The Hang Seng Index closed down 384 points with a net outflow of 7.4 billion yuan from Northbound funds. The storage concept stocks continued to perform strongly. South Korea's top two stocks kept breaking new highs; investors may consider doubling up on Samsung Electronics and SK Hynix.

US stocks rose for two consecutive days, while in the Asia-Pacific region, Japan, South Korea, and Taiwan markets continued upward. However, Hong Kong stocks showed more fluctuations. The Hang Seng Index opened high but moved lower, initially opening 254 points higher and hitting an intraday high of 27,024. It then declined continuously, with losses widening. Although there was some stabilization before noon, declines expanded again in the afternoon, hitting a low of 26,373 just before closing. The intraday trading range was nearly 651 points, breaking below the 50-day moving average. The index closed at 26,381, down 384 points or 1.44%, with turnover at 259.2 billion HKD. The Hang Seng Tech Index remained weak, hitting an eight-month low, closing at 5,109, down 151 points or 2.9%, with a turnover of 67.3 billion HKD. The China Enterprises Index closed at 8,814, down 220 points or 2.4%, with turnover of 89.3 billion HKD. Only 17 blue chips gained, with total turnover amounting to 113 billion HKD. Northbound funds recorded a net outflow for the second consecutive day, with a net outflow of 7.4 billion HKD.

CK Hutchison Group has finalized the sale of its entire stake in UK Power Networks (UKPN), a British power distribution network operator, to French energy giant Engie for HKD 110.7 billion. The proceeds will be used to seek new investment or acquisition opportunities as well as for general working capital purposes. CK Hutchison Group collectively rose at the market open, becoming one of the best-performing blue chips today, including CK Hutchison Holdings.$CKH HOLDINGS (00001.HK)$Up 2.8 HKD or 4.52%, trading at 67 HKD; Cheung Kong Infrastructure$CKI HOLDINGS (01038.HK)$Up 2.9 HKD or 4.52%, trading at 67 HKD; HK Electric Investments (0006) up 2.3 HKD or 3.75%, trading at 63.6 HKD; Cheung Kong Property$CK ASSET (01113.HK)$Up 1.42 HKD or 3.04%, trading at 48.06 HKD. Zhongsheng Group$ZHONGSHENG HLDG (00881.HK)$ Dropped by 1.25 yuan or 10.75%, becoming the worst-performing blue-chip stock, closing at 10.37 yuan, a 10-month low.

HKEX $HKEX (00388.HK)$ Announced its annual results, stating that it benefited from robust stock market turnover and a hot IPO market. Last year's profit increased by 36% year-on-year to 17.8 billion yuan, surpassing expectations. Revenue and other income rose 32% to 27.1 billion yuan. Both profit and revenue hit record highs for the second consecutive year. A second dividend of 6.52 yuan per share was declared, up 33% year-on-year, with the full-year dividend increasing by 35% to 12.52 yuan, maintaining a 90% payout ratio. The stock price turned positive in the afternoon, rising 3.2 yuan or 0.78% for the day to close at 415.4 yuan. HSBC... $HSBC HOLDINGS (00005.HK)$ Achieved impressive results, with the stock price rising again today to a high of 148 yuan, breaking its previous peak. The gains narrowed in the afternoon, ending the day up 2.3 yuan or 1.61% at 145 yuan.

Tech stocks underperformed the broader market again, with Baidu... $BIDU-SW (09888.HK)$ Announced its results after the market close. Last year’s net profit fell 76% year-on-year, while adjusted earnings declined 30%. Its stock price dropped 5.5 yuan or 4.27% pre-results to close at 123.4 yuan. Alibaba... $BABA-W (09988.HK)$ Fell 5.3 yuan or 3.57% to 143 yuan; Meituan... $MEITUAN-W (03690.HK)$ Declined 2.25 yuan or 2.72% to 80.45 yuan; JD.com... $JD-SW (09618.HK)$ Dropped 2.8 yuan or 2.62% to 104 yuan; Tencent... $TENCENT (00700.HK)$ Fell 10.5 yuan or 2.01% to 512 yuan; Xiaomi Group (1810) dropped 0.42 yuan or 1.18% to 35.18 yuan.

Insurance stocks continued their correction, with Ping An... $PING AN (02318.HK)$ Dropped by 3.3 yuan or 4.64%, trading at 67.85 yuan, China Life $CHINA LIFE (02628.HK)$ Dropped by 1.34 yuan or 4.1%, trading at 31.38 yuan. Similarly adjusted were the biotech sectors, including Wuxi Bio $WUXI BIO (02269.HK)$ Dropped by 3.08 yuan or 7.45%, trading at 38.28 yuan, Wuxi Apptec $WUXI APPTEC (02359.HK)$ Dropped by 5.6 yuan or 4.63%, trading at 115.3 yuan; CSPC Pharma $CSPC PHARMA (01093.HK)$ Dropped by 0.45 yuan or 4.5%, trading at 9.54 yuan.

A major investment bank noted that Artificial Intelligence Data Center (AIDC) construction has entered a phase of explosive growth, with expectations that power capacity demand driven by AI development in the US will grow at a compound annual growth rate (CAGR) of approximately 55% over the next three years, with cumulative demand surpassing 150 gigawatts. Coupled with an expanding electricity shortfall in North America, self-built power sources may become essential for tech giants. Gas turbines are emerging as the preferred solution for AIDC primary power supplies. Additionally, several leading US tech companies will sign the "Ratepayer Protection Pledge" announced by Trump during his State of the Union address on March 4th at the White House. These companies will build, introduce, or procure their own power supplies for new AI data centers, no longer relying on existing public grids. Today, power equipment stocks moved upwards against the market trend, with Dongfang Electric $DONGFANG ELEC (01072.HK)$ Up by 5.44 yuan or 15.52%, trading at 40.5 yuan; Harbin Electric $HARBIN ELECTRIC (01133.HK)$ Up by 1.86 yuan or 7.15%, trading at 27.86 yuan; Shanghai Electric $SH ELECTRIC (02727.HK)$ Up by 0.14 yuan or 3.01%, trading at 4.79 yuan.

NVIDIA released its fourth-quarter earnings, and its impressive performance once again signaled a shortage in AI computing power. The Hong Kong-listed optical communication concept stocks also gained traction, including FIT HON TENG $FIT HON TENG (06088.HK)$ Up 0.69 yuan or 11.48%, closing at 6.7 yuan; Cambridge Technology $CIG (06166.HK)$ Up 5.35 yuan or 7.9%, closing at 73.05 yuan, Yangtze Fiber Optics and Cables $YOFC (06869.HK)$ Up 3.9 yuan or 2.97%, closing at 135.2 yuan.

Although it was reported that SanDisk, a U.S.-listed storage chip stock, was shorted by institutions, causing its share price to fall, the relevant sector also experienced a pullback. However, the share price later rebounded to pre-news levels, keeping the storage concept sector red-hot. South Korea’s two leading storage chip companies, Samsung and SK Hynix, continued their strong performance, both hitting new all-time highs. Today, Samsung Electronics closed at 218,000 Korean won, with an intraday increase of 7.13%, bringing its market cap above $1 trillion; SK Hynix closed at 1,099,000 Korean won, with an intraday rise of 7.96%. Meanwhile, there is news that SK Hynix announced the launch of the global standardization process for the next-generation memory 'HBF' in collaboration with SanDisk.

Investors optimistic about the future performance of Samsung and SK Hynix may want to consider the Southern Twice Leveraged Long Samsung Electronics ETF $CSOP Samsung Electronics Daily (2x) Leveraged Product (07747.HK)$ and the Southern Twice Leveraged Long Hynix ETF $CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK)$ , which are the world's only leveraged ETFs tracking Samsung Electronics and SK Hynix, with a management fee of 1.6% of the fund's net asset value annually. The Southern Twice Leveraged Long Samsung Electronics ETF has delivered a year-to-date return of 73.74%, and since its inception, the return has reached 641.30%, with the year-to-date share price rising nearly 200%. The share price closed today at 106 yuan, up 14.44 yuan or 15.77%; the Southern Twice Leveraged Long Hynix ETF, launched in October, has already seen its share price rise by 400%, closing today at 42.8 yuan, up 5.4 yuan or 14.44%. Investors should note that ETFs have leverage, resulting in greater price volatility. The ETFs may not fully track stock prices synchronously due to management fees or market factors, potentially creating tracking errors, making them suitable for investors bullish on the storage chip sector.

@孫子的末代傳人 @中戶變大戶小牛變大牛 @股海GSO

479K Views