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Summit Extends Gains as Cancer Drug Outperforms BeiGene's Tevimbra
Technology stocks are rebounding, while high-profile stocks are collectively "cooling down". The market may enter a critical period for switching between high and low performances.
Track the entire lifecycle of the main Sector.
Hong Kong stock morning report | John Lee Ka-chiu engaged in in-depth exchanges with representatives of the "Hangzhou Six Little Dragons" companies. Trump is considering exempting Auto Manufacturers from some tariffs.
① John Lee Ka-chiu had in-depth discussions with representatives from the 'Six Little Dragons of Hangzhou.' ② The Inner Mongolia Ministry of Industry and Information Technology reported that the computing power scale of Inner Mongolia has reached around 0.12 million P, ranking first in the country. ③ USA President Trump is considering exempting Auto Manufacturers from certain tariffs. ④ NIO's Li Bin predicts that China's share of the Global auto industry will exceed 40%.
Hong Kong stock morning report | E-commerce platforms have completely canceled "refund only" policy. Wei Long Mei Wei plans to invest 1 billion yuan to build a new factory.
① E-commerce platforms fully cancel "refund only" policy. ② The IMF lowers the 2025 global economic growth forecast from 3.3% at the beginning of the year to 2.8%. ③ The Ministry of Industry and Information Technology solicits public opinions on the "Guide to the Construction of Comprehensive Standardization System for Cloud Computing (2025 Version)." ④ The Ministry of Industry and Information Technology: More than 100 national and industry standards will be developed and revised to establish a standard system for Intelligent Manufacturing that adapts to the development of new industrialization by 2026.
Europe and America also exploded! POP MART's Q1 revenue increased by 1.7 times year-on-year, and revenue in the Americas market surged by 9 times year-on-year.
In the first quarter of 2025, total revenue saw a significant year-on-year increase of 165%-170%, with the China market growing by 95%-100% and the overseas market achieving an astonishing growth rate of 475%-480%. The overseas market experienced explosive growth: the Americas market surged by 895%-900% year-on-year, while the European market grew by 600%-605%.
A wave of buybacks in Hong Kong stocks, with 172 listed companies repurchasing 53.7 billion, and the buybacks have been continually increasing in recent years.
① A wave of stock buybacks has been sparked in the Hong Kong stock market, with 172 listed companies having implemented buybacks totaling 53.708 billion HKD; ② The main players in Hong Kong stock buybacks remain leading companies in the Internet and financial sectors, but some pharmaceutical and Consumer firms have also increased their buyback efforts.
