Market Performance - The Hang Seng Index closed at 20,926.79, down 9.41% from the previous day, losing 2,172 points[1] - The Shanghai Composite Index rose by 4.59% to 3,489.78, while the Shenzhen Component increased by 9.17% to 11,495.1[1] - The total market turnover in Hong Kong reached a record high of 620.44 billion HKD[1] Key Stock Movements - The top traded stock, Tracker Fund of Hong Kong (02800), fell by 9.1% to 21.64 HKD, with a turnover of 33.98 billion HKD[2] - Tencent (00700) dropped 8.3% to 438.6 HKD, while Alibaba (09988) decreased by 8.8%[2] - Meituan (03690) saw a significant decline of 15.5%, and Longfor Group (00960) was the worst performer, plummeting 22.6%[2] Economic Outlook - The National Development and Reform Commission (NDRC) plans to issue 100 billion RMB in special bonds next year to support major strategic projects[4] - The World Bank forecasts China's economic growth to slow to 4.3% in 2024, down from 4.8% in 2023, due to structural challenges[5] - Government investment this year is projected at nearly 6 trillion RMB, with a project commencement rate of 58%[4] Corporate Developments - WuXi AppTec (02359) plans to issue 500 million USD in zero-coupon convertible bonds, with a conversion price set at 80.02 HKD per share, representing a 15.97% premium[8] - Xiaomi (01810) reported over 6,000 pre-orders for its SU7 model during the recent National Day holiday, aiming to deliver 20,000 units in October[9]
每日投资策略：市场利好续消化，港股回调整固
Guodu Securities Hongkong·2024-10-09 04:03