Daily focus ： Real-Time Quote
Anta Sports (2020): Amer Sports, a subsidiary of Anta Sports, received positive feedback from its management regarding the very positive consumer trends during the Chinese New Year. Fourth-quarter sales grew by 28%, with a 42% increase in Greater China. The company's 2026 guidance projects revenue growth of 16% to 18%. Anta, as a major shareholder, will directly benefit, and the share price has already reflected negative sentiment. First-quarter retail sales are expected to be 3 to 5 percentage points higher than anticipated.
Federal Reserve officials have been releasing a series of hawkish signals
Federal Reserve officials have been releasing a series of hawkish signals. Boston Fed President Collins and Chicago Fed President Goolsby both stated that further interest rate cuts are not advisable until inflation truly falls back to 2%, and they expect current interest rates to remain for some time. Atlanta Fed President Bostic went even further, stating that interest rate cuts cannot alleviate the structural unemployment crisis caused by AI. Meanwhile, Anthropic released an upgraded version of its enterprise-level AI tools, actively expanding into business scenarios such as investment banking and human resources. However, the company's philosophy of "collaboration, not disruption" effectively alleviated market panic regarding AI and boosted the performance of tech stocks.
Hong Kong Stock Connect saw a net inflow of HK$3.1 billion on Tuesday, with Southern Hang Seng Technology (3033) experiencing the largest inflow at HK$1.58 billion, followed by Meituan-W (3690). Pop Mart (09992) recorded the largest net outflow at HK$205 million, followed by CNOOC (883).
Hong Kong stocks weakened following the decline in US stocks. The Hang Seng Index opened 168 points lower and then widened its losses, falling as much as 601 points to 26,480 points, before closing down 491 points or 1.8% at 26,590 points. The Hang Seng China Enterprises Index fell 189 points or 2.1% to 9,007 points, and the Hang Seng Tech Index fell 114 points to 5,270 points. Total turnover for the day was HK$251 billion. Standard Chartered (2888) reported weaker-than-expected results, but announced a US$1.5 billion share buyback, which boosted its share price by 3% against the market trend. Insurance stocks were generally under pressure, with China Life (2628) falling along with the market and closing down 6%. In addition, AI stock KNOWLEDGE ATLAS (2513) saw technical buying after a sharp drop recently, with its share price rebounding 12%.
Source: KGI Investment Products and Solutions Department
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