2024-01-15-新华汇富金融-汇富快讯_香港及中国市场日报_6页_314kb

Hong Kong & China Market Daily

Date: 16 January 2024

Source: Kingsway Financial Services Group Limited

• Includes market summaries, economic calendars, and disclaimer.

Market Indices

• Hong Kong indices: Hang Seng Index (HSI) closed at 16,216.33, down 0.2% on the day; Hang Seng China Enterprises Index (HSCEI) at 5,446.52, down 0.6%.
• US indices: Dow Jones down 0.8%, S&P 500 flat, Nasdaq up 0.0%.
• European indices: CAC down 2.2%, DAX down 0.9%.
• Other: NIKKEI Index down 6.1%, FTSE Index down 2.7%.

Major Commodities and Currency Trends

• Precious metals: Gold down 1%, silver down 3.1%.
• Energy: Crude oil up 1.4%, natural gas down in China.
• Currencies: USD/HKD rate at 7.824, EUR/USD at 1.095.
• Note: YTD (Year-to-Date) changes include significant losses in some indices and gains in others.

Key Market Event

• Brilliance Auto (1114.HK): Rumored sale of remaining 25% stake in BMW JV; if executed, could boost net cash by ¥46.5 billion, potentially lifting net cash per share to RMB 11.07; view as potential positive catalyst, but uncertain due to Huachen Group's financial status.

Economic Calendar Highlights

• US Calendar: Upcoming releases include retail sales, industrial production, ISM PMI, and labor claims.
• China/Hong Kong Calendar: Key indicators include retail sales, GDP, PMI, and currency reserves.

Shareholder Activities (Recent)

• Major transactions occurred in companies like China HK Power Smart Energy Group Ltd. and EverChina Int'l Holdings Co. Ltd., with average prices provided.

Disclaimer Summary

• This document is for private circulation only and not considered a solicitation to buy or sell securities. Prices and data are subject to change, and reviewers must ensure compliance with legal restrictions.