By the close of trading on July 27th, three Hong Kong stocks had reached record highs, namely Gao Wei Electronics (01415), BOE Jingdian (00710) and COSCO Haineng (01138). (note: statistics on the market capitalization of Hong Kong stock market & HK $10 billion for gt;, HK $10 million for gt;, listing time & stocks for gt;1 months)
Gao Wei Electronics (01415) hit an all-time high of HK $14.58 in intraday trading, rising 200.42% in the past year. The stock closed up 8.46% at HK $14.36. On the face of the news, according to media citing sources in the supply chain, Apple added parts orders for the new iPhone to suppliers, hoping to further expand market share when sales of Android phones are low, while Apple's new product release is approaching. Many fruit chain contract factories and suppliers, such as Foxconn, Pegatron and Lance Technology, are hiring workers with high wages on a large scale, among which Foxconn's Zhengzhou plant is hiring nearly 10,000 a day at its peak. A number of fruit chain listed companies say that major customer orders are stable and there is no big fluctuation compared with previous years.
BOE Jingdian (00710) reached a record high of HK $19 in intraday trading, up 67.18% in the past year. The stock closed up 2% at HK $18.36. A few days ago, the company entered into a main framework agreement with BOE. During the agreement, the company can buy or lease equipment from BOE. Jingxi had previously made a profit. Lyon believes that with profit growth, profit margin expansion and may be included in the valuation revaluation of the Shenzhen-Hong Kong Stock Connect. There is still room for the stock price to rise. In addition, some institutions are optimistic that automotive electronics will continue to support the rising volume and price of display screen products.
Cosco Haineng (01138) reached an intraday high of HK $5.82, a 52-week high, with an increase of 85.99% in the past year. The stock closed down 0.7% at HK $5.71. the company is the world's largest oil tanker owner and the leader of domestic LNG transport business. in terms of oil transportation, the company owns and controls a total of 168 oil tankers, covering the mainstream tanker types in the world. Is the world's most complete fleet of oil tankers, LNG, the company's wholly-owned Shanghai COSCO Shipping liquefied Natural Gas Investment Co., Ltd., and CLNG, which holds a 50% stake, are the only two large LNG transport companies in China.
USMART smart writer's information and data come from public media reports, smart writer can not guarantee its complete accuracy, the content is for reference only, does not constitute investment advice.