cage” and “Thirty Thousand Miles to Changan”, which were produced with the participation of Cat Eye Entertainment, temporarily ranked in the top five, respectively.
On the other hand, the weakest performing stocks this month are as follows:
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