Zheng Quan Shi Bao·2026-01-19 04:52Core Viewpoint - The A-share market showed mixed performance with significant gains in the basic chemical, electric equipment, and automotive sectors, while the Hong Kong market experienced a decline in major indices [1][2][7]. A-share Market Performance - The basic chemical sector led the gains with an increase of over 2%, featuring stocks like Li Er Chemical (002258), Evergrande High-tech (002591), and Double Star New Materials (002585) hitting the daily limit [2][3]. - Electric equipment stocks also surged, with the sector's increase exceeding 2%, and notable performers included Shuangjie Electric (300444) and Taisheng Wind Power (300129), both showing gains of over 10% [4]. - The automotive sector saw a rise close to 2%, with stocks such as Superjet (301005) and Kabeiyi (300863) achieving gains exceeding 10% [5]. Hong Kong Market Performance - The Hong Kong market was generally sluggish, with the Hang Seng Index and Hang Seng Technology Index both dropping over 1% [7]. - Notable gainers included companies like Li Ning and Mengniu Dairy, while WuXi Biologics and Innovent Biologics faced significant declines [8]. - The stock of Qutoutiao surged over 20% following a positive earnings forecast, projecting a turnaround to profitability in 2025 [9][10]. Company-Specific Highlights - Qutoutiao expects a net profit between RMB 270 million and RMB 330 million for 2025, driven by increased investment in AI and operational efficiency improvements [10]. - TCL Electronics anticipates a significant increase in adjusted net profit for 2025, projected between HKD 2.33 billion and HKD 2.57 billion, representing a growth of 45% to 60% compared to 2024 [11].