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Hong Kong Market Barometer: CPO, PCB, and memory stocks rally in rotation! Are you on the right trai
金融公關(香港)
joined discussion · May 20 10:26

[Xiangjiang Financial Coffee] FPR Capital Markets Morning Briefing 20260520

Hang Seng Index closes up 122 points; CNOOC rises 3%, leading blue chips
The U.S. has postponed its planned attack on Iran originally scheduled for Tuesday, sparking market hopes for a breakthrough in U.S.-Iran negotiations. The Dow stabilized after halting its decline, while the Nasdaq and S&P 500 edged lower. Hong Kong stocks traded mixed but trended upward today. The Hang Seng Index rebounded by nearly 200 points in early trading and fluctuated within a narrow range during the afternoon session, closing up 122 points. The index opened 18 points higher, briefly turned negative by as much as 4 points to an intraday low of 25,671, before bulls stepped in, driving a recovery of up to 170 points to an intraday high of 25,845. It ultimately closed at 25,797, up 122 points or 0.48%. The Hang Seng China Enterprises Index rose 41 points or 0.49% to 8,639, while the Hang Seng Tech Index gained 12 points or 0.26% to 4,857. Total market turnover reached HK$272.166 billion, with net southbound capital inflows of RMB 1.265 billion.
Shanghai Composite ends three-day losing streak, closing up 38 points
April's 'troika' data from mainland China all missed expectations, keeping A-shares soft. The Shanghai Composite Index closed down by 3 points, marking the third consecutive decline. Combined turnover in the two markets shrank by more than 10% to 2.89 trillion yuan (RMB). The Shanghai Composite Index initially rose by up to 10 points or 0.25%, but selling pressure increased in the afternoon, dropping by as much as 26 points or 0.65%, before narrowing losses. The index closed at 4,131 points, down 3 points or 0.09%, with turnover at 1315.084 billion yuan. The Shenzhen Component Index opened down by 96 points, then rebounded on buying interest, turning positive by 96 points or 0.62%, peaking at 15,658 points. However, it lost momentum in the afternoon, failing to rise further. The market softened again, dropping by as much as 142 points or 0.91%, hitting a low of 15,419 points, and closed at 15,530 points, down 31 points or 0.2%, with turnover at 1578.896 billion yuan. The CSI 300 Index closed at 4,833 points, down 26 points or 0.54%; the ChiNext Index closed at 3,914 points, down 14 points or 0.36%.
Hang Seng Index closes up 122 points; CNOOC rises 3%, leading blue chips The U.S. has postponed its planned attack on Iran originally scheduled for Tuesday, sparking market hopes for a breakthrough in U.S.-Iran negotiations. The Dow stabilized after halting its decline, while the Nasdaq and S&P 500 edged lower. Hong Kong stocks traded mixed but trended upward today. The Hang Seng Index rebounded by nearly 200 points in early trading and fluctuated within a narrow range during the afternoon session, closing up 122 points. The index opened 18 points higher, briefly turned negative by as much as 4 points to an intraday low of 25,671, before bulls stepped in, driving a recovery of up to 170 points to an intraday high of 25,845. It ultimately closed at 25,797, up 122 points or 0.48%. The Hang Seng China Enterprises Index rose 41 points or 0.49% to 8,639, while the Hang Seng Tech Index gained 12 points or 0.26% to 4,857. Total market turnover reached HK$272.166 billion, with net southbound capital inflows of RMB 1.265 billion. Shanghai Composite ends three-day losing streak, closing up 38 points China’s April 'three horses' economic data all missed expectations, weighing on A-shares. The Shanghai Composite closed down 3 points, marking its third consecutive loss. Combined turnover in the Shanghai and Shenzhen markets shrank by more than 10% to RMB 2.89 trillion. The Shanghai Composite rose as much as 10 points or 0.25% earlier in the session, but selling pressure intensified in the afternoon, dragging it down by as much as 26 points or 0.65%. The decline narrowed by market close, ending the day at 4,131, down 3 points or 0.09%, with turnover of RMB 1.315084 trillion. The Shenzhen Component Index opened 96 points lower but found buying support, turning positive by 96 points or 0.62% to an intraday high of 15,658. However, momentum faded in the afternoon, pushing the index back into negative territory, with losses widening to as much as 142...
Hang Seng Index closes up 122 points; CNOOC rises 3%, leading blue chips The U.S. has postponed its planned attack on Iran originally scheduled for Tuesday, sparking market hopes for a breakthrough in U.S.-Iran negotiations. The Dow stabilized after halting its decline, while the Nasdaq and S&P 500 edged lower. Hong Kong stocks traded mixed but trended upward today. The Hang Seng Index rebounded by nearly 200 points in early trading and fluctuated within a narrow range during the afternoon session, closing up 122 points. The index opened 18 points higher, briefly turned negative by as much as 4 points to an intraday low of 25,671, before bulls stepped in, driving a recovery of up to 170 points to an intraday high of 25,845. It ultimately closed at 25,797, up 122 points or 0.48%. The Hang Seng China Enterprises Index rose 41 points or 0.49% to 8,639, while the Hang Seng Tech Index gained 12 points or 0.26% to 4,857. Total market turnover reached HK$272.166 billion, with net southbound capital inflows of RMB 1.265 billion. Shanghai Composite ends three-day losing streak, closing up 38 points China’s April 'three horses' economic data all missed expectations, weighing on A-shares. The Shanghai Composite closed down 3 points, marking its third consecutive loss. Combined turnover in the Shanghai and Shenzhen markets shrank by more than 10% to RMB 2.89 trillion. The Shanghai Composite rose as much as 10 points or 0.25% earlier in the session, but selling pressure intensified in the afternoon, dragging it down by as much as 26 points or 0.65%. The decline narrowed by market close, ending the day at 4,131, down 3 points or 0.09%, with turnover of RMB 1.315084 trillion. The Shenzhen Component Index opened 96 points lower but found buying support, turning positive by 96 points or 0.62% to an intraday high of 15,658. However, momentum faded in the afternoon, pushing the index back into negative territory, with losses widening to as much as 142...
Hang Seng Index closes up 122 points; CNOOC rises 3%, leading blue chips The U.S. has postponed its planned attack on Iran originally scheduled for Tuesday, sparking market hopes for a breakthrough in U.S.-Iran negotiations. The Dow stabilized after halting its decline, while the Nasdaq and S&P 500 edged lower. Hong Kong stocks traded mixed but trended upward today. The Hang Seng Index rebounded by nearly 200 points in early trading and fluctuated within a narrow range during the afternoon session, closing up 122 points. The index opened 18 points higher, briefly turned negative by as much as 4 points to an intraday low of 25,671, before bulls stepped in, driving a recovery of up to 170 points to an intraday high of 25,845. It ultimately closed at 25,797, up 122 points or 0.48%. The Hang Seng China Enterprises Index rose 41 points or 0.49% to 8,639, while the Hang Seng Tech Index gained 12 points or 0.26% to 4,857. Total market turnover reached HK$272.166 billion, with net southbound capital inflows of RMB 1.265 billion. Shanghai Composite ends three-day losing streak, closing up 38 points China’s April 'three horses' economic data all missed expectations, weighing on A-shares. The Shanghai Composite closed down 3 points, marking its third consecutive loss. Combined turnover in the Shanghai and Shenzhen markets shrank by more than 10% to RMB 2.89 trillion. The Shanghai Composite rose as much as 10 points or 0.25% earlier in the session, but selling pressure intensified in the afternoon, dragging it down by as much as 26 points or 0.65%. The decline narrowed by market close, ending the day at 4,131, down 3 points or 0.09%, with turnover of RMB 1.315084 trillion. The Shenzhen Component Index opened 96 points lower but found buying support, turning positive by 96 points or 0.62% to an intraday high of 15,658. However, momentum faded in the afternoon, pushing the index back into negative territory, with losses widening to as much as 142...
$HSI (LIST91331.HK)$ $SSE Composite Index (000001.SH)$ $BOC HONG KONG (02388.HK)$ $NEW WORLD DEV (00017.HK)$ $LENS (06613.HK)$
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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