01133 Overview

Market Performance: The HSI dropped 484 points (1.8%) to 26,547, with significant declines in financial stocks like HSBC and HKEX, while total half-day turnover reached $128.406 billion.

Chinese Inflation: China's inflation rate for January was reported at 0.2%, lower than the previous 0.8% and below the forecast of 0.4%.

Gold Prices Decline: Gold prices fell below $5,000 per ounce, negatively impacting several gold-related stocks, which saw declines ranging from 3.6% to 5.2%.

AI Stocks Surge: AI-related stocks experienced significant gains, with MINIMAX-WP rising 9.4% and KNOWLEDGE ATLAS surging 11.9% following the launch of new programming models.

Stock Performance: Harbin Electric (01133.HK) opened 5.3% higher at HKD20, with a trading volume of 282,000 shares and a short selling amount of $23.90 million, reflecting a ratio of 20.565%.

Profit Forecast: The company issued a positive profit alert, projecting a 57% year-on-year increase in net profit to approximately RMB2.65 billion in 2025, driven by growth in operating revenue and improved product profitability.

Market Performance: The HSI closed down 281 points (1.05%) at 26,563, with total market turnover at HKD225.689 billion. Major tech stocks like Tencent and Meituan also saw declines.

Smartphone Shipment Forecasts: Major smartphone manufacturers, including Xiaomi and OPPO, have lowered their annual shipment forecasts, impacting related stocks negatively.

Stock Movements: UBTECH Robotics surged 8.6% after a partnership with Airbus, while several other tech and pharmaceutical stocks experienced significant declines, with some dropping over 6%.

Economic Indicators: China's unemployment rate remained stable at 5.1% for December, slightly below the forecast of 5.2%, indicating potential weaknesses in domestic demand despite resilient exports.

Market Overview: The HSI fell 1% to 26,579, with the HSCEI down 0.9% and the HSTECH decreasing by 1.1%, resulting in a total half-day turnover of $132.94 billion.

AI Stocks Performance: XTALPI saw a gain of 3.4%, while KINGSOFT CLOUD, INSILICO, GDS-SW, and UNISOUND experienced declines ranging from 2.7% to 5.6%.

Power Equipment Stocks: DONGFANG ELEC and HARBIN ELECTRIC both rose significantly, with increases of 6.6% and 7.3%, respectively, despite the overall market trend.

Pharmaceutical Sector Decline: Several pharmaceutical stocks, including SINO BIOPHARM and 3SBIO, faced declines of 4.6% to 6.1%, with WUXI APPTEC also dropping by 2.8%.

Investment Plan Unveiled: The State Grid Corporation of China announced its '15th Five-Year Plan' with a projected RMB4 trillion investment, a 40% increase from the previous plan, aimed at enhancing the new power system industrial chain.

Market Reaction: Following the announcement, power grid and equipment stocks in Hong Kong experienced significant gains, indicating a positive market response to the investment plan.

Stock Performance Highlights: DONGFANG ELEC saw a peak increase of 10.8%, reaching a nearly six-month high, while HARBIN ELECTRIC set an all-time high during trading.

Trading Activity: Various power-related stocks, including CH ENERGY ENG and SH ELECTRIC, also reported notable increases in their stock prices and trading volumes, reflecting investor confidence in the sector.

HSBC Global Research Report: The report highlights various H-shares, including Harbin Electric and Trip.com, with notable short selling ratios and price changes.

CMBI Strategy Report: CMBI's report lists top stock picks for 2026, featuring Tencent and Alibaba, along with their respective short selling data and price fluctuations.

Short Selling Insights: Several stocks, such as BOC Hong Kong and Ping An, exhibit high short selling ratios, indicating market skepticism.

Market Trends: The reports reflect ongoing trends in the Chinese stock market, with significant movements in technology and finance sectors.