越秀证券每日晨报-20250929

Market Performance - The Hang Seng Index closed at 26,128, down 1.35% for the day and up 30.25% year-to-date [1] - The Hang Seng Tech Index fell by 2.89% to 6,195, with a year-to-date increase of 38.65% [1] - The CSI 300 Index decreased by 0.95% to 4,550, with a year-to-date rise of 15.63% [1] - The Dow Jones Index rose by 0.65% to 46,247, with a year-to-date increase of 8.70% [1] Currency and Commodity Overview - The Renminbi Index stands at 96.360, with a 1-month increase of 0.20% but a 6-month decline of 2.48% [2] - Brent crude oil is priced at $69.310 per barrel, reflecting a 1-month increase of 3.91% but a 6-month decrease of 1.62% [2] - Gold is trading at $3,751.26 per ounce, with a 1-month increase of 10.54% and a 6-month increase of 24.24% [2] Company-Specific News - New World Development reported a significant increase in losses from continuing operations, amounting to HKD 163.01 billion, compared to HKD 118.06 billion in the previous year [13] - The company recorded a total revenue of HKD 276.81 billion, down 23% year-on-year, and a core operating profit of approximately HKD 60.16 billion, down 13% [13] - The company’s net debt ratio increased by 3.1 percentage points to 58.1%, with total debt around HKD 1,461 billion [14][15] Market Trends - The Hong Kong stock market experienced a decline, with the Hang Seng Index dropping by 356 points, while the main board recorded a trading volume of nearly HKD 323.7 billion [4] - In the A-share market, the Shanghai Composite Index closed at 3,828, down 0.65%, while the Shenzhen Component Index fell by 1.76% [4] - The U.S. stock market ended a three-day decline, with the core Personal Consumption Expenditures (PCE) price index rising by 0.2% month-on-month and 2.9% year-on-year, aligning with expectations [5][12] IPO and Upcoming Listings - Recent IPOs include Chery Automobile, which debuted at HKD 32.80, showing a first-day performance increase of 3.80% [26] - Upcoming IPOs include Zijin Gold International, set to list on September 30, 2025, with a proposed offer price of HKD 71.59 [26]