4/9/2018
港股每日報告
汽車掀起減價戰，汽車股大跌。
星期一港股開市下跌，恆生指數跌79點，國企指數跌40點。權重股領跌，騰訊跌1.9%，拖累指數跌48點；建設銀行跌0.72%，拖累指數跌16點；滙豐跌0.65%，令指數跌18點。A股開市跌0.39%，上證綜合指數跌10點。開市後港股跌幅擴大,恆生指數跌超過100點，吉利跌6.7%，為跌幅最大藍籌股，拖累指數跌19點。恆生指數開市後跌至27699點，跌189點。之後反彈至27822點，只跌66點。但到中段港股又急挫，恆生指數最低跌至27584點，跌304點。騰訊跌幅擴大至3.3%，拖累指數跌79點，影響到港股最多。歐盟終止對中國光伏產品征收反傾銷稅，太陽能板塊急升，保利協鑫升9%，卡姆丹克升22%，興業太陽能升6%。陽光能源升7%。有線電視和中國移動簽合作備忘錄，股價一度炒高80%。A股上午收市跌0.94%，上證綜合指數跌25點。恆生指數收市跌264點，國企指數跌97點，成交456億元。
港股下午早段變化不大，恆生指數維持跌2百多點。騰訊跌2.82%，令指數跌66點；滙豐跌0.8%，令指數跌21點；長和跌1.37%，令指數跌18點；中石化除淨，令指數跌17點。吉利跌5%，令指數跌14點。5G概念A股大跌，拖累中興通訊跌5%，華虹半導體跌5%。內地汽車市場爆發減價戰，汽車股大跌。除吉利外，長城汽車跌7%，東風跌4.3%，廣汽跌6.3%，華晨汽車跌6.9%；汽車代理股同樣大跌，永達跌7.7%，正通汽車跌6.4%。內房股下跌，碧桂園跌2.7%，華潤置地跌2%，禹州地產跌7.9%。有線寬頻升幅擴大至108%，為升幅最大藍籌股。A股收市跌0.17%，上證綜合指數跌4點。港股收市前略為反彈，恆生指數跌幅收窄至一百多點，收市跌176點。國企指數跌62點，成交789億元。
昨晚美國勞工節假期休市，歐洲股市個別發展。德國跌19點，法國升7點，英國升72點。土耳其里拉及阿根廷披索繼續貶值，新興國家貨幣危機加深。新興市場持續走資。恆指夜期升41點，港股連續三天急跌，恆生指數累積跌703點，預計港股今天下跌。
Today’s report
Auto stocks fell sharply on price war worries.
The Hong Kong market opened lower on Monday. Hang Seng index opened down 79 points and H share index down 40 points. Heavyweights led the fall. Tencent lost 1.9% for 48 point loss. CCB lost 0.72% for 16 point loss. HSBC lost 0.65% for 18 point loss. A shares opened down 0.39%. Shanghai composite index fell 10 points. The market fell further after opening with Hang Seng index losing more than 100 points. Geely lost 6.7% to become the top loser and caused 19 point loss. Hang Seng index soon fell to 27699 points, down 189 points right after opening. Then the market rebounded to 27822 points, down only 66 points. Then, the market fell sharply in late morning. Hang Seng index fell to a morning low of 27584 points, down 304 points. Tencent fell 3.3% for 79 point loss. The EU ended the countervailing duty on solar energy products. Solar energy stocks rose. GCL rose 9%. Comtec rose 22%. Singyes rose 9%. Solargiga rose 7%. I Cable entered into cooperation with China Mobile. Share price soared 80%. A shares closed the morning down 0.94%. Shanghai composite index closed down 25 points. Hang Seng index closed down 264 points. H share index closed down 97 points. Turnover was $45. 6 billion.
The market was little changed in early afternoon. Hang Seng index lost about 200 points. Tencent lost 21.82% for 66 point loss. HSBC lost 0.8% for 21 point loss. CKH lost 1.37% for 18 point loss. Sinopec went ex-dividend and caused 17 point loss. Geely lost 5% for 14 point loss. 5G concept stocks fell sharply. ZTE lost 5%. Huahong Semiconductor lost 5%. Price war erupted in Mainland car market. Carmakers fell sharply. Great Wall lost 7%. Dongfeng lost 4.3%. GAC lost 6.3%. Brilliance lost 6.9%. Car retailers also fell. Yongda lost 7.7%. Chintung lost 6.4%. Mainland developers fell. Country Garden lost 2.7%. CR Land lost 2%. Yuzhou l.ost 7.9%. I-Cable’sgain widened to 108% in the afternoon. A shares closed down 0.17%. Shanghai composite index lost 4 points. The market recovered slightly just before the close. Hang Seng index closed down 176 points and H share index down 62 points. Turnover was $78.9 billion.
Overnight, US markets were closed for Labor Day holiday. European markets were mixed. DAX lost 19 points but CAC rose 7 points and FTSE rose 72 points. The Turkish Lira and Argentina Peso continued to fall. Currency crisis in emerging markets continued to grow. Night future rose 41 points. The market has fallen sharply for three consecutive sessions. Hang Seng index lost accumulative 703 points. We expect the market to fall today.
