11。2。2026

11/2/2026
Hang Seng Index $Hang Seng Index (800000.HK)$Up 83 points for the day, closing at 27,266 points; auto stocks led gains while semiconductor performance was weak

Mainland China’s January inflation slowed, with the January CPI annual increase easing to 0.2%, below expectations of a 0.4% rise; PPI fell by 1.4% year-on-year, beating expectations of a 1.5% drop. Meanwhile, as the market awaits the US employment data release on Wednesday, the Hang Seng Index rose for the third consecutive day, opening 63 points higher this morning. After dipping to the day's low of 27,133, it rebounded and reached a high of 27,325 points, with an approximate range of 192 points between the high and low. It closed at 27,266 points, up 83 points or 0.31%, remaining above the 27,000-point mark. The total market turnover was about HKD 217.2 billion. The Hang Seng Tech Index closed at 5,499 points, up 48 points or 0.9%, with constituent stock turnover reaching approximately HKD 57.7 billion, accounting for 26.6% of the total market turnover. The Hang Seng China Enterprises Index closed at 9,268 points, up 25 points or 0.28%, with constituent stock turnover reaching approximately HKD 79.8 billion, representing 36.7% of the overall market turnover. Among blue chips, 23 out of 88 constituents declined, with trading volume amounting to approximately HKD 93.2 billion, accounting for about 42.9% of the market’s total turnover.

創科實業($TECHTRONIC IND (00669.HK)$) Rising for three consecutive days, up HKD 5.6 or 4.9%, closing at HKD 119.9, making it the best-performing blue chip of the day. Pop Mart ($POP MART (09992.HK)$) Interrupted its seven-day rising streak, falling HKD 14.8 or 5.49%, closing at HKD 255, becoming the worst-performing blue-chip stock of the day.

According to foreign media reports, the EU has formally accepted Volkswagen China's export price commitment for Chinese-made pure electric vehicles, marking a resolution of the China-EU electric vehicle trade friction in this specific case. The National Development and Reform Commission and the Ministry of Finance announced that the 2026 car replacement policy will continue, leading to a collective rise in auto stocks today. Xiaomi Group ( $XIAOMI-W (01810.HK)$ ) announced it will completely cease production of the first-generation SU7 car. The new generation SU7 will begin arriving in stores for display starting February 13. Xiaomi Auto delivered over 39,000 units in January, becoming the top emerging EV maker in sales for January. Its stock price rose 1.52 yuan or 4.27% during the day, closing at 37.1 yuan. BYD ( $BYD COMPANY (01211.HK)$ ) global car sales surpassed Ford (F) for the first time. Its stock price rose 3.35 yuan or 3.5%, closing at 99.15 yuan. Li Auto ( $LI AUTO-W (02015.HK)$ ) rose for seven consecutive days, gaining 2 yuan or 2.75% during the day, closing at 74.8 yuan.

The National Development and Reform Commission issued an implementation opinion on accelerating the application of artificial intelligence in the bidding and tendering field, keeping AI application concepts active, benefiting some tech stocks. Bilibili ( $BILIBILI-W (09626.HK)$ ) stated that the 'big gaming year' along with AI application promotion is expected to drive high growth in advertising revenue and profits by 2026. Its stock rose 12.4 yuan or 5.16% during the day, closing at 252.8 yuan. Alibaba ( $BABA-W (09988.HK)$ ) released RynnBrain, a foundational large-scale AI model designed to drive robots. By integrating spatiotemporal memory and reasoning capabilities, it enables autonomous task planning and multi-task execution in complex scenarios. Its stock fell 0.4 yuan or 0.25% during the day, closing at 160.1 yuan. Tencent Music ( $TME-SW (01698.HK)$ ) rose 2.95 yuan or 4.64%, closing at 66.5 yuan. SenseTime ( $SENSETIME-W (00020.HK)$ ) and Hesai ( $HESAI-W (02525.HK)$ ) were included in the MSCI China Index. SenseTime rose 0.07 yuan or 2.87%, closing at 2.51 yuan. Hesai rose 15.8 yuan or 7.89%, closing at 216 yuan.

The government plans to issue stablecoin licenses starting next month, with stablecoin-related stocks showing strong performance in the afternoon. Lion Tamer Holdings $SYNAGISTICS (02562.HK)$ rose $1.15 or 38.72%, closing at $4.12; CR Holdings $CR HOLDINGS (01911.HK)$ increased by $0.47 or 11.01%, closing at $4.74; LianLian Digital $LIANLIAN (02598.HK)$ gained $0.59 or 8.99%, closing at $7.15.

Gold prices rebounded, with spot gold rising above $5,090. Gold stocks climbed, Zijin Gold International $ZIJIN GOLD INTL (02259.HK)$ surged $19 or 9.06%, closing at $228.8; Lingbao Gold $LINGBAO GOLD (03330.HK)$ jumped $1.82 or 7.75%, closing at $25.3, and Chifeng Gold $CHIFENG GOLD (06693.HK)$ rose $2.12 or 5.95%, closing at $37.76.

Driven by geopolitical tensions and heightened market risk aversion, the spot price of gold has surged over 76% in the past year, hitting a historical high of $5,595 per ounce before experiencing some pullback. Apart from individual stocks, investors optimistic about gold's trend may also consider the Southern Gold Bull 2x ETF $CSOP Gold Futures Daily (2x) Leveraged Product (07299.HK)$ which rose $0.32 or 0.93%, closing at $34.76, delivering a year-to-date price return of 15.07%. This ETF is a leveraged ETF designed to track twice the daily increase of the gold futures index, with an annual management fee currently at 1.50% of net asset value. Investors should note that ETFs carry leverage, leading to higher stock price volatility. Gold ETFs may not fully track gold prices due to management fees or market factors, potentially causing tracking errors, making them suitable for short-term trading investors.

The semiconductor sector is weak. SMIC $SMIC (00981.HK)$ reported Q4 net profit attributable to shareholders of $173 million, a year-on-year increase of 60.66%, but below expectations. The gross margin was 19.2%, also below expectations. The stock price fell by 1.55 yuan or 2.17%, closing at 70 yuan. Hua Hong Semiconductor $HUA HONG SEMI (01347.HK)$ received approval for the issuance of nearly 8.3 billion yuan in A-shares to acquire Huali. The stock price dropped by 1.7 yuan or 1.68%, closing at 99.6 yuan.

Explosive growth in demand for AI servers has led analysts to predict that between 2026 and 2027, the global memory market will experience one of the most severe supply shortages in history. Supply-demand gaps for the three major categories—DRAM, NAND, and HBM—are expected to widen significantly. DRAM undersupply is projected to reach 4.9% in 2026 and 2.5% in 2027, far exceeding previous estimates of 3.3% and 1.1%, marking the most serious shortage in 15 years. SK Hynix, the South Korean company and a global giant in memory chips, has seen its market value soar by 340% over the past year. Deeply tied to both NVIDIA and Microsoft, it has captured more than half of the global HBM market share, surpassing Samsung in market share and Taiwan Semiconductor in profitability. Investors optimistic about SK Hynix’s future performance may want to consider the Southern Two-Times Leveraged Hynix ETF $CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK)$ , the world's only leveraged ETF tracking SK Hynix. It fell 0.82 yuan or 2.97% today, closing at 26.78 yuan. The management fee is 1.6% of the fund’s annual net asset value. Investors should note that the ETF is leveraged, meaning higher stock price volatility, and may not fully track the stock price due to management fees or market factors, potentially causing tracking errors. It is suitable for investors bullish on the memory sector.

@孫子的末代傳人 @中戶變大戶小牛變大牛 @股海GSO

@搞活动的牛牛 @搞技术的牛牛 @慢慢变富的牛牛 @牛牛新股君 @牛牛帶路 @牛牛迎新学姐 @牛牛课代表 @牛牛推荐官俱乐部 @玩賺牛牛 @小歡牛牛 @今日熱門

309K Views