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 stock market opened higher following gains in overseas markets. The HSI opened 154 points higher and fluctuated today, closing up 175 points or 0.7% at 26,765. The HSCEI rose 26 points or 0.3% to close at 9,034, while the HSTECH fell 10 points or 0.2% to close at 5,260. Total market turnover was HK$236.8bn. In the financial sector, HSBC (0005) raised its adjusted average ROTE for this year and next to 17% or higher, and its share price rose 5.5%. Link REIT (0823) rose 0.8% after the budget proposed to expedite the inclusion of REITs in the Stock Connect program.
Source: KGI Investment Products and Solutions Department
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