realcasinogamesnodeposit| Hong Kong Stock Morning Post May 21: A total of 96 domestic online games were approved in May. KPMG said foreign companies are increasingly optimistic about the Chinese market

Source Finance Union

Hot news

1. The National data Bureau held a special press conference yesterday afternoon to introduce "on deepening the development of smart cities and promoting the transformation of global digitization of cities."RealcasinogamesnodepositRelevant information on the guidance. Lu Dongsen, deputy director of the Digital economy Department of the State data Bureau, said that in the next step, we will strengthen the combination of top-level design and grass-roots innovation, give full play to the spirit of local initiative, and explore the coordination of central and local governments to promote digital change and institutional innovation. timely summary, replication, promotion of the right number of successful experience, the promotion will be transformed into national policies and systems.

2. The State Press and publication Administration released the approval information of domestic online games in May, and a total of 96 games were approved. Among these approved games, including Alibaba (09988RealcasinogamesnodepositHK) Mobile Tour developed by Lingxiu Mutual Entertainment, and fingertip Lianlian, which is owned by 02660.HK.

3. Hedge funds bought stocks in all regions of the world last week, with developed markets in Europe and Asia leading the way, while China continued for the fourth week, according to data from Goldman Sachs' prime brokerage division.

4. On May 20, KPMG, one of the big four international accounting firms, said that China's economy is currently in a transition stage to a new pattern of dual-cycle development, and foreign-funded enterprises are becoming more optimistic about the Chinese market as the business environment continues to improve.

KPMG pointed out that data from the Ministry of Commerce showed that the number of new foreign-funded enterprises in China increased by 20.7% in the first quarter of this year compared with the same period last year, which fully shows that multinational enterprises are full of confidence in the sustained and healthy development of China's economy.

Global market

In terms of US stocks, as of the close, the S & P 500 was up 0.09% at 5308.13, the NASDAQ was up 0.65% at 16794.87, and the Dow Jones Industrial average was down 0.49% at 39806.77.

The tech giants were mixed, with Apple up 0.62%, Microsoft up 1.22%, Amazon down 0.63%, META down 0.65%, Google-A up 0.49%, Tesla down 1.41%, and Nvidia up 2.49%.

The Nasdaq China Golden Dragon Index fell 1.65%, Alibaba fell 0.29%, Baidu fell 1.55%, pinduoduo rose 0.4%, JD.com fell 1.47%, NetEase fell 0.23%, Xilai fell 1.14%, ideal Motor fell 12.78% and Xiaopeng fell 0.24% after reporting results.

As for Hong Kong stocks, as of Monday's close, the Hang Seng index rose 0.42% to close at 19636.22 points, the technology index rose 0.55% to close at 4135.38 points, and the state-owned enterprises index rose 0.44% to close at 6964.99 points.

In terms of market performance, automobiles, oil, gold and other related stocks led the performance, while real estate and property management stocks fell.

Company news

Ideal car-W (02015.HK): total revenue in the first quarter was 25.6 billion yuan, up 36.4% from the same period last year; net profit was 591 million yuan, down 36.7% from the same period last year. The revenue from vehicle sales during the period was 24.3 billion yuan, an increase of 32.3% over the same period last year.

Suiteng Juchuang (02498.HK): the total revenue in the first quarter was 361 million yuan, up 149.1% from the same period last year; the adjusted net loss was 84.082 million yuan, 11.49% lower than the same period last year. During the period, sales of ADAS lidars reached about 116200, an increase of 542.0% over the same period last year, and gross profit margin rose from 8.4% to 12.3%.

China Resources Power (00836.HK): cumulative electricity sales in the first four months reached 65.3621 million megawatt hours, an increase of 5.5% compared with the same period last year, of which wind power increased by 8.0% and photovoltaic power plants increased by 191.4%.

China Taiping (00966.HK): Taiping pension introduced Fujie as an investor and received an increase of 1.075 billion yuan.

China General account (03969.HK): a total of seven important projects have been awarded in the rail transit market, with a total winning amount of about 2.979 billion yuan.

Cathay Pacific Airways (00293.HK) carried 1.7416 million passengers in April, up 26.1% from a year earlier, while the passenger carrying rate fell 5.4 percentage points to 81.6%.

China Telecom (00728.HK): as of April 2024, the number of mobile subscribers was about 413 million, with a cumulative net increase of 5.68 million for that year.

China Mobile (00941.HK): as of April 2024, the total number of mobile customers was about 997 million, with a cumulative net increase of 6.362 million during the year.

China Unicom (00762.HK): as of April 2024, the cumulative number of 5G package users has reached about 271 million.

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