每日投资策略：北水不足，恒指料短线整固

Market Overview - The Hang Seng Index closed at 23,453.16, down 187 points or 0.79%[3] - The Shanghai Composite Index ended at 3,380.82, down 0.68%[3] - The Shenzhen Component Index fell by 1.62%, closing at 10,186.45[3] - The total market turnover was 2002.09 million HKD[3] Key Stock Movements - HSBC Holdings (00005) decreased by 0.2%, closing at 90.6 HKD[3] - Hong Kong Exchanges and Clearing (00388) dropped 1%, closing at 377.2 HKD[3] - JD.com (09618) fell 4.4%, closing at 135.4 HKD, marking the worst performance among blue chips[3] - Tencent (00700) reported a 13% increase in Q1 revenue but closed down 0.2% at 520 HKD[3] - Alibaba (09988) fell 1.2% to 128.9 HKD ahead of its earnings announcement[3] Economic Indicators - The China Securities Regulatory Commission plans to implement reforms for the Sci-Tech Innovation Board and the ChiNext Board to enhance investor protection and market integrity[6] - In April, Hong Kong welcomed 3.8 million visitors, a 13% year-on-year increase, with mainland visitors totaling 12.05 million, up 8%[8] Company Performance - Samsonite (01910) reported lower-than-expected sales and profit margins, leading to a 20% target price reduction to 20 HKD, maintaining an "outperform" rating[10] - Minhua Holdings (01999) reported a 10.41% decrease in net profit to 2.063 billion HKD, with total revenue down 8.24%[12] - Geely Automobile (00175) saw a 2.64 times increase in net profit to 5.672 billion RMB, with revenue rising 24.51% to 72.495 billion RMB[13]