Market Overview - The Hong Kong stock market showed cautious behavior, closing down 0.03% amid ongoing negotiations between the US and China regarding TikTok ownership [1] - The US Treasury Secretary indicated a potential 90-day extension for the TikTok deal, while both sides reached a basic framework consensus to reduce investment barriers and promote economic cooperation [1] Interest Rate Expectations - The market remains stable, anticipating a 25 basis point interest rate cut, supported by dovish comments [2] - CXO companies like Kanglong Chemical saw significant gains, with Kanglong's stock rising over 9% after passing FDA inspections [2] Stock Performance - Newly included stocks in the Hong Kong Stock Connect experienced volatility, with notable fluctuations in prices, such as a 63% rise followed by a 53% drop for YJ Health [2] - Other stocks like MIRXES-B and HuShang Aunt also showed significant price movements, indicating a potential end to the recent speculative trading frenzy [2] Tesla Developments - Elon Musk purchased 2.57 million shares of Tesla at prices between $371.9 and $396.359, reflecting a strong upward trend in Tesla's stock [3] - Tesla aims to deliver 1 million humanoid robots within ten years, with production expectations likely to exceed forecasts based on industry feedback [3] Robotics Supply Chain - Sanhua Intelligent Controls, a key supplier for Tesla's humanoid robots, saw its stock rise nearly 13% due to its strong ties with Tesla [4] - Other companies in the robotics sector, such as Dechang Electric and Yujian Technology, also reported significant stock increases following positive developments in their respective projects [4] Energy Storage Contracts - Jiangsu Longpan Technology signed a major contract with CATL to supply 157,500 tons of lithium iron phosphate materials, valued at approximately 6 billion [5] - The photovoltaic glass market showed positive trends, with leading companies like Fuyao Glass and Xinyi Glass experiencing stock increases of around 5% [5] Expansion of Delivery Services - Meituan's international delivery brand Keeta launched operations in Kuwait, marking its third entry into the Middle East, with stock rising over 3% [6] - Geely Auto announced plans to privatize Zeekr, with stock also increasing by over 3% [6] Aviation Industry Insights - The domestic airline ticket prices showed a year-on-year increase of 4%, indicating a recovery in business travel demand [7] - The low oil prices are beneficial for airlines, with potential cost reductions of 4-5 billion for every 1% drop in oil prices [7] Travel Industry Performance - Tongcheng Travel reported a revenue of 9.05 billion, a year-on-year increase of 11.5%, with adjusted EBITDA growing by 35.2% [8] - The company’s user base continues to expand, particularly in non-first-tier cities, indicating a strong market presence [8] Hotel Industry Outlook - The average room rates in the hotel industry are expected to improve in the third quarter, with growth anticipated in hotel business and accommodation nights [9]
智通港股解盘 | TikTok达成框架协议仍有变数 特斯拉大涨带动产业链