gameonlinecrypto| Hong Kong stocks and bull stocks this week| High-dividend stocks are sought after! Sinotrans rose by more than 23% weekly, and China National Building Materials rose by more than 17%

2024-05-11

Transferred from: Futu Information

Editor's note: the column "Bull stocks in Hong Kong and US stocks this week" closely follows the market trends every week.GameonlinecryptoTake an inventory of the weekly performance of the Hong Kong US stock market to help Niu you sort out the hot sectors, strong stocks and major news of the week, looking for a moneymaking effectGameonlinecryptoThe theme of investment.

gameonlinecrypto| Hong Kong stocks and bull stocks this week| High-dividend stocks are sought after! Sinotrans rose by more than 23% weekly, and China National Building Materials rose by more than 17%

The three major indexes of Hong Kong stocks are divided this week, with the Hang Seng Index and the State-owned Enterprises Index rising. By the close, the Hang Seng Index and the State-owned Enterprise Index were up 2% in five trading days.Gameonlinecrypto.64%, 2Gameonlinecrypto.62% to close at 18963.68 points and 6718.86 points. Over the same period, the technology index fell slightly by 0.23% to 3962.32 points.

Judging from the list of gains, high dividend stocks have been sought after by funds this week, with $00598.HK (China Foreign Transportation) $up more than 23% in a week, $China Building Materials (03323.HK) $and $Anhui Wantong Expressway (00995.HK) $up more than 15%.

China International Capital Corporation pointed out that if the tax relief on Hong Kong stock dividends is implemented, it is expected to further boost mainland investors' enthusiasm for Hong Kong stocks, especially those related to high dividends, boost sentiment in the short term and improve the liquidity of the Hong Kong stock market in the long run.

In terms of individual stocks, the net income of Q1 products increased by nearly 40% compared with the same period last year, and the $09688.HK (Zaiding) $surged more than 26% this week.

Apple's new iPad opened for pre-sale, with Apple's concept stock $00285.HK (BYD) $showing off this week, up nearly 20% during the week.

Citigroup reported that Apple has launched a new generation of tablet computers, the iPad Air and iPad Pro, and has accepted preorders and will go on sale next Wednesday (15th). The bank points to a significant upgrade in iPad Pro product specifications, using Apple's most powerful M4 chip and a laminated OLED screen. As the company did not launch a new iPad last year, it is expected that the new product will trigger the product cycle. It is believed that BYD Electronics and Gao Wei Electronics are the main beneficiaries.

On the other hand, the weaker stocks this week are as follows: