GuShiio.com ① Heavy macro data released at home and abroad are worth focusing on?
② Companies such as SMIC will disclose their results. What are market expectations?
Cailian News, February 10 (Editor Feng Yi)Cailian brings you this week’s Hong Kong stock news:
Overseas macro
Monday (February 10): ECB President Lagarde participated in the plenary debate on the ECB’s 2023 annual report. The euro zone will release the Sentix investor confidence index for February; Japan will release its trade account.
Tuesday (February 11): New York Fed’s one-year inflation expectations in January; Federal Reserve Chairman Powell attended a Senate hearing and delivered semi-annual monetary policy testimony; Cleveland Fed Chairman Hamak delivered a speech on the economic outlook.
Wednesday (February 12): The United States did not adjust quarterly CPI and core CPI data in January.
Thursday (February 13): U.S. PPI annual rate and monthly rate in January, and the number of initial jobless claims for the week ending February 8; Atlanta Fed President Robert Bostick delivered a speech on the economic outlook.
Friday (February 14): Monthly retail sales rate, monthly industrial output rate in the United States in January, revised annual rate of fourth-quarter GDP in the euro zone.
China macro
This week, the People’s Bank of China will have 1.6052 billion yuan of reverse repos due in the open market, of which 449 billion yuan, 000 million yuan, 697 billion yuan, 275.5 billion yuan, and 183.7 billion yuan respectively due from Monday to Friday. In addition, the central bank may also release financial data such as social finance.
industry dynamics
Monday (February 10): BYD will hold an intelligent strategy conference at its Shenzhen headquarters; the Artificial Intelligence Action Summit will be held in Paris.
Thursday (February 13): The IEA will release its monthly crude oil market report.
Hong Kong Stock News
Tuesday (February 11): SMIC will release results.
Previously, SMIC guided 4Q24 revenue from 0% to +2% month-on-month in its 3Q24 financial report, and gross profit margins are expected to be between 18% and 20%. Tianfeng Securities expects that AI demand and order conversion effect are expected to bring operating performance exceeding expectations.
Wednesday (February 12): Ancient Ming goes on sale.
Thursday (February 13): Huahong Semiconductor will announce its results.
