Under the market of "low valuation and high dividend" at the beginning of 2024, among the Hong Kong stock giants with a market value of more than 500 billion yuan, the top ten stocks with an annual increase are mostly "special valuation" stocks, followed by better performance development. Here are the top 10 rising Hong Kong stocks in 2024.
1、Meituan -W (03690) -103.91%
Meituan is the largest lifestyle service platform in China, offering a variety of services such as food delivery, hotel reservations and travel services. By integrating online and offline resources, Meituan has continuously improved the user experience and promoted the growth of local consumption.
2、Xiaomi Group -W (01810) - 95.19%
Xiaomi is a technology company focusing on smartphones and Internet of Things devices, and is committed to providing cost-effective consumer electronics products. The company is constantly innovating, expanding its eco-chain products and enhancing its competitiveness in the global market.
3、China Offshore Oil (00883) -53.97%
Cnooc is the largest offshore oil and gas production company in China, focusing on the exploration and development of offshore oil and gas resources. The company's strength and technological advantages in the field of energy make it occupy an important position in the market.
4、China Merchants Bank (03968) -52.97%
China Merchants Bank is a leading commercial bank offering a full range of financial services including personal banking, corporate banking and investment banking. Its sound business strategy and innovative financial products have attracted a large number of customers.
5、Agricultural Bank of China (01288) - 49.45%
Agbank is one of the four largest state-owned banks in China and offers a full range of financial services, including personal banking, corporate banking and international business. The company has significant advantages in rural and small and micro enterprise financial services.
6、China Construction Bank (00939) - 47.92%
China Construction Bank is a comprehensive commercial bank focused on infrastructure financing and personal financial services. Its strong asset size and risk management capabilities enable it to remain competitive in the market.
7、China Shenhua (01088) - 44.69%
China Shenhua is one of the country's largest coal producers, with operations spanning coal production, electricity and rail transportation. With its resource advantages and diversified operations, the company has developed steadily.
8、Ping An China (02318) -43.81%
Ping An of China is an integrated financial services group covering a wide range of sectors including insurance, banking and investment. Its strong brand influence and innovation ability make it occupy a leading position in the financial industry.
9、Tencent Holdings (00700) - 41.21%
Tencent is one of China's largest Internet technology companies, offering services such as social media, online games and digital payments. The company's diversified presence in the digital ecosystem has driven its continued growth.
10、Midea Group (00300) -40.51%
Midea Group is a leading global manufacturer of home appliances, including air conditioners, refrigerators and kitchen appliances. The company has enhanced its market competitiveness through technological innovation and globalization strategy.
Screening Criteria: Market capitalization > 500 billion HKD, top ten stocks by year-to-date increase (excluding dual-listed stocks)
Data Source: uSMART, Wind
Data Timeframe: January 1, 2024 - December 11, 2024
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(Source: uSMART HK)