The financial reports of Hong Kong star stocks such as Tencent and Xiaomi are coming! One picture to understand the latest performance forecast

In the second half of May, the Q1 financial reports of Hong Kong star stocks were released one after another——

This week, $JD.com-SW(09618.HK)$ will release its financial report on May 17 (Tuesday); May 18 (Wednesday) $Tencent Holdings (00700.HK)$ will release its financial report; May 19 On Thursday, $Xiaomi Group-W (01810.HK)$ released its financial report;

Next week there will be $Alibaba-SW(09988.HK)$ , $Kuishou-W(01024.HK)$ , $Baidu Group-SW(09888.HK)$ , $NetEase-S(09999.HK)$ , etc. The company releases financial reports.

The Internet sector of Hong Kong stocks, which had undergone a huge adjustment before, showed a rebound trend last week. As of today’s close, the Hang Seng Technology Index stood firm at 4,000 points, Alibaba rose nearly 3%, Baidu Group rose 2%, and Kuaishou and Xiaomi rose 1%.

The market is highly concerned about the announcement of this round of financial reports, expecting the performance to boost confidence. Futu Information has compiled the Q1 performance forecasts of some star stocks in Hong Kong stocks in 2022 for the reference of Niuyou:

It is worth noting that in the first quarter of this year, public funds have significantly increased their holdings of leading companies in the sector. Many star fund managers have repeatedly stated publicly that there are currently very cost-effective investment opportunities in the Internet sector of Hong Kong stocks.

Tianfeng Securities released a research report saying that the Internet valuation is currently in the bottom range, and the core value and barriers of the Internet platform are still there. In the context of China’s development of the digital economy, promoting the healthy development of the platform economy has national strategic value and significance. It is recommended to pay attention to the valuation of the Internet sector, follow-up to the implementation of specific measures, and the recovery of fundamentals in the second half of the year.

Ping An Securities also believes that the Hong Kong stock market is about to perform a “reversal of adversity” market. At present, the overall upward momentum has begun to appear, and the Internet sector will also recover after the policy bottoms out.

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Do you think there will be “surprises” in this earnings week?

Which company do you like the most? The reason is that?

Welcome to leave your wonderful views in the comment area~

Editor/Viola

This article is reprinted from: https://news.futunn.com/post/15567834?src=3&report_type=market&report_id=205742&futusource=news_headline_list
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