GuShiio.com ① Alibaba and other technology companies have successively disclosed their results. What are the market expectations?
② Hang Seng Index Company releases the latest quarterly inspection results. What impact will it have on the market?
Cailian News, February 17 (Editor Feng Yi)Cailian brings you this week’s Hong Kong stock news:
Overseas macro
Monday (February 17): Federal Reserve Governor Bowman and Philadelphia Federal Reserve Chairman Huck will deliver speeches; the euro zone will adjust the trade account in December.
Tuesday (February 18): New York Federal Reserve Manufacturing Index: The February ZEW Economic Sentiment Index for the Eurozone will be released.
Thursday (February 20): The Federal Reserve released the minutes of its January monetary policy meeting; the G20 Foreign Ministers ‘Meeting was held in Johannesburg, South Africa; the number of people claiming unemployment benefits in the United States as of the beginning of the week; the Philadelphia Federal Reserve Bank’s manufacturing index in February; Important data such as leading indicators of the January Consultative Conference were released.
Friday (February 21): Initial value of S & P’s global manufacturing/services/comprehensive PMI in February, and final value of the University of Michigan Consumer Confidence Index in February.
China macro
This week, the People’s Bank of China will have 1,044.3 billion yuan in reverse repos due in the open market, of which 229 billion yuan, 33 billion yuan, 558 billion yuan, 125.8 billion yuan, and 98.5 billion yuan will expire respectively from Monday to Friday. In addition, another 500 billion yuan MLF expired on Tuesday (February 18).
Wednesday (February 19): Housing price statistics in 70 cities in China.
Thursday (February 20): China’s 1-year loan market quoted interest rate (LPR) was announced.
The previously announced one-year and five-year LPR periods for January remain unchanged. Some analysts said that after the introduction of a package of incremental policies, the economic boom will increase and the property market will also recover significantly. The need for further decline in LPR in the short term may decrease.
industry dynamics
Tuesday (February 18): Musk released a new generation of large model Grok 3.
Thursday (February 20): Huawei will hold a technology conference for Hongmeng Zhixing Zunjie.
Hong Kong Stock News
Monday (February 17): Baidu Group announced results.
Wednesday (February 19): Hang Seng Bank, Alibaba and Netease announced results.
Thursday (February 20): Beili Beili, Lenovo Group announced results.
Currently, the market generally expects that the recovery of e-commerce will boost Alibaba’s quarterly results, and video number advertising may push Tencent’s profits to exceed expectations. In addition, benefiting from DeepSeek’s popularity, Alibaba Cloud’s business performance has also been the focus of market attention.
Friday (February 21): Hang Seng Index announced the results of the quarterly inspection of the Hang Seng Index for the fourth quarter of 2024. Changes in constituent stocks will take effect on March 10; Ctrip Group announced its results.
